The Pete Quiñones Show - Episode 1139: What Can Trump Achieve? w/ Tom Luongo

Episode Date: November 28, 2024

93 MinutesPG-13Tom is the proprietor of the Gold, Goats, and Guns blog and has written for everyone from LewRockwell.com to NewsMax.Tom was invited by Pete to appear on the show and provide his thoughts on Trump's cabinet choices and if he has any observations, others might be leaving out.Gold, Goats and Guns BlogTom's PatreonTom on TwitterPete and Thomas777 'At the Movies'Support Pete on His WebsitePete's PatreonPete's SubstackPete's SubscribestarPete's GUMROADPete's VenmoPete's Buy Me a CoffeePete on FacebookPete on TwitterBecome a supporter of this podcast: https://www.spreaker.com/podcast/the-pete-quinones-show--6071361/support.

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Financial Services Ireland Limited, trading as Cooper Financial Services is regulated by the Central Bank of Ireland. And now this is over the nation-hamsira. Is leargoal to goa and not great gree in Aundun-Dun, and leant to gaolpah to gain time of Dairin. In Ergrid, we're dig tour chaw-khi-in-voon-hae to funnifunah. It's a lot of doing to do you have to be able to do with an anguocletrics on as to go ahead of all the town of people carafee in the pasty. There's era of cooctuagin.

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So thank you for the support. Head on over to freeman beyond the wall.com forward slash support and do it there. Thank you. I want to welcome everyone back to the Picanuana show. Luongo, what's up, man? Not much, Pete. How are you? How you been?

I've been doing good. I've been doing good. All right. So, let's just jump right in. We're not the kind of people that bullshit. Trump's foreign policy picks. What's your take? Where are you going with that?

I think there are a lot of scare quotes. And I think there are a lot of, of um i think it's a variation on the john bolton play like you listen to to trump on his when he was on with joe rogan he was like yeah you know i i really wish he had called me earlier because i just hired him and i didn't really want to do i have to deal with this fucking maniac right

uh and then he's like well you know he's a maniac so i'll bring him into the negotiations i'll let everybody think i'm going to nuke them and then he uses that a negotiation tactic like trump is a guy that he knows exactly what he's doing he's a he's a and he also also knows how to manipulate the overturn window. The reality is I think that this is a foreign policy team that at best or at worst is going to be it's going to be pro-Israel. There's no way you're going to get around that. And anybody who thought that Donald Trump was going to come to power back to power and not be pro-Israel. It's just, I don't know, like whatever you're

smoking, it's a really good fantasy gig. And I'd like to, I'd like to, you know, visit that every once in a while. But then, you know, when the drug wears off, you come back to reality. And, you know, this isn't a Philip K. Dick novel where you never not wake up. This is real. So, you know, I look at somebody like Marco Rubio, like, you know, like I don't see Rubio as any kind of massive hawk. I see him as little Marco who does what he's told. And, you know, that's that.

Marco Rubio, though, does signal to me that Trump is planning on making Latin America and North America his priority. for the term and that this is a clear signal to the rest of the world that our foreign policy is going to shift radically away from the quote Asian pivot of the Obama administration. I don't think for a second Trump wants anything to do with a conversation, a confrontation with China over Taiwan. I don't think Trump really wants a confrontation with Iran over Israel. I think he's going to bluff and he's going to bluster and he's going to beat his chest and he's going to do all that rotten nonsense but i don't think for a second

that he's going to get us involved in a war with iran i just don't like i i that's not possible i mean it's in a possibility i was you know i i was doing an episode with my friend john the other day and you know he was he was involved in um war gaming in the in the in the aughts over attacking iran and what they came and like their staging base was i was Zerbaijan, which wouldn't happen, which, I mean, that's not going to happen. And also, it would take two years to stage. And while Iran is, while Iran's staging for two years. So this whole thing is, and I've been saying this, this is just a distraction away from what the most important thing is, is Ukraine. Right. Of course, Ukraine is the only thing that really matters. And I think that's why

if it's true that Elon went up and met with the Iranian diplomat ambassador to the UN, some people saying it didn't happen, some people were saying it happened, that that was just a, hey, you know, just let you know where he's at, what he's thinking. But I think Ukraine's the main thing. I mean, the one thing, I guess the one thing that sounds bad is they're saying that by saying we can get this thing done with, it would be to escalate Ukraine. It would be to arm Ukraine even more and make it look like they're going to really push

so that Putin backs down or comes to the table. Yeah, I know. That's the worst case scenario. Actually, from Trump's perspective, that's the worst case scenario. From the worst case scenarios, the Brits are trying to meme us in the World War III. And what's funny is I've come to realize more recently that, you know, I think sometimes when we say the Brits, we mean somebody else, the city of London, where the city of London came from. But now it is really obvious that like, that these British intelligence agencies are really all over this. And I've had people that I trust who are in my sphere sharing stuff with me saying, yeah, look at this.

They don't even, there are, there are outfits in, out of England that don't have, aren't answering to anybody. They can basically do what they want. Well, I, the, uh, the Gray's On article confirmed it for me recently, the one that Kit Clarenberg put out talking about Project Alchemy and General Strickland and all those guys. And, um, I mean, I always kind of knew it, right? But, and even if, you know, and even if that article by Kit, Don't get me wrong. I'm not trying to throw shade on Kit here at all, okay? Because, you know,

he was clearly given information to get out into the public. Okay, this was clearly a, you know, a leak that was meant to get out into the general public, be disseminated and explode. Now, whether or not he, you know, and Kit, of course, is going to run with whatever information he's given. And I expect him to do that. I expect him to do as much due diligence on that information as possible. I'm not, again, not throwing any shade here, but the reality is that we all knew all of this anyway. All he did was all that information does is confirm it and name names. And even if those names are a dodge, right, even if they're another layer of obfuscation, right? Like notice how there are no hook noses involved in that particular group.

It's all classically Anglo-Saxon, okay? Even if that is the case, and even if that's a cover story for somebody else, fine, whatever, I don't care. What matters is that this stops. It's like that leak is akin to somebody leaking Israel's plans to attack Iran before it happened. Okay, that's the kind of thing. That's the importance of it. Now, personally, I think what Kit was given,

is correct is real. I think that I'm you know the more I watch this play out and I've been saying and I've been saying this for an awfully long time because this is my my feel on this okay is that it's always been a collaboration between a certain group of people and the British a certain sect of a certain group of people that we're not supposed to name names it we all know it's the Jews but that it but that it's the question is who's what you know who's zoom in who here, who's running who, right? And, you know, the, I don't even know that it matters at a certain level, right? And I'm not, again, I'm not trying to absolve anybody here. Whoever's guilty is guilty. It's clearly these people are fucking evil. It doesn't matter

who they are. They're evil, and we need to stop them. And it doesn't matter whether we spur out and find out what the actual truth is. Does the actual truth really matter that much as opposed to stopping the people who are actually doing this. Because knowing who's doing it doesn't help you to stop what they're doing unless you literally out what they're doing, which is what that article did beautifully, I think. But we all had plenty of circumstantial evidence around this. So me personally, I think it's the fucking British. I think the shit goes back 500 years.

That's me. Like, you can disagree with me if you want. I don't care. It doesn't matter. Do I think they're cynically using Jewish eschatology? Yeah, I do. Do I think they're cynically using Muslim eschatology? Yeah, I do. Do I think they're cynically using Christian escutology? Yeah, I do. Why? Because they like having a permanent aircraft carrier in the Middle East to control all the maritime shipping lanes, which is what the British Empire was built on. And what's the current business model of Sydney of London? Shipping insurance. Take that and for That's it.

That's like 35% of British GDP. That's where all their money comes from. That's where all their power comes from. Take that away from them. Why do you think they're angry with Iran? Because they kicked Iran out of the SWIFT system 12 years ago and Iran built their own shipping industry

with its repeat with its own insurance industry. Guess why they hate the Russians? Because the Russians are doing the same fucking thing. Like, like, This is about Lloyd's of London, folks. This isn't about, you know, that's, that's, that's, that's, that's my very cynical take on it. And, you know, and if, if you have a bunch of, just to the last point of, if you have a bunch of, you know, Jewish maximalists, you want to call them Zionists, want to call them whatever it wants, that are willing to graph themselves onto that power base.

That makes perfect sense. I mean, and again, it doesn't matter. who's running who here. It's a marriage and convenience, ultimately. You catch them in the corner of your eye. Distinctive, by design. They move you, even before you drive. The new Cooper plugin hybrid range

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on as to goad to every taill, gnaw, and people tariffa, o'anthewan. There's air of cooctuaghan. Fullam, less more, in Ergaret, Ponga Yi. Well, even if you look at Jewish power in this country, if you look at A-PAC, if you look at all these things, it gets to a point where the blackmail and the bribes are only, only go for so long when,

if the person who like it so say there's everyone in congress except for thomas massey and apparently matt gates was taking money and being and being um blackmailed or or bribed by by jews by israel by zionists it only gets so long before they become complicit before they're like they like it they start to like it. And then it's like, then they can start. See, this is what I, I don't think this is what people are seeing is. What people are seeing is if they do start,

if there is a wasp rebellion against Jewish power right now, all the wasps are doing is taking over the power that the Jews were exercising. The only thing that you can hope for, if that is in fact happening, and I've been seeing this for a couple years now, it's not like I just came to this. This is something that it looked like that was were rising. And especially if you listen to the people who go on Napolitano show, even Michael Jones, of all people, was saying, whenever you see someone go, whenever Colonel McGregor opens his mouth, it seems like he's putting information out there for somebody else. And considering he's a wasp elite, and Trump's bringing in all these wasp elites for everything that is based in, domestic and financial.

It looks like they're trying to take over, and if they take over, well, they're going to have the same power that the Zionists and the Jews had. It's just a matter of whether they're indifferent to us or whether their plans somehow benefit us. Right. Yeah, that's perfectly reasonable. That's all I've been saying about Jerome Powell and the vet, by the way.

You know, I mean, It was very early on in this process that one of my patrons, you know, did a genealogical deep dive in the Powell and came up with that he's eighth generation American. I've made this point many times. And guess what? Somebody else in one of my patrons pointed out the other day in reading the, uh, the Trump nomination of Scott Bassant, there was a little note in there that said, and Scott's the direct descendant, the direct descendant of French Huguenots that goes back to 1680. Now, why in the fuck would he put that in that note if it wasn't, important if he wasn't signaling that to somebody. This is like, we have you have two people that are running.

It's on his fucking Wikipedia that he's, that he's descended from French, French Huguenots. That's not stuff doesn't go on Wikipedia that's not supposed to be there. Right. And so, so you're, so you're hearing two things. So you've got two people now who are in charge of US monetary and fiscal policy that we can argue. pretty convincing aren't race traders. And again, you know, what they do with that power, again, I've never, you know, once ever, you know, saying.

Does Janet Yellen like, does Janet Yellen like Jerome Powell? How they hate each other? They haven't spoken in years. Yeah. What power group does she represent? Dhabo. Yeah. Well, let's, let's use the three, let me, I'll use the three letter word.

Oh, the four letter word. No, no. Yeah, she's part of that group, that cabal. But I think she maps specifically, like, look, there's Evil Corp Central. And Evil Corp Central has a lot of verticals in it. You know, like Microsoft has the office and then Windows and then special products and then the Zoom and everything else, right? Well, you have your various verticals within Evil Corp Central, one of which is the

British remnant, one of which is Davos, which would be continental Europe. And then the other, and then you have the Jews. And then you have all these other. And they all have Venn diagrams. And there's a bend diagram of their, of their, of their, sense of structure and there's a lot of overlap with some of them. And I just think the people who are long-term Obamaites are Davosian first and British Remnant second. I think there's a fundamental difference between the British remnant, which is more of the Anglo-Saxon British power,

as opposed to Davos, which is, and look, don't get me wrong. I think the Jews are in both camps. And they think they're playing their own game, the particular Jews that, everybody doesn't like, right? And I think that, you know, that's why it gets complicated. Like, these are old relationships that are hundreds of years old. These are old fights that are hundreds of years old. And, you know, at this point, we're dealing with, you know, the great-great-grandsons are the ones who created the wealth. And I'm being, it's really, like, put four or five greats in front of that. And we all know what that looks like. You start with, you know, If the father made the money and the grand, if the grandfather made the money, the father maintained

the money and the grandson spent all the money. Right. And we're, you know, two or three generations beyond that in terms of inbreeding and, you know, and mendaciousness and all those, in all these other freaking words that are now somehow leaving my brain. Like, you know evil for lack of a better term. Like, you know what we're dealing with here. We're dealing with people who have had no constraints put on their behavior for multiple

generations and there is decadent as they come. That's the word I'm looking for. And, you know, it doesn't matter what the religion is. It doesn't matter what their ethnicity is. Because last I checked, you know, you know, the Jews don't have a monopoly. I'm being decadent. Like plenty of decadent Russians out there. Plenty of decadent Italians out there. Plenty of decadent Irishmen out there. Plenty of different, you know what I mean? Like that's not, plenty of decadent Spaniards and I mean, there's people. When you get that much money, you get that much money, you just like, you just do decadent shit. And so this is my, this, so when I go on my, my, when I go on a rant about why it's not all the Jews, this is exactly what I'm talking about.

I'm just willing to open up the, the, the conversation to, you know, that, you know, that evil and decadence and abusive narcissism and malignant narcissism isn't, you know, isn't, you know, isn't tied to an ethnicity. It's not, it's not, it's not, it's not passed down the genes. you know everybody there's this you know everybody has this tendency this part of human nature so you know just that's why it that's why it's and if you do that kind of analysis or you make those kinds of assertions you're easy to dismiss as being a racist or this or that or anything else because at the end of the day they're really not wrong as opposed to just opening up and going oh they're all shit bags you know what's funny is I was talking to um

I was at the American Renaissance conference and I was talking to Jared Taylor. And I asked Jared Taylor about, you know, the JQ. And he said, well, you know, I've read all of Kevin McDonald's work and I know it. But, you know, I'm all about race. You know, my rule is be a crank on one thing. And I'm a crank on race. So am I. That race is linies.

Like, you know what I mean? Like, okay. I'm okay with that. And that's my gig. If you want it to be your gig, that's fine. I don't really care. But I think it's what's, I think it's important is,

and I'll be honest with you, why part of, part of the reason why I've, like, wrapped my brain around, I've taken this on so hard this way, is because they work so fucking hard to stay in the shadows and blame everybody else. And I think it's really important that we get past this whole image of,

of modern England as, you know, a bunch of, that it's a cross between mining python and downed abbey like it's bullshit that's all propaganda folks okay why do you think they destroyed their own culture why do you think they destroyed their own culture by importing basically

you know the third world and africa and the middle east well this is the thing this is where you get into this did you have a bunch of again this is why i like to make the distinction between Davos and the British remnant. I think. And when you look at somebody like Tony Blair or David Cameron or Sir Mark Sedwell or others, those people like that, I don't, I think that they, that they're just kind of classically progressive British who really do believe in communism and really do believe in, you know, the whole European project. Like, why did the, why did, why did they, um, Why did her cabinet?

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Search Trump-Ireland gift vouchers. Trump on Dunbiog, Kush Farage. And destroy any restoration of, you know, effect. I mean, at the end of the day, you have to ask yourself the big question is, like, well, it's two things. One, I don't think the British really care. The British elite don't care about their people. They don't care about the culture. They just can't stay remaining in power.

They're locusts. So they, I think they realized a long, long time ago that ruling the world from this little shitty island is not, you know, is not what's necessary. They're willing to move their power base to wherever they think the power base is going to be next. They already moved their power base to the United States ages ago. Right. And now they were, then they were planning on moving into China.

And Xi was like, yeah, that's nice. Your money's still trapped behind the fucking Chinese wall. Ah, and I, and I and and and that was a double entendre on purpose, folks. You don't know what the Chinese wall is between the investments bank side and the and the commercial bank side of a bank. This was this Chinese wall between them. Like, um, supposedly like. Xi don't do exactly what he was doing.

And, and, and so did Deng Xiaoping and the others. they all understood exactly what was going out. Or they had an arrangement, right, with the Chinese in the 80s and 90s and into the odds. And then Xi comes to power and says, no, no, no, no, no, no, no. And keeps the capital account closed. And then all the money is stuck behind the Chinese wall. And then he just cuts up all the avenues for escape.

Like I saw something this afternoon. Somebody posted to my Twitter feed this afternoon that I don't know the guy's name, but she's about to execute. some banker for being a traitor. And apparently that guy, you know, apparently that guy worked for Soros. It's being executed.

They didn't just take his money, folks. They're going to execute him. Oh, by the way. So, you know, but they were fully preparing to move their, their power base to China after they strip mine the British Isles. They strip mine Europe and then they strip mine in the United States. And now they were planning on strip mining China.

There's locusts. They go from place to place to place. And, you know, and again, this is not an ethnicity at this point. This is a mindset. And, you know, yeah, there are a lot of British Jews who anglified their names. I'm not going to argue about that. Who's a bigger threat? Or who does Powell view as the enemy more?

Is it the city of London? or is it Davos or is it Column A and Column B? I think it's the same thing. It's the Eurodollar system. He's already neutered city of London because he took a LIBOR away from them. Okay, if he neutered city of London, answer me this question, just so we can piss off the libertarians and anarcho-capitalists. Sure.

We may do that. Why did Javier Malay send all of that gold, all like 60 to 70% of Argentina's gold to the city of London? Um, did anybody I don't, I, the first thing I did was say, oh, look, he's fake when I saw that. But then I saw about three weeks later, um, that the British are giving them, giving Argentina the Falcons back. Oh, okay. So the, so, hey, um, even if they need, even if they need something.

The England is broke by the way. Right. Well, there are they buying, aren't they buying our debt out of like the Caymans and out of St. Kitts and trying to, weasel their way back in? Well, no, that's a different, I think that's a different point. Let's stick on the Malay thing for a second, simply because I don't, I'm going to, I think I'm going to wind up being wrong about Malay in the same way that I was wrong about the Vec, okay?

And fair, a fair cop. And I hope I am. I've always said I hope I'm wrong about the Vec and I, you know, I'd like to be wrong about Malay. If Malay traded the Falkland Islands and all the oil and all and everything else and all the oil rights and everything else for the rest of our, for most, you know, Most of Argentina's gold. That's a fair trade for him because now he can,

because if he's open, because if he then deregulates the economy and leaves the, and then makes a deal with Wall Street, which is apparently what he's doing to recapitalize the country, right? Then they've got all the gold and solar coming out of the ground that they've want. The Argentinean government can rebuild those reserves in no time, right? If that's the deal they made, he made, then that's the deal I would have made. Cool. Yeah, I mean, I agree. I agree. It's hard to argue with that point. You know, my ego would say,

normally my ego would say, nah, I'm still right about this, but I'm not. I mean, if I'm wrong, I'm wrong. Like, so that seems like a real honest to God trade here. Um, so then with the British buying the shit out of US treasies, and they are by the way now the second largest holder, the Bank of England is, of US treasuries on the, you know, of all the central banks more than China, just barely. they just beat the Chinese out a couple of weeks. And the Chinese vacillate about $10 or $20 billion a month plus or minus. So, you know, it's next month, China may be number two. But they're right.

Don't they do it every once in a while as a fuck you to us? Just be like, okay, this is what we hold over you. And then it's just like 10. They're doing it to keep the, they're doing it to keep the pound under from falling because they're trying to keep their bond yields from rising too fast. Well, they're not doing a really good job with a pound. when we were kids, the pound was always like $2. It seemed like it was pegged to two American dollars.

It was for a long. A quarter. Yeah. It's a buck and a quarter. Yeah. So 125, six, something like that this afternoon. The, the, but the, the point is, is that at this point, and again, I don't have, I can't like tell you, well, this, the trade looks like this from Japan to, from Japan to

Germany to England to France and back again. No one knows what the fucking trade is. We just know that, um, that the ECB and the BOE are, the Bank of England and the European Central Bank, are, have been maintaining a very tight yield spreads between American and German debt and English debt of similar maturity since Powell started raising interest rates. and the pound euro cross has been a particularly egregious thing. When I wrote the last blog post that I wrote last month about, well, that maybe not last month, but back in October,

before I went to speak at the Mises Institute on October 12th, I wrote an article talking about the British and I said, you know, I opened it up by saying, look, I'm never, I am the last person to be considered a fan of the British. But I'm going to do something I would not normally do. I'm going to now cast them as the victim, not the villain. And the villain in this story is the ECB. Right.

Because depending on your point of view, it depends on whether a person is the hero, the victim, or the villain. It's a very important thing to do. And this is part of the reason why I get really angry with people who say, well, it's all the Jews. Like, no, it's not. They can be a victim depending on how you view the problem. Right. They can be the hero, depending on how you're, now. Well, we're really big people's fucking noodle, right?

So it all depends on the perspective. So in this perspective, the break, go back to Brexit. Go get the pound euro cross. Let's go pull up a 10-year monthly chart of the pound euro cross. And you'll see that during 2016, you know, once the, we were getting close to the vote for Brexit, the campaign to stop Brexit started very quickly. And it started with them attacking the pound versus the euro. And they devalued the pound versus the euro by 25%.

Okay. Now, the bottom of the trading range is around 83 cents. So 0.83 euros to the pound. Okay. That has been defended like a dog since 2016. Like it's hit that bottom end of that range 18 times, right? I don't know, 12 times, 18 times. Doesn't matter. A lot. That's the floor. Now, when you devalue the currency, one currency versus the other, obviously the pound is losing purchasing power on the continent of Europe. All right. So now, under normal circumstances, because that happened and because the pound was being, is also devaluing against the dollar and other currencies, there should have been an

investment flood into the, into the UK, but that was blocked because of the three years of Brexit negotiations, then COVID and everything else. So what we're talking about here is that you, the to punish the Brits, the British people for voting for Brexit. They've left the pound very, very weak versus the euro. And then there was nothing that would allow the benefits of the weaker currency to come in and make things better for the British people. In order to do what? To destroy their support for Brexit and set up eventually we're getting rid of.

And so everybody hates the Tories because they gave us this Brexit. This Brexit didn't work. It's all awful. The London set, the formerly people like Jeremy Clarkson used to complain about how expensive French wines are now and all those, and they can't get cheese and all those other crap. But the truth of the matter is they couldn't really export either because there was a part of the Brexit agreement that left the British on the hook for any damages to the European Union for 10 fucking years after the Brexit vote.

So you strangle them on the currency, you strangle them on bond yields. Trump said he would give them a trade deal if they voted. for Brexit. Our Congress stymies them for four years because our Congress still works for fucking Obama and Davos, Continental London, continental Europe, I mean. And then we get COVID, which destroys everything. Boris Johnson tries to stand up to these people, not go for lockdowns or any of the, and masking and all the rest of this stuff. They try and kill him twice. I mean, I'm a fan of Boris Johnson, but they did try to kill him a couple of times, right? So when you when you factor all that together, it's very clear that they were trying to starve the Brits out because they wanted them back in the European Union.

So this is a fight between the old British remnant, which is what, who backed Brexit. So that remember during the Brexit negotiations, everyone with all the the, the Remainers, the homeowners were like, well, you know, the Brexit was just backed by a whole bunch of really rich people who you just, you know, you know, you heard all that shit. Well, yeah, they wanted, they wanted their independence. they want to be independent of the European Union, you fucking assholes. And they wanted to reassert British dominance over continental Europe. At the same time, do I think Nigel Farage was a part of that? No, do I think the other people that, you know, he had to get into bed with to get Brexit done? Yes.

Like, you know, it's a very complicated situation when you're trying to extricate yourself from the evil freaking people. But the European Union is Britain's biggest trading partner. So the with the Biden hunter now the first thing Biden said was you know when I come to power no trade deal for the UK get back into get back into the European Union you you know you you gap tooth frigging Limeys like that's what you're supposed to do and it was very clear that that's what the policy was because the plan of all these globalists at the end of the day they all have the same plan destroy the national borders, destroy the national culture, and then turn all of the power over to the transnational post-World War II institutions, the BIS, the IMF, the World Bank, and the UN, which they control.

Now, in my map of the world, they're all fighting as who's going to control those institutions after the war is over. Is there going to be the British remnant? Is there going to be France and Germany? Who's it going to be? And everybody's fighting over there for that. But they all agree on two things. Destroy the U.S.

because they're the only real current antipo to them within the Western system. That has to be taken out. And two kill Russia because we need all their resources for the collateral necessary to, to reboot the system after they collapsed the entire system during the war.

Because who the hell is going to buy the new debt, same as the old debt, after they collapse and default on, you know, I don't know, so you're only $20 trillion with the sovereign debt. You've got to have more than 23. You've got to have the cash flow streams coming in the future to get anybody to go along with this. To basically take the big punch in the mouth now

for the big pot of gold at the end of the rainbow. And that's why Ukraine, Pete, to your original point, is the key. because Ukraine and Russia are the prize. And the best way for them to win is to set the two people that they hate the most, who are their natural enemies in this fight against each other. So France and this is the only time you'll ever see France and Britain agree with anything. Yeah, we need to kill the Russians.

Yes, we need to bring the eight Americans down a peg. Then they're going to fight amongst themselves as to who's going to win after that. but clearly the the British have been betrayed from within the same way that we've been betrayed from within that's very clear so well so if if there's a group of people in the what what was that i said in the jews were a side show the if the if the wasp elite in this country are making moves And I think that's one of the reasons why Tucker Carlson's podcast is the number one podcast in the country, in the world. Because that's where it seems that most of this resistance to the apex of the world, the Ukrainian nationals that are in the government. You know, Alexander Vindman, who he needs to be hung. Of course, he needs to be tried and hung for treason.

I mean, if they are making, yeah, I mean, these, let's keep going down the line of how many people in Biden's White House are from within like a 20 to 30 mile radius. Their families are from a 30 mile radius of Levovot. I mean, it's, it's insane how this is just a, like a Ukrainian and they all have Jewish, or all Jewish backgrounds. But if the wasps are making a move, and Trump is loading up his cabinet mostly with non-Jews. I think there's two or three at this point. But, you know, everybody will scream, well, while the rest of them are Zionists, they're all pro-Israel. It's like, I mean, everybody's talking about like a, Florida occupied government and I'm like, well, if you are a politician in Florida and you're

not pro-Jewish, you're not a politician in Florida. Well, certainly not from South Florida and certainly not a statewide race. Yeah. So up north where I am, up north, they're, you know, they're Jewish. They're the ones that with the kids that go to the University of Florida. Let's like, let's like get up. Yeah. Right.

So if the wasps are making a move back, where do you see in the cabinet? Because I'm not at all worried about pretty much anything that I've seen put in the cabinet for domestic. And to me, I think Trump doesn't want anything to do with Iran. I think he's mostly leave Israel. Israel does what they do. You know, I'll be friendly to them, but I'm not going to go out of my way to help them. He wants Ukraine done. It seems to me that this, this cabinet is focused on domestic, is fixing what's wrong here.

And this cabinet is like one gigantic troll. It's like a gigantic, fuck you to the people who've put us through hell for the last four years, especially through COVID and especially through the summer of Floyd and the election. of 2020 and J6 and everything that's happened since then. And the people that the people who don't see that, you know, I've, I hear, I heard two very popular libertarians. I was listening to the podcast before we started recording saying, this is going to be no different than Trump's first term. And I'm like, how do you? Okay. These are the same people. These are the same people who were screaming at Tulsi Gabbard is a Zionist because she's she's not down with the crazy Islamists

that we created that need to be wiped off the planet like they're insane because everything comes down to the same because look I'm I'm at the point now where people like their misery there are some people in this world who like being who like losing because losing is comfortable because losing has no responsibilities. Losing is sitting in the back of the classroom, lob and spitballs at the teacher, and when the teacher finally gets tired of it, or even better, the rest of the class gets tired of it,

and turns around, look, do you think you can teach this fucking class better? Get your ass up here. Oh, no, no, no, I just want to lob spitballs from the back of the room. Now, you and I can lob spitballs in the back of the room, and then when they turn around and say, Can you teach this class better? I go, fuck yeah, I can. Get out my way.

Oh, by the way. And that's what we do. And again, no, you know, no ego here. I just know damn well that, okay, if I'm going to, if I'm going to lob bullets from the back, if I'm going to lob spitballs in the back of the room, is because I'm unhappy, satisfied with these explanations, but I'm not doing so because I just want to be a gadfly. I mean, I'm good at being a gadfly, but I do so because I think you're wrong. and this is why I think you're wrong.

They don't have a reason as to why they think they're, they just know they don't want to be right because it comes with no responsibility. And it's pathology. Dex's White and I've had a lot of conversations privately about this in recent days. And one of the things that he brought up to me is like, look, you're just dealing with a lot of people who are vaguely spurgy, some of them. Some of them are more spurgy than others.

And the other side of it is that they all have oppositional, defiance disorder. And that that's what libertarianism attracts on balance. It also attracts very smart people with a lot of principles who go, no, no, no, these are, this is a better way of thinking. This is a better

way of being. But they also graduate beyond that to go, this is a personal philosophy. Not a political ideology that we can play, that, you know, we can we can birth whole hog into the world. That's a fundamentally different thing. Right. Like, you know, yeah, taxation is theft, but I still pay my income taxes because I don't want to,

because, you know, I don't want any more holes in my head. I'm not stupid. Like, I have enough holes in my head. I don't need another one that's a vaguely nine millimeter size going in, you know, or 300 blackout going in one side and out the other. I'm sorry. I'm allergic to that shit. You know, get over.

Here's your money. I understand it's the mob, and I understand that April 15th is Envelope Day. I'm not dumb. Okay? And I think that that's, you know, that's part of what we have to, we have to understand that we're dealing with that level of arrested development, childishness, whatever you want to call it. And I know there's going to piss a lot of fucking people off, and I don't care because I'm

about winning. And if you don't want to win, fine. The LP is a great place for you because you're never going to win. Let me ask you this. And I don't, I don't want this to become like a complete, just throwing shit at people. But you were asked to speak at the Mises Institute supporters summit because they know you're a long-time libertarian. You've written for Lou Rockwell.com and yada, yada, yada. And they haven't released the video yet.

what did you what was the message that you sent them that is that seems that i'm not going to say that it seems to me they either think that it will tarnish their image it goes against their core beliefs or it'll piss off the donors if it didn't already maybe maybe on the above I know that while I was giving the speech, the room didn't feel cold. Okay, I didn't. It didn't feel, I would say at times it probably didn't feel warm, but at the same time, I got enough, you know, positive feedback off the room that I didn't think that I was, you know, stepping out of any bounds.

What I basically did was I came in with an idea. The name of the speech was quite simply, now is our time to slay dragons, are we prepared? And I gave a, what I gave was a very kind of high level metaphoric talk about branding and messaging. And I use, you know, and I use the evolution of storytelling from the modern novels and the birth of the modern novel all the way through to the birth of the role playing game in the late 1970s as the as the jumping off point. And I did so because I wanted to remind, I wanted to talk about how, dominant paradigm shift, right? So we live in a Keynesian dominated world. And if you want to have an Austrian dominated world in terms of economic thinking, well, then we have to do some,

we have to do some rebranding because here we are, 12 years on from the, from the Ron Paul Revolution. And there's, and, you know, and I'm probably stepped in it a couple of times. Because I said, look, if we were really a serious organization, and I don't I said this, that there'd be more than, there'd be 2,000 people in this room, not 200. But we're not, We're not paying it off. And I don't think we're doing, you know, I don't think we're doing the, I don't think we're doing the work that the men who came before us. I don't think we're doing the, I don't think we're paying proper homage to go out and

build the next generation that way. You know, if you want to just maintain, what I did say was I said, look, so we have a great story, but we tell it badly. I wasn't like being a dick about this. I was literally saying, we have a great story. We just tell it badly. We go from private property rights, the taxationist theft to end the Fed.

And that's scary to a lot of people outside this room. Everybody in this room gets that idea, but we don't. But the rest of them don't. They say, well, what do you replace it? How do you get from here to there? What do you get? There's all these stories, these all these questions, and we're not prepared to answer them.

We don't craft our talking points this way. And I did say, I said, understand, I used to be, the Mises Institute was the first place I went to in the morning, Lou Rockwell, Mises.org, check for new things. I don't do that anymore. I haven't been there on a regular basis. I haven't been there in 12 years. There are 10 years.

Why? Because I already know what you're going to say. And it's funny, Pete, is I've told this, I've told part of this story to a number of different podcasters behind the scenes and explaining what happened because they're all like, dude, once the speech coming out? And I'm like, well, I can't. And I explain it to them. And I told them the exact thing.

And they all said the same thing. Yeah. We know what they're going to say. And then I have to ask the question. I'm like, why am I on every? everybody's podcast and I'm a dick. I swear a lot. I'm not even, you know, I'm half the time I'm not even like fit for human consumption. And yet on everybody's favorite guest, apparently. And again, not busts my hand pat and myself on the back, but I what's the why? Because you never know

what the fuck's going to come out of my mouth. Right. Well, and so what I said was, I said to them, I didn't, I wasn't that confrontational about it, but this, but it was, but the theme was underneath. And I said, what I said was, look, we have a great story. We should do a much better job of telling it. Now, I come in here and I'm the heretic. I'm the one guy who goes out there and says nice things about the Fed every once in a while. Tom Woods is really good at what he does. Tom was in the front row and Tom does what he does. He brings people along to the, he's the introductory guy that brings people into the whole thing. But we don't have anybody in between. And I said, and to the kids in the audience, to the interns, what role do you want to

play in this? If you, you know, because you have a role to play. And you should think, and I'm like, and all I'm doing now is paying forward what Gary North taught me 20 years ago. You know, find your niche, find that thing you're an expert in, and be great at it so that people use you as a resource. But we have to tighten the story. We have to tighten the storytelling up because the goal is to lead the people out of the darkness so that they're strong enough to go slay dragons. That's what we need to go do. How do we do that? Well, I got news for you.

not doing it. I said, if we don't do a better job of telling this story, then what's going to happen here is you're going to have what happened at the Libertarian Party Convention this summer, where you're going to send Dave Smith and those guys into a room full of Trotskyites and take over your institution and succeeding. And because you didn't prepare them emotionally with the right weapons and you sent them in unarmed in a war. But the system is failing. We have answers to a lot of these questions of how to get. get out of this problem that we're in. Another question is, are we willing to come up our rhetorical mountain and go help them? And if we're not willing to go do that, then we're going to just be in a

relevant book club. And, you know, I can, I can, I know why people are, I know why Salerno and De Lorenzo, who by the way, called me a clown. And I don't have no problem now saying this almost two months later. When I asked, when I asked very nicely as to whether or not I was ever going to see the speech, or was going to see the lie today, call me a clown. And I know that the people that I talked to after the speech was over, they were all, we were all sitting out there for two hours after the speech was over right outside the thing i was available to everybody we all had a great time and they were like thank god you said that that crowd needed to hear that has needed to hear that for 12 years 10 years i've been coming to these things forever and i finally somebody said what needed

to be said like and i do believe that i don't know because i haven't had i haven't talked to him but getting a hold to lou rockwell personally by email is always been very difficult for me going back to when i first published my first article with him because he misses stuff he always has or my emails wind up in a spam folder or something on those lines. So I sent Lou a very nice thank you note. And I know that while I was checking in with him during while I was giving the speech, he looked riveted. He didn't look angry with me.

And I was given the Yank, by the way. I had structured the speech in such a way that I moved through all the talking points to get to the end, to leave 15 minutes for Q&A to explain myself. And they gave me the Yank after one question. Well, we had a whole raft of people getting ready. to ask questions. And so what we wound up with is a scenario where we found out that, you know, there are people there that are comfortable with where they are. And if they're, if they are comfortable, this is what the last thing I'll say, if they're comfortable being the

keepers of the records, if they're comfortable being the monks who preserve the knowledge through, you know, canticle for we, Lieberwood style, if that's their, if that's what they see their role as being. Well, then, you know, Mazeltov, that's not my role. And that's not what I think their role should be. But hey, you know, I gave it my best shot. But I wasn't confrontational. I wasn't mean about it. I was like, look, let's go out there and slay dragons. But we may have to make a deal with one for a little while. We may have to say nice things about the Fed, because the Fed may actually do the right thing every once in a while. It's not, it's not anathema. It's our job. It's our job. as analysts to analyze the world we have from the perspective of what you know from our perspective

and i you know it's what i said yeah well i get shortly afterwards you and i had a private conversation and people i guess the only person my wife got to witness our private conversations which pretty much end up with you and i yelling at each other but not yelling at each other like we're mad at each other. We're just like so we get so fired up. We just start yelling at each other. And we're pretty much just yelling at each other on the phone. And one of the points I made, which I want you to talk about right now is that all this end the Fed bullshit, if you ended the Fed tomorrow, the globalists win. And they don't realize that. So why do the globalists win if we end the Fed tomorrow? The globalist win if we end the Fed tomorrow because this is a war between

central banks. This is a war over the future of money. And like it or not, the shitty money that we're all using is right now the dominant mechanism by which we run the world. And it's greased by dollars. We created a dollar global, we already created a global reserve currency, which is a rare thing in human existence. Matter of fact, I don't think we've ever had a global reserve currency previous to this. Not even the British pound was a global reserve currency. Let's not kid ourselves. right gold was maybe the closest thing to a global reserve currency and then there's the manipulation of gold versus silver during the 19th 18th 19th and early 20th centuries that led to a lot of right I led to a lot of strife and a lot of anything else so in today's world um asset prices are based on the amount of this crappy money that's floating around

so if you want 91st percent deflation and you want to uh the globalist will win simply because if you try to get rid of the Fed, then you're seeding control over the global monetary system to them because the dollars are still going to flow. If you give it, if you give it over to the Treasury, now they can go and they can take over the federal government every four years. Okay. And we maximize the uncertainty surrounding the future of the dollar. So when you maximize the uncertainty over something in an economic sense, what do you do? You short a this lifespan because people buy things and they invest in things and they do and they they in order to create certainty in order to create a sense of higher time but they want lower time preference we want

people we act in order to lower our time preference i'm going to put this in mesean terms right we act in order to lower our time preference on what we're going to do with the next minute of our life so we can think farther out into the future well if you maximize um uncertainty because you're not sure if the dollar's going to who's going to be the federal reserve chair, who's going to be the Treasury Secretary, who's going to be the president, this and everything else. Remember four years we're constantly, you know, flipping back and forth between tight to weak to this, to that monetary policy or fiscal policy, you know, then there's maximum uncertainty. And if once, now that we've reached the point where all the, the national

balance sheets around the world are chocked to the guild and levered up with debt to the point where it's either you collapse them or you reform them completely. Getting rid of the Fed now, it's not going to, we're not going to go back to the gold standard. I mean, gold has already proven inadequate for this, this level of division of labor. I'm not saying that gold is bad. I like gold. I love gold. I think gold needs to return to the monetary system, but it can't return to the monetary system.

We're not going to be transacting in gold coins, folks. Like, that's just dumb. Like, we're going to, we can, we have gold come back as collateral, but you're not going to be able to move. to that tomorrow. And because they'll just eat our lunch with shitty money, that out-competes good money. Because you won't stop the process of Gresham's law. Gold doesn't circulate because of capital gains tax on gold. Gold doesn't circulate because dollars is shit.

You get rid of the dollar, you get rid of, you get rid of the Fed and a control over the value of the dollar. You hand it back to the, you're going to hand it to the European Central Bank, you're going to hand it to the BIS. Great. Now you're just handing them the blueprint for programmable money, you know, debanking, unpersoning, de-platforming. Again, I'm not, you know, again, the Fed isn't our friend, but the Fed acts on the behalf of the

commercial banks who don't want to be cut out of the new, brave, new monetary world that they're trying to build. So while central banking is evil, and it is, when you have the biggest dragon at the table, or you have the biggest army on the board, you don't just, I'm going to convert those into plowshares and, you know, let the, and then, you know,

say, yeah, I'm not playing anymore. Great. So you're telling us that we're all just going to do, we're just leaving us to the wolves then. Well, yeah, well, of course, we're libertarians. Like, I'm sorry, I'm at the point now where I really do feel like Ed Norton while he's beating the shit out of Jared Lato and Fight Club.

Like, I, you know, he's beaten the crap out of him. He's literally saying, you know, I was angry for every panda that wouldn't fuck to save its own species. That's the way I feel about these, it's the way I feel about every one of these black pill libertarians. Every fucking one of them. And I'm angry with them. Because it's very clear that they have no fucking clues to what's going on. And I can lay that at the feet of the second generation, Mesasians, who have not filled in the fucking details and have not met a Euro dollar.

ever understood. It's a big world out there. I mean, when a shipback like Jeff Snyder understands the global monetary system better than the entirety of the Mises Institute, and then reveals himself to be, as far as I'm concerned, a water carrier for the globalists because he never once, because he tried to explain the euro dollar system to everybody for years, right? But the minute Sofer went live and I started complaining that I started saying, well, no, Sofer is going to eat Libor's lunch and the United States is going to be in control of its own monetary policy again. I got so much hate mail and feedback from people. Like I got I got blacklisted by Robert Barnes for over a year to be honest with you.

Is that because you're a are you an N. Are you an N. Because he believed because he agreed with Jeff Snyder over over me. And I told I told him my asked him multiple times, hey man, why you come on the podcast, we'll talk about it. Or all of his people said, why don't you have Tom on? You guys talk about it? No, I don't want to. Like, oh, look, Gryfter, I'll state it flat out.

I don't give a fuck. We're here for the saving, trying to save the fucking goddamn humanity from these fucking people. And you expect me to not name names? Maybe that's the only legal statistical on my part. I'm fine. I'm going to shit. But it's clear what these people are doing over on, over the Marin-Earical

building and it's clear what they're doing on Wall Street if you have eyes to see and are they perfect no are they going to try and you know are they going to turn in could they turn into the next you know boss we have to you know level up and beat the next time sure again why did I use role playing games as a as a as a metaphor for this yeah we have to level up not only our rhetoric today but possibly have to fight a bigger boss tomorrow I did say at one point I said you know I do like it every time that Bob Murphy beats up on Paul Krugman, but, you know, dude, at the end of the day, Krugman's a Cobalt. Could we, you know, could, could we graduate to owl bears, please?

You guys aren't even ready for dragons, aren't even ready for them yet. You haven't prepared people for owl bears yet, and we've got dragons to sleigh. Like, I mean, I don't know, man. I look at this is very obvious to me what needs to be done. And, well, it's, there's a lot of audience capture. There's a lot of audience capture in there. too. It's that they're, you know, I'll say this as somebody who has, when they stopped pushing the libertarian line, you know, lost a huge percentage of my income from content creation is that

there are people who their job is being a libertarian. Their job is, you know, promoting, promoting this. And they know, and I will tell you from experience, and you know this too. As soon as you step away from that, as soon as you, as soon that box you're in, as soon as you poke a hole in that box and you want to see what's on the outside and you're like, oh, wait a minute, there's more information out there that we need in order to operate in order to take down this enemy, this, you know, this enemy that's been lording it over us for, you know, a century and centuries in many cases, people know that they stand the chance of losing their income. They stand the chance of losing their audience. They stand the chance of losing their donations

because they've created a group of people who cannot see outside of that box, and anything outside of that box is statism, Keynesianism, yada, yada, yada, yada, yada. And all of those, all of those things are sins that are unforgivable. Yeah. Well, Again, so it's a cult, it's a religion, it's a thing. I, while I was there, I said, I said, you know, guys, I want you to understand that what the, what, what the downstream effect of the story that you're telling is the following. You've created Bitcoin Maxis. You've created gold bugs. I said, Peter Schiff's a good thing.

Peter Schiff's not in the room because I'd like call him out right now and I'd like call him an asshole. I didn't say that. I thought I would call him out immediately. I said, you know how many billions of dollars he, he has lost his people? I know. Oh, by the way, at New Orleans over the weekend, Larry Leppard literally told him on the stage, go, fuck himself. Peter, you've cost your, you've cost people, you've cost your clients billions of dollars you need to shut up. And apparently, like hit the brick wall. Like hit the brick wall.

But I said, I said, like, even that morning, this is one of my, one of my impromptu applause lines. I said, that morning said, Peter was out there on Twitter. I was reading my Twitter feed this morning before I got started before I came down here for this. And I'm like, and Peter's like, I spent an hour and within an hour, I got chat, I convinced chat GPT that Bitcoin's not digital gold. I said, that's cute. Yesterday, my daughter was telling me about a story about how one of her friends spent a half an hour with chat, chat GPT and convinced it was a horse.

Very nervous applause for most of the audience. And abrurious applause from about a quarter of the audience because they understood it. Like, this is what we're dealing with. Have you met the Bitcoin Maxis on Twitter? Do you understand what to them, those people think I'm on, Zionist Schill. Okay. We're at the, where they're, they're so far gone in this very simplistic worldview. And you've given that to them. And you've not given them the tools to take that one step further as to what that looks like. Now, I go on Bitcoin podcasts all the time. And I read

the comment and I read the comment threads afterwards and I'm like, yeah, you can see the ones that don't get it. They come after me on Twitter. And I'm like, dude, I don't care. You're a Bitcoin actually. Like, I'm not interested in that. Bitcoin may win eventually. You may be right. don't care. Still not going to, I'm not going to say, I'm not going to say definitively what Bitcoin is going to do. I'm not going to say definitively what's going to happen in 20 years because you don't have any, any more of a fucking clue about it than I do. So stop larping like you know anything. Like it's, it's just, it's otherworldly. But you, you, when you live in the real world, you realize that you have to interact with

these institutions and these organizations where you have actionable information. You know, for me, Pete, and I talked to Bob Murphy about this, both on the air, actually in my podcast and off the air. I said, you know, Bob, I said, the dividing line for me was the day I was going to work for Newsmax. I think that was actually part of the speech as well, is that when I went to work for Newsmax, I went in with this mindset, with this story that I had been, I thought I understood everything. And then I had to start managing money for people. And I took that responsibility very seriously because my name's at the top of the mast head.

Last I checked. And, you know, I'm not going to just, this isn't a grift to me. If I want to continue doing this, I have to be good at it. And it became very clear very quickly that I was, this is in 2013 through 2050 and nothing it was working. Hide to the gold bear market, right? And at one point, I finally had to, you know, take it into my consciousness that maybe Martin Armstrong had a point or two.

about that. And I even invoked the quantity theory of money and all this stuff. Just to remind everybody to know, seriously, I'm not just talking in political terms here. I sprinkled the whole thing with enough hardcore Messasian speak for them to understand that I know my shit. For maybe the people in the audience who've never heard me speak before. Or, you know, read an article of mine or whatever. Clearly, Tom DeLorenzo never had. By the way.

So I went, I said, you know, I had to really start upping my game. Otherwise, I was going to fail. And then I would have to go back to digging ditches or, you know, analyzing blood or whatever the hell I was going to do for 11. So it's at that point that I really had to seriously engage with the way the world actually worked and then use this as a filter to understand how the world actually operated and where and use that as a filter to figure out where we were going to go next and really dig down and it took me a long time it took me 10 years to deprogram myself and um you know we all can

do the same there's a lot of smart people in this room with a very a lot a tremendous amount of talent let's go down forth and let's let's kick ass and take now effectively hey let's go out there kick ass and take names we we have something they don't have We have something akin to the truth. Do you think that the Powell Trump bluster was Kay Faber? Or do you think that was Powell waving his dick around? That was all set up by the British. That was the British.

That's an operation. I wasn't to Trump. I don't think Trump understood what Powell was trying to do. I think Trump was during. COVID, I think Trump was on the rod of pressure. And he wasn't handling the pressure very well. Okay. And maybe he was thinking in terms of the bigger picture, right? How do I stay in power so that I can finish doing what I need to do? These people will cock balk me. I now finally have a handle on what it is to be president. And I'm going to have a second term. I'm going to have a new cabinet.

And he was really worried about that. So, you know, any fight between Powell and Trump during 2020, I just don't. You know, and then early in the campaign trail, you know, Trump says whatever he has to say while he's campaigning. So I don't, I just, I don't even listen to Donald Trump when he's campaigning, to be honest with you, because it's all bullshit. Because he says whatever he needs to say, maybe not at all bullshit, but like a lot of the stuff, I just, I know that he likes to throw stuff out there in order to get people talking about what he wants them to talk about. And then he came out and he said, yeah, I'll tell is fine. And then the day after the F-O-O-D- then the day after the election with the F-O-M-C meeting, there's Powell at the podium and some junior chick from Politico.

So you can read on the fucking payroll. Three letters. Three or five letters. DA-V-O-S or S-O-R-O-S. It doesn't really fucking matter. Same thing. And then, yeah, whatever. Limey, whatever, says, will you step down at the president?

ask you no why not but but but does you want to give any more color why should I no it was all bullshit it was no different than when the the the just stop oil chicks showed up at the ECB to him you know to embarrass him and he's like closed the fucking door like that was probably the last time he spoke to christian legaard but they treated him that badly like fuck you like if i'm pal So Trump, he gave Trump everything he, Trump needed to win. He held interest rates high until September. He choked the economy to lay a choking, desperate economy, gasping economy at the feet of Kamala Harris. And now he's going to lower interest rates.

He's going to hold back. He's going to pull back on credit. He's going to normalize, he's already begun normalizing the yield curve. And it's going to be, and the Biden administration has been, you know, I said this all through of 2024. I said the Biden administration is lying about the unemployment numbers. They're lying about the housing starts. They're lying about this. They're lying about that. Why? Because they want to campaign on a stronger economy than they actually have. At the same time, they want to complain that the Fed is holding interest rates too high because, you know, reasons. Well, which is it?

You know, it's like that scene from, from Brother Rart thou. Get on the floor. Don't move. Get on the floor. Well, what do you want us to do? Oh, man. If we, if we get on the before we'd be in motion and then you know it's that it's that kind of thing it's the same same kind of logic and i said no powell's going to use the high inflation numbers which they can't get around to hold interest rates high enough to um to hold interest rates higher and you know every time they put out a um a bullshit economic indicator that says the economy's in better shape than everybody thinks it is this is because Powellmore reason not to cut so we didn't cut and he cut at the last possible minute 50 basis points to let the world know no really the economy is in really fucking

shitty shape and then that that broke the illusion for a lot of people bond market sells off long end of the yield curve sells off blah blah blah blah you know the euro starts to break down the pound starts to break down the BOJ was already out there defending the end like to all sorts of, shit that I've talked about at length all year long. I've done 150 podcasts on this shit, right? 100 podcasts on this. And explaining this on a day-to-day basis. And anybody who doesn't believe me on this, go back and subscribe for a month

and listen to every freaking market report since January. Because I literally, my people are tired of me talking about it every Wednesday and every Sunday, every week all year. So, you know, that's been the dominant area. in, you know, in our corner, our little corner of the universe, and I happen to have been right about it all. Because it was very obvious what they were doing. So to me, from that framework, it seems like I was right.

Great. Well, Powell cuts 50, then he cuts another 25. He's going to cut 25 next week or two weeks from now. He's going to probably cut again at the end of January, another 25. He's probably going to get down to 3% by the end of the next year. And everybody's expecting him to go to 4 because inflation is too high. Well, they cut that all wrong. He's going to invite another round of inflation because he has to.

Because it's either that or a credit crisis. And he's not going to allow the banks to meltdown. He'd rather have another round, a commodity cost push inflation that pushes the CPI towards five or six percent. But if Trump cuts $2 trillion with the spending out of the free market, we're not going to have that either. And I'm telling you, folks, and I'm stating this unequivocally, they are going to cut $2 trillion in the budget. And it's the easiest thing in the world.

And I'm not going to say it because I don't want to jinx it. But when it happens, you're going to be like, oh, my God, that was staring us in the face the entire time, wasn't? I'm like, let's let's let me get you on another subject that I know people want to get on. All right. Federal Reserve, Wall Street, do these institutions want a central bank digital currency? No. Why? Not under Powell.

Because why would they already have the world's the most dominant currency? Why would they, why would they fuck with the, why would they fuck with perfection? Why would they want that? If there is a central bank digital currency, how does that affect Wall Street? It takes them out of the, takes them out of the game. Why do we need commercial banks? We have a two-tiered monetary system. Central bank lends into the commercial banks, the commercial banks mark the money up and send,

and lend it out to you. They make money on the Vig and they make money on the Forex. exchange. So it's either a kick in the money. If you take them out of that, you take them out of that game, what do we need commercial base for? Why do they want to, why do you think, why, why is everybody going around thinking that they're going to steal, they're going to bail in all our money? That's what they're going to do in Europe. Guys, I can do it here. We don't have to do it here. It's a lie. Yeah. Have they written it into our laws? Yes. Was it written into our laws by a bunch of fucking DeBogian assholes who are trying to destroy the,

country? Yes. Was that their plan for 2024 if they won the election? Probably. Everybody asked why I smoke so many fucking cigars. Well, okay. So let's let's finish on this. The we know that there are a shit ton of people in a lot of different industries that need to be frog marched put on trial and sent to jail at least. from what you've seen of this of the cabinet that he's picked how likely are we to see that I think we're going to see a lot more than people are bracketing for I think let's start with the easy one Matt Gates was sent out there as chum right he was never going to be attorney general as much as we all wanted him

He's going to be special counsel now. That's what he's saying. And I like that idea. It's clear that he's not going to be senator, and that's fine as well. Because, you know, DeSantis has to get his pounded flesh for what happened during the primary. Okay. But I don't think, I think Gates is best served as assistant AG or special counsel or something on those lines. They thought about this.

And they did a better job of game planning this out than I did. Well, they've had four years to think about this. I'm not this was not the only thing I was thinking about for four years because I didn't know whether we were on a win the election or not so you know um so it's it's just funny like but gates gabbert at DNI I think is the most most interesting of the picks because the DNI the DNI director is a director of national intelligence is a traffic cop between all the intelligence agencies and is the position that um that's the word i'm looking for that coordinates and implements the will of the president from an intelligence perspective right she's in charge

of the president's daily brief and you know and from what i understand having talked to i was talking larry johnson about this i do believe was larry johnson actually and he said of all the presidents that you know um i served you know that i i know people have served under you know people my my friends in the in the in the agency Trump is the only one that actually asked questions everybody knew what George W. Bush wanted and they gave it to him everybody knew what Obama wanted and they gave it to him they give Trump stuff and he would ask questions so this I so

this MSNBC you know John Brennan image of Trump is a disaffected you know jackass just sits on the couch all day watches Fox News drinking Diet Coke screaming at the and tweeting into the into the into the shitstorm is false. Trump is always engaged with his presidential daily brief on intelligence. And he'll have somebody who's there that he trusts to give him the information that he wants, go get the information that he wants,

and not break any bullshit from the underlings who don't give it to her. And I think that that's, I think Tulsi Gabbard is, I mean, just as from a personality perspective, I just think that she's the right person for that job. I think she has the right temperament. I think she has the right outlook. I think her heart's in the right place. I think she's loyal. I think she's conscientious.

But doesn't she have to treat that office different than anyone has since 9-11? Because since 9-11, that's basically like a sinecure. Yeah. Yeah, no, she does. She has to treat that office. Well, it's never, it's only a 20-year-old office. I only created it after 9-11, right? So you can make it anything you want to now because it's only 20 years old, you know,

it really, there's no definition to it, really. Right. There isn't. And she can do with it, whatever she wants to do with it. And I think she does that, and in that respect, if she does, there we go, finally, we get this fucking thing lit. Oh, so sad. All right.

Fuck you, China. You and your substandard friggin Piazos. Like it's awful. Sorry. So three lighters on my desk and no one of my freaking work. My, maybe that's a sign from, you know, whoever like made Trump turn his head. So I think she does. What's that?

Shinsoaabe. So I think she does get to remake that image, that office and whatever image she makes. it to be, I think she being in that position gives a lot of hope to honor junior analysts at all the departments that have been trying to get good information fed up the chain, is sent up the chain of command, and now that there's not the same, it's not going to be the same path to advancement that it was before. Yeah, you got to remember, these are all, these bureaucracies are all vertically integrated. Nobody, everybody is looking for the next promotion, and everybody just wants to do what, you know, whatever they do to get the next promotion. And that next

promotion is, well, tell us what we want to hear about Afghanistan or Syria or this or anything else. You know, don't, don't hand me that shit. That's true. They don't want to hear that. You give me something I can send to them, not that which is true. You get rid of if you, even if you lessen that effect by 25 percent, that would be immense. That would change the foreign policy in the United States going back to how we let off this conversation, which was, you know, they asked about the foreign policy picks in the cabinet. because that's the information that's sending going to be sent to the president,

at which point, people like Marco Rubio are now Trump's bitch. As Secretary of State, he does what the president tells him to do. As senator, he gets to act however the fuck he wants. So little Marco,

here is your middle envelope quotient. It's this tall. People think that that was, people think that was a promotion. Yeah, it was not a problem. promotion. It was clearly not a promotion. Oh, it's lit. And the, um, what about, what are you thinking of RFK being over basically a so many departments being having oversight over more, more of a budget than actually

the military at this point. Mm-hmm. I think it's fascinating. I love it. Are you kidding? I love it. I think it's great. This is what we need. You need people that are going to go in there and they know even if they don't know where the bodies are buried now, if you have the right person directing the departments, then the people who have been cowed into silence or scared to, you know, to do what needs to be done can now step forward. Like we're, I ran across a really great quote by Patton for this month's newsletter this. We're trying to get out the door tonight, actually, I've got done with this call. It says, you know, don't tell people what to do. Show them where to go. And you'll be amazed at

what they come up with. And I think that's the way we should treat this cabinet. Yeah. Yeah. I don't. Yeah. Good. Go ahead. Yeah. When I saw this cabinet, I mean, obviously, there are some picks that, uh, that are immediately concerning because just a lot of what they've said about Israel, especially when you have what Israel is doing right now. You know, everybody's like, oh, you know, peace, they're going to have peace with Hezbollah. Yeah, they're bombing the shit out of Syria right now, too.

That started recently. Then you have the Hamas thing. And then you have the West Bank. And you have Iran hanging over their head. But what this, what all of these what all of these conspiracy well not conspiracy

looking at history and seeing that Trump's cabinet basically did whatever the fuck they wanted and he had no say over it that has to people have to assume that people like Elon Musk and Mark Andreson

and Peter Thiel and all of these billionaires who put their threw in behind Trump because they want to see actual structural change in the way things are done that they're going that they're going to get fucked over in this and the way I look at it is the way they look at it is if they get fucked over in this then 2028 rolls around and a another Joe Biden or Kamala Harris gets elected and they're fucked I mean that what what what what what

what would have happened to them, all they did was by themselves four years. And I don't think that that's what they want. I think that the reason they did all this and the reason why Elon Musk put his basic life on the line to do this and destroyed his reputation in so many circles was because they realized that if there isn't structural change, they have no future. And if there is one thing I learned in libertarianism is that somebody else's self, you can benefit from somebody else's self-interest. Yeah, that's really, I think,

I think that's like the whole thing in a nutshell. Just because you may not like somebody's business or you don't like who they've done business with in the past, they may wind up with the same self-interest that you have. And their self-interest can benefit you. And there's nothing, and there's nothing wrong with that. It doesn't have to be a purity spiral. it doesn't have to be well he didn't do it for the right reasons shut the fuck up who cares

last i checked economists don't care why you did what you did they just know that you did it and that by doing it you preferred to do that over everything else so why don't you take the fucking moralization and the bullshit and once you go stow that somewhere else and why don't you go talk about that with your therapist i do well i mean seriously i'm that's serious i look at some but the shit, I'm like, what the fuck's wrong with you? Like, I ran into this, I ran into this kind of crap with my family all the time. Why did you do X, Y, and Z? Does it matter?

Was it the right thing or the wrong thing to do? What was the right thing to do? But we don't trust your motives. Fuck my motives. That's your problem, not mine. I can tell you my, I can lie to you about my motives. Does it matter? I still did the right thing, didn't I?

Why don't you judge me on my actions as opposed to what you think my actions are? Because you have a problem trusting people. Again, oppositional defiance disorder. And not only that is, and that's in every, that's in every fringe type of edge group. You have people who have that. And not to mention that this all is speculation. Yeah. It's not January 20th yet.

The only thing we have to worry about at this point is, are they going to push Putin to the point where he's going to do something that can't be reversed? Right. And we should be worried about that right now. And unfortunately, they keep opening up abysses in front of us to force us to look down in front of our feet as opposed to looking up at the stars. You know what Musk is trying to get us to look at the stars. He's like throwing rockets in the space and then catching the fucking things. Right? Davos is just telling us, look in front of you. There's a hole in front of you. You better watch out. Why is there a hole there? Well, because we just dug it. Well, fuck you. I don't want to step in your goddamn hole. Well, no, because you can't step in your goddamn hole. And well, no, because you can't step around. You got to step in the hole. No. What's in the hole? What's in the box? What's in the box? You know, seven.

Like, you know, like, this is where we are with these fucking people. Like, they never, it never stops with them. So they put the Hobson's choice in front of us. You know, you don't give us what you want. Don't give us, if you don't give us what we want, we'll burn the world down. No. Because we know that you don't want to rule over a nuclear wasteland. I call your bluff.

I choose to disbelieve. I have my, here's my D&D metaphor again. I choose to disbelieve your bullshit. I got a, I got a 20-sided die on my hand, and my 20-sided die only rolls natural 20s. There are no ones on that die. Just natural 20s. Fuck you, I just believe.

Like, that's it. It's all you got to do, folks. Get past the learned helplessness. Because that's what it is. It's learned helplessness. It's all it is. Be a little ungovernable. Be a dickhead.

Laugh at these people and threaten to give them wedgies. It's like their head in the fucking longer. Do whatever you have to do. I don't look at these people like they're, you know, it's like, you know, as much as I talk about Jewish power and A-PAC and stuff like that, I don't think that they control everything. If I thought they controlled everything, if I thought they even influenced everything,

I'd be a bigger Zionist than Benjamin Netanyahu because I'd see them as superheroes. Right. Right. I mean, obviously. but they they they they they put it out there like they're omnipotent and that you're supposed to believe all this shit and that's those nonsense like it's just nonsense like they had a they had a significant portion of the population as of you know October believing that they could they could make hurricanes with lasers from space and then we didn't go to the moon like I'm sorry I don't believe I choose to

I choose to believe we went to the moon. It doesn't matter if we, it doesn't matter if we went or not. I, I can believe that we went to the moon and still, and, and still had Stanley Cooper film, film the guys bouncing around for the PR purposes, for PR purposes. I can believe that. I had no problem. And you know what?

And you know what? It was, it was nice middle class white guys who got us there. Not for, not for black, not for black women. Not for, not for black women. Didn't you think about what? Actually, you think about what the subtext of, we didn't go to the moon really is about. And you just hit on that part of it.

Yeah, middle class white guys with pocket protectors and slide rules. Okay? This is, I mean, these, I've said this before. Like, has anybody ever really like watch? Go watch a one hour documentary on the making of the SR 71 Blackbird.

And then tell us we didn't go to the fucking moon. Like, fuck you. tell us we didn't go to the moon that fucking plane barely takes off for Christ's sake because it's the way it has to like it's insane the engineering of that of that that that plane and tell me we didn't go to the moon like the moon is easy in comparison hard part is just getting the shit and thing up in the air the rest of it's just math what about the van allen bell savannah just the beta radiation like look at you my skin oils get you know like dude it's just electrons it's like it's not even the

Like a little knowledge Turns into a big thing And even if they did irradiate these men Even if they did send them out there And give them cancer and everything else They went up there willingly to do it They could still do it You know something

And those guys were such fucking assholes That they would have gone Knowing the risk Because that's who they were Because those were supermen And we have to tear that down We have to tear down human achievement. Whose agendas does that fit? We have to tear down everything beautiful. We have tear down all the churches. We have to blow up all the cathedrals. We have to let the Jews bomb a thousand-year-old frigging

neighborhoods in Lebanon and Palestine. We have to we have to let the vandals run around France blowing up fucking churches. They did they burn fucking Notre Dame to the fucking ground. Get with the fucking program. Plus that's your headgear, new guy, do you think we waste hooks for freedom? Come on. I'm sorry, fuck you. We went to the moon. We went to the moon. Perfect thing to end on. You have a newsletter to write, and we also have Thanksgiving to get ready for.

So tell everybody where they can find your work. As always, you can follow me at my blog at tomolwilwaguer.m, or goldgoats and guns.com. You can follow me on Twitter with the worst version of me. We'll show up every day, worse than this one. and you can sign up for the Patreon, a Patreon slash Gold Goats and Guns. We do the newsletter. We do twice weekly market reports,

private podcasts, and all the rest of it. And we have a private discussion server for anybody who, and if you think I'm bad, you should talk, you should see those people. Oh my God. Thanks, Tom. Appreciate it. Thanks, Pete.