Fed Reserve BIG day + Iran Deal Friday? | ZFS 83

Two big things are happening in the next 48 hours and I want you to know what to listen for so you can make smart decisions with your money.

Tomorrow at 2 p.m. eastern Kevin takes the podium for his very first Federal Reserve meeting as chairman. This is the man Trump appointed, whose wife's father is Ron Lauder, who attended a Boris Epstein Christmas party in 2010 where Jeffrey Epstein was a neighbor and guest. Am I supposed to just be okay with that? Because I am not sure I am. Either way he is walking into a quagmire that Jerome Powell handed off to him. Inflation is up. The job market is struggling. Lowering rates helps jobs but fuels inflation. Raising rates fights inflation but hurts jobs. There is no clean move. I am going to walk you through the three things I think we should listen for tomorrow including whether he hints at full quantitative easing coming back and what the Cantillon effect means for your assets right now.

Then on Friday there is a memorandum of understanding being signed in Geneva between the US, Iran, and Pakistani mediators. JD Vance is expected to sign on behalf of America. Trump may be present. The terms include $24 billion in frozen Iranian assets being released, $300 billion in reconstruction aid, full withdrawal of US forces from around Iran, and Iran taking joint control of the Strait of Hormuz with Oman and charging a maritime services fee. Trump said in a tweet the 300 billion was fake news and accidentally said 300 million instead of 300 billion. The deal is real and the terms are not a win for America. I will walk you through exactly why.

I also close with the real reason I do not think this 60 day ceasefire leads to a lasting peace. Same reason I have given for two months. Israel does not want it to end.

And Bo is still alive. We have seen him three times on the trail camera. The cage is set with fried chicken. We are going to get him back.

Transcript

SPEAKER_02 0:00

Welcome in to episode number 83 of the Zach Fowl Show. Today we have uh the beginning of a two-day period of the Federal Reserve's June meeting, the FOMC meeting, and the first meeting with the charge of Kevin Walsh, son-in-law of Ron Lauder, appointed by Donald Trump, I believe early in January, it was talked about. And then by the time March rolled around, it was official. So we do have a new Federal Reserve chairman, and his name is Kevin Walsh. All while he's coming in at a pretty peculiar time. He's coming in at a pretty odd time frame with the Iran War, the Iran War, I should say. The Iran war is maybe over, maybe not, but his words tomorrow are gonna have everything. There we go, Michael. Now I know we're working. What's up, brother? How are you doing, friend? Thanks for jumping in and being the first comment on the live. I do have the comments in front of me, baby. So again, Federal Reserve tomorrow, as well as an Iran deal that is on the table for Friday. I want to walk through both of those so that you potentially know what's going to happen in the economy based off that Federal Reserve meeting and whether or not you should make moves with your money because of this Iran war. We're gonna talk money today. I'm not a financial advisor. I'm not a financial advisor, but I'm gonna tell you what I'm doing with my money. I want to hear other smart people doing with their money and what they're looking for. What are we looking for to make decisions about where we put our money, assets, diversification, all that? But first things first, I want to hear what you're grateful for this morning. Tell me something you're grateful for in the comments section. What's up, Bo? I am grateful today. We have a pool party. Me and my daughter are going to our real estate team's pool party. Gonna be a fun one. Gonna be grilled chicken and lots of salad. I love a good pool party meal. Am I the only one that like really likes pool party food? It's like summery and it's not too hot and it's light. It never makes my stomach feel like it's overly full until you start eating like a bunch of hot dogs hamburgers. But that's more like barbecue. I'm talking like pool party vibes. Fruit tray, little Caesar salad. I really love it. I really love it. Good morning from Montana. Good morning from Delaware. I need my wages to go up in general, Punk Pirate says. I hear you. Andrew says, I'm grateful to harvest vegetables for my customers this morning. Hell yeah, brother. I got to harvest some cucumbers from my own garden this morning. Isn't that so dope? Just getting your getting your your food out of the garden. How like empowering is that? For those listening that have not started their garden, highly suggest. Okay, let's get into this. So tomorrow, June 17th at 1 p.m., Kevin Warsh will go live with the Federal Reserve. Oh, I'm sorry, 2 p.m. 1 p.m. Central. 2 p.m. Eastern. We'll be going live with the Federal Reserve to discuss what's going to happen with rates. And this is already a foregone conclusion. Okay. One thing is already a foregone conclusion, but here's what we need to listen for. The foregone conclusion is the Federal Reserve is more than likely not going to move rates. It's probably not going to raise rates. It's probably not going to lower rates. Why? Well, typically, you would raise the federal interest rate, the Fed rate, whenever the economy is hot. Okay. When inflation is going up, when the job market's going swimmingly, you typically will raise the rate to curtail the heat of the economy. Okay. When things are on fire, rates typically go higher. Okay. When things are on fire, rates go higher. Rates typically go lower when things aren't doing as well. The rate comes down to facilitate more credit creation, more jobs, more assets get going up in value. So when rates are going down, as many people want rates to go down, we want mortgage rates to go down. I don't want to pay 8% on a mortgage. And the Federate does have a lot to do with the short-term interest rate that'll weigh into the bond market, 30-year yields, 30-year mortgages, I should say. It's probably not going to happen this year. In fact, I think that what we're going to hear tomorrow, and this is the thing that I think that we could listen out for I think they're going to raise rates this year. Personally, I think they're going to raise rates. Why? Well, a couple things. A, we have this Iran thing. We got this Iran thing. And if we know anything about war, wars are inflationary. So if we are sitting in an inflationary period, all while the job market is struggling, well, now we're in a catch 22. And this is why I'm really interested to hear what Kevin's going to say at his first Federal Reserve meeting tomorrow, June 19th, because he is facing a quagmire that was passed off to him by Jerome Powell, the former Federal Reserve Chairman, who I do believe is staying on the board. I believe Jerome Powell's staying on the board of governors for a time. So Jerome's not gone, to my understanding. I could be wrong on that, but last I heard he's staying. He's in a quagmire. What do you do in a scenario where if you lower rates, because the job market's struggling, hear me, guys. I want you to put yourself in Kevin Warser's position walking into tomorrow's meeting so we can understand where he's at and this quagmire he is in. If he were to lower rates, that would signal that he is worried about the job market more so than he is inflation. Why? Because if you were to lower the rit the rate, that's gonna create more credit, create more job creation, ultimately, hopefully helping the job market. But the catch 22, catch 22, which I don't know what that phrase even means. What's catch 22? Where did that phrase come from? What does catch 22 even mean? It's like when people say happy as a clam. I don't know what that means. I'm gonna keep saying it, but I don't know what it means.

SPEAKER_01 6:37

The catch 22 is that if he were to lower rates, that's going to lead into inflation.

SPEAKER_02 6:47

Because when there's more money and more credit in the system, more money flows into more assets, assets go up in value, inflation. And we're already seeing that inflation in the PPI index, in the CPI index, largely because of this war. So if he were to raise the rates, that would signal that he's fighting inflation, that he wants to see inflation tampered down, he sees it as a long-term threat, he doesn't see it as this word called transitory, which means it will go away when the war is done. He thinks it's here to stay, and he's fighting it. And that's ultimately where I think he's gonna land in the long run through 2026. But as of this meeting, as I said, I think the writing is already on the wall that there will be no change. I think Calci has it as a 98%, as much as we can rely on this stupid app of Calci. So here's where we're at. We're in a juxtaposition where the Federal Reserve really can't make a good call. Because again, if he were to lower rates, that would help the job market hurt inflation. If he were to raise rates, that would hurt inflation, help the job market. So what are you to do? Well, here are the three things I've written down that I think we should listen for. And I am gonna go live tomorrow during the Federal Reserve meeting. So if you want to tune in for that, I will be watching it live. I'll be taking notes and I'll give you a debrief when it is done. We will post that on our podcast as well for those listening that can't catch it live. There are three things that I want to hear from Kevin Walsh. Number one, I want to hear if he's gonna come up as dovish or hawkish in terms of the future of this economy. What's dovish and hawkish? That is basically the same as bull and bearish. Is he viewing things in a lighter tone? Things are good, things are fine, things are gonna be great moving forward. That's more dovish. And then on the other side, the hawkish side, this is uh not a hundred percent sure. We may have to do X and Y. It's it's gonna be about his speaking style. It's gonna be about the words he chooses, the sentences he frames, his tonality. And markets will move. Markets will move dramatically tomorrow. I'm telling you right now, markets will move dramatically simply based off of his tonality. Isn't that crazy? Billions of dollars across worldwide markets are going to maneuver themselves based off sentiment from a man who just started this position utilizing numbers that aren't even accurate. We've done plenty of shows on the inflation rate and how it's not properly tracking inflation as the Federal Reserve tracks inflation since 2020. Get this. You might not know this. Do you know what the Federal Reserve is tracking inflation to be since the beginning of 2020? It's about 36%. Do you feel like prices have only gone up 36% since COVID? Just say it in the chat real quick. Do you think that, just yes or no, do you think that it is honestly only been 36%, that your $3 item is now $4, that the $300,000 home is now merely only $400,000, or is that home that was $300,000 now $450? $500,000? $550? Is that grocery cart that you used to have that was $125,000, now $230? I think a lot of people feel a deeper level of inflation. So again, numbers aren't accurate. And then the job numbers. They're utilizing inflation that is wrong. And the U3 unemployment is the headline unemployment number that they get from the Bureau of Labor Statistics. And do you know how they're getting that number? They're getting it mainly from phone calls. Most people think they're utilizing like unemployment claim offices, like what's your numbers? You know, they're utilizing, they're contacting corporations. Hey, how many layoffs did you have this month? Hey, can we get your payroll information to see the difference between now versus last? None of that. None of that. None of that factors in the U3. Okay, the unemployment numbers, the inflation numbers aren't accurate. Okay, they just aren't accurate. We'll leave it there. And billions of dollars will move in the economy based off of the words that are used and the sentiment that is chosen by a rookie Federal Reserve chairman off numbers that aren't accurate. Just to be clear on where I stand on the Federal Reserve. Because I'll be honest, I'll talk about the Federal Reserve and people will get mad at me. People get mad at me like Zach, that's the Jekyll Island crew. That's just a billionaire mechanism to take money from the normal everyday people and funnel it up. Yes. Zach, this whole system is rigged for the elite billionaires to be able to gain more assets, all while the middle class is structured into labor slavery. Yes. But the markets are still going to move, and there are people like myself that do have investments that we want to make sure are in the right places. And we want to make sure that we know what the forefront economy is going to look like. There's a lot of questions between AI, automation, and this war. So the first thing I want to know is whether or not he's going to be dovish or hawkish. The next thing I want to hear him say is I want to hear his take on inflation. I mentioned earlier this word transitory. So transitory inflation was something that was brought up by Jerome Powell when he was at the Federal Reserve during the COVID era. And transitory inflation was the wording he would use to basically say, hey, the inflation's here, but we don't think it's gonna stick around. We think this is gonna transition out as X and Y happens. And this isn't gonna be a big worry for very long. He started using that word in late 2020, used that word in 2021, used that word in 2022, he used that word in 2023. Did the inflation stick around or did it not? It stuck around. And we are going through another bout of inflation at this moment that has everything to do with this war. All right, everything to do with this war. We were no, we were no stranger to inflation before the war started, just to be very, very, very clear. The war had inflation before it, too, but it was on its way down. It was actually on its way down. It was it was curving downward all the way up until December. January kind of stagnated, February kind of stagnated, and then March, we start to see the effects of the war take place. We start to see PPI go up, and then a couple months later, we just saw CPI in the 4% and PPI at 6.5%. So, what will be Kevin Walsh's word of choice in describing this current inflation? Will he address it as something that is here to stay, that needs to be addressed, potentially rate hikes in the future? Or is Kevin Walsh all in on this Friday deal that is going to eliminate any need for concern? Which, by the way, can I just get a quick, quick vibe in the chat? One for yes, two for no. Do you think this war is over on Friday? Do you think that the the and of course there's still a 60-day negotiation period after Friday, but do you believe that we're on the off ramp, the exit ramp towards the end of this war as of Friday? One for yes, two for no.

SPEAKER_00 14:48

One for yes, two for no. Michael Sumo Bear Dungeonator. I see you, baby.

SPEAKER_02 14:58

Thanks for jumping in on the first live redoing of the podcast, by the way. If you're listening in or want to listen in to the live in the future, we are doing this over on YouTube exclusively at the moment. We will be doing this across all platforms in the mornings throughout the weekdays for those that want to tune in across platforms. That will eventually be TikTok, Instagram, Kick, Twitch, Facebook, and as of right now, YouTube. So it says, based off the chat, everybody is too, except for Bear, who says if Israel wasn't part of the deal, one, but otherwise, no. Bear, I completely agree. And we'll get into that in the second part of this show when we talk about the Iran war. We're gonna go into that. But what is going to be his take on inflation? I'm very, very, very curious. What are gonna be his thoughts? Because if we have any past history to go off of, and we do, by the way, do you know Kevin Warsh used to work for the Fed? This isn't his first rodeo. Not even close to his first rodeo. In fact, during his first rodeo, he was so high up in the echelon of finance that he got sent off to an island for a party for Christmas. Now we don't, you know, my good friend, my good friend, good buddy. I've talked to him about him a lot. Um, I have a lot of respect for him. He was in a similar situation, very high up in the financial space, really doing well, making lots of money, making lots of people happy in the banking world. And he got to this point where he was invited to an island in or around Christmas. It was 2012. And he got to uh go out to this island, he got to bring his family, got to bring his kids, brought another couple, and he got to meet with with the powers that be in the financials because he was just doing so well. Kevin Walsh did too. By the way, 2012, a good friend of mine, you might know him, his name is Howard, Howard Lutnick. Howard Lutnick, you know, lied and said he'd never met after one time, how uh Mr. Jeffrey Epstein, his neighbor, ended up going to spend Christmas with him in 2012. Kevin Walsh got to go to a St. Barthes Epstein Christmas party with his wife in 2010.

SPEAKER_01 17:22

Am I supposed to be okay, pause. Am I supposed to just be okay with that?

SPEAKER_02 17:33

Am I supposed to just be okay with a man directly associated with the most prominent child sex trafficker, weapons trafficker, transhumanist that's ever been publicized? And our next leader of the rain, the next person who's gonna have the reins to our central banking system went to party with him?

SPEAKER_01 18:02

Oh, and by the way, his wife, Kevin Horsh's wife, her dad's Ron Lauder.

SPEAKER_02 18:08

Ron Lauder, big tightness, lots of tightness financially, and just friend-wise. Got lunches together, did business together, art together. You know Estee Lauder, the the cosmetics brand, the cosmetics brand, the one that owns 9% of the cosmetic beauty brand worldwide? Lauder. Ron Lauder, Epstein billionaire, son-in-law, Kevin Walsh in charge of the Federal Reserve. Am I not supposed to be concerned with that? Am I supposed to just let that uh let that just just let it let it fly away? That's what I'm supposed to do. Just whatever. I'm supposed to do that with Howard Ludnick. I'm supposed to do that with Jared Kushner, I'm supposed to do that with all of these individuals that were of direct association with him. So I guess I'm supposed to do that with Kevin Walsh. Okay. I'm curious if he's gonna be dovish or hawkish. Number two, what's gonna be his take on inflation? And number three, will there be hints of QE? What is QE? QE is quantitative easing. Quantitative easing is the Federal Reserve's tool set that they created in 2008 in the wake of the great financial crisis to print money, essentially, and utilize it to buy bonds off the market from other uh institutional banks, big commercial banks. Um this is money printing, it's monetary base expansion, and it leads toward a weaker dollar and assets accumulating in value. In fact, there's a fantastic economist, historic economist from the early 1700s. You should look this guy up. His name was Richard Cantillon. Uh C-A-N-T-I-L-L-O-N. Richard spelled like Richard. Maybe they called him Dick. Dick Cantillon came up with the Canton effect, which stated that anytime you add money to the monetary base without adding any more people or adding any more value to that system, just adding money to it, then only three people benefit. Those three people are banks, governments, and asset holders. So for those of you that have held an asset, raise your hand if you've held any kind of asset since 2008. You'll know that you're a direct beneficiary of the Canteon effect. And if you're sitting here in 2026 not owning an asset, and you're wondering why is housing, why is gold, why are stocks, why is everything so expensive? The Canteon effect.

SPEAKER_00 20:52

When we print money, dollar gets weaker, assets go up in value, boom, bam, pop. That's just how it goes. That's just how it goes.

SPEAKER_02 21:02

So let's go into QE because I want to know if he's gonna hint at QE. Now, if he is not fully bought in on the Iran war being done on Friday, I think we're gonna hear it from him tomorrow. And again, this is where sentiment comes into play because there's a lot of PR that goes into these meetings. It's very scripted, it's very well thought out, the words are chosen properly. They have their little beige book they put out that's very properly worded, it's very carefully worded because they know the power they have. They know billions of dollars get moved internationally based off of these meetings. So they're very careful, as they should be. But it kind of gets fun as I've watched these for wow, six years now. I'm a nerd. Jesus Christ, when do I get a badge? It's kind of fun to try. Try to read through the lines a bit. And we've been doing that here on the show. That's why we were able to accurately predict that they were going to start printing money again back in December through reserve management. It's how we were able to predict the movement of gold a year and a half ago. It's we're basing it off of reading through the lines a lot of what the Federal Reserve is doing. So will there be hints of QE? My initial gut instinct is no. It's no. But what kind of wording could we hear from him that may suggest that it's in the forefront? That the money printer is getting warmed. They're getting the oil in it, they're getting it pumped up, they're greasing up the wheels. And by the way, they're already printing money. They're already printing money through reserve management. You can look this up. December Federal Reserve, reserve management. And you'll see that we have been purchasing bonds, short-term T bills are what they're called since December. $25 billion a month. $25 billion a month. So as of right now, we're closing in on a hundred billion dollars that has been printed into the economy via the Federal Reserve through what's known as reserve management. But will classic QE come back? And you may be thinking, what's the difference between reserve management and QE? Simple. A, the Federal Reserve makes the definition. That's the first one. Both are money printing. The first one, uh, QE, is typically when you're buying long-term bonds and assets, mortgage-backed securities, 5, 10, 20, 30 year bonds, things that are going to be held for a while. Whereas reserve management, something brand new, again defined by the Federal Reserve, that started in December of 2025, they're buying T bills. And these are bills that are a year or less in their maturity date. So if you actually go into the Federal Reserve's website and you look at the reserve management schedule, uh, you can look at their asset purchase schedule. And if you look, you'll see that a lot of what they're buying are bonds that expire in three months, four months, six months, three months, eight months. There's nothing they're holding that's long term. So it's gonna roll over quickly. It's more like, in my opinion, a band-aid. Like payday loaning, our economy. It's kind of just keeping it along. It's keeping liquidity in the system because they did start this. If you remember back in uh October and November, we were going through some liquidity issues. We started to see the reverse a repo market start to uh, or I'm sorry, the standing repo facility start to spike up. And so when liquidity enters the system, they try to quell the problem. But it again, it seems more like a band-aid. Seems more like a band-aid. Is that is that making sense? Seems more like a band-aid. So will he hint at QE a more long-term fix from the Q uh from the Federal Reserve perspective? Again, I don't think so. But if he were to be hinting at it, I would hear things like maybe a sentence like, we have the tools at our disposal to fix the bond market. Or the tools at the Federal Reserve are all being considered in our future economy, or um, if bond rates remain a concern, intervention at one point may be necessary. That would be pretty extreme and pretty obvious, but we're gonna see. Does he hint at it? I want to know is he dovish or hawkish? I want to know what his take is on inflation, and I want to know if he's gonna hint at QE. And back to number two before switching to the Iran War. He's worked at the Fed before. He worked there from 2006 to 2011. He was there during the great financial crisis. This is gonna sound crazy to you. This is gonna sound nuts. So this is who we're this is who's the Federal Reserve Chairman right now. Now, it's been more than a decade, decade and a half, so maybe his thought process has changed. But there was this crazy quote that came out of him in the wake of the great financial crisis, as he is on the board of governors, not the chairman, that was Ben Bernanke. The board of governors for the Federal Reserve, he was quoted as saying, now this is when the unemployment rate was 10%. He was quoted as saying that he still views inflation as a problem and it needs to be fought. Lightly quoted. But he wanted to fight inflation. He's been an inflation hawk his whole career. His whole career, he wants to fight inflation. He's talked about he wants to do reverse QE, quantitative tightening, in the future. He's a humongous anti-inflation guy to the point where even when the job market was plus 10% in unemployment, he was still focused on inflation. And the Federal Reserve's job basically is inflation and the job market. They want to create maximum employment and keep prices stable for you and I. Meanwhile, when the job market was far from stable, my guy was over here like, yeah, but what about this 1.3% inflation? Like dog priorities, priorities. And maybe that's an inkling of what his priorities will be when he's the chairman of the Federal Reserve. Check in right now if you're on the live on YouTube. I want to know where you're at. I want to know where you're at. Check in. And if you're listening to this in the recording, put in the comments section. I've been curious about this. What state are you from? What state are you from? Are you from uh Delaware, like myself? You from a different country? I'm very curious where we all lay. I'm very curious. Zombie Gunner coming in from Twitch, my guy. Love Zombie. That's my boy. How you doing, brother? How are you doing, brother? Coming in from Twitch, which we're live on as well. Okay, so that's our Federal Reserve meeting coming up. We have a few things that we're looking for with the new chairman, Kevin Warsh, but he has a lot to balance right now. Uh inflation sits at 4.2% for the CPI index. PPI sits at 6.5%. Uh the stock market sits at all-time highs. Oil per barrel still sits in that 80 range. We're not down to pre-war levels quite yet, but it has started to drop based off the thought process of a deal. So let's talk about it. Friday's coming up. Will there be a deal signed? And is it going to be a win for America? Will there be a deal signed? And will it be a win for America? And then one last bonus question that I'll say for the end. One last little mystery mouse cool. Okay. So A, Friday we have apparently a signing that is going to be happening in Geneva. The Geneva Convention is going to be going on, and in Geneva, they're going to apparently sign a deal that would allow for the ending of all firing between America and Iran. This deal does not include Israel. Israel's made it very, very, very, very, very, very, very clear that they are not a part of this deal. In fact, Ben Grevere and What's up, baby, and Benjamin Netanyahu both have stated Israel will continue to fight the Iranian-backed Hezbollah forces in Lebanon. Donald Trump yesterday did come out and say they have to stop. BB can't keep doing this. You can't keep bombing apartment buildings. You can't keep bombing streets and blaming Hezbollah. And frankly, that's one of the few things I've heard Trump say. I'm like, yeah, thank you. Yeah, absolutely. You can't, you can't keep bombing apartment buildings and schools and doctors' offices and nurses and claim that you're bombing terrorists. But isn't that what they did alter Gaza? Isn't that what they've been doing for years? And just now you're finally stepping up and saying, you know what? They probably shouldn't be doing it that way. Welcome to the show, brother. He's also multiple times asked Bibi Nanyahu to stop this bombing, and nothing's actually stopped. He said to not bomb Syria last year, they did. Said not to bomb Damascus, and then he did. Said originally not to bomb Iran, then then he did, and then drug us into Operation Midnight Hammer. And then, of course, we get into this war multiple times. He said, please stop bombing Lebanon in April, May, June. And guess who's continually getting bombed? And now has a whole operation called Operation Airs of Fire to destroy the Hezbollah terrorists in Iran by bombing the shit out of Beirut and killing thousands of civilians. The same people. So I don't think that pattern ends. So here's what I think. So two things. Will this deal on Friday happen? Yes, I do think they're actually going to sign a deal. I do think at this point they're going to sign a deal. It does seem through Iranian media, Pakistani media who's running the uh negotiations, and American media that there is an agreement that is on the table. Now, have the details of that agreement been given by American media yet? No. Have Iranian and Pakistani media released it? Yes. And what they're saying is a part of this deal versus what we are saying is a part of this deal are still completely different. So that's concerning. It's concerning. Just concerning. Why, why are either A we not verifying what's coming out of their media platforms, or B, why would one of the two parties be lying about the deal that is on the table? I think there's a lot of conjecture we could get into there. But I do think a deal gets signed. Ultimately, I do think that what's being said, as the Iranian side of the media said, I should say, is probably going to end up being the actual terms of the agreement. I'll read those out for you. So the terms of the agreement that we're seeing is A, the strait is open. Yay. But the strait is open with Iran and Oman holding control over the Persian Gulf, holding control over that strait. Uh they're already launching what's known as the Persian Gulf Authority, which is not a toll, but it is a toll. It's the way they've gotten around the word toll. It's going to be maritime services, defense, insurance, transport safely through the Strait of Hormuz by Iran and Oman. And they will charge a fee necessary to be able to do that. So that is a part of the agreement coming out of the Iranian side. The other one is $24 billion in unfrozen assets. Now, this is one that I think gets a little bit overscrinized. Um, I've seen a lot of people talk about like, why are we giving them any money? Why are we releasing any of their frozen assets? Well, let's play devil's advocate. Um, A, it's not even our money, it's their money. It's money that we froze anywhere between, I think the first freezing was 19, it was the late 70s. I think it was 1979, it was the first freezing of assets. We've had their assets frozen to the tune of billions for decades. And what happens is when that money enters our system through some form of trade from Iran, we then just basically take it hostage. It sits in an account. Technically, we're not supposed to be utilizing it or touching it. I don't know if that's true. I don't know. Maybe we're leveraging some gold with it. I don't know. But but technically, we're not supposed to be utilizing it, supposed to be sitting barren in just like a savings account waiting for whenever or if we release it. Okay. So it's not our money. It's stolen money. Is it stolen and held hostage for a purpose? Sure. Absolutely. We do it to withhold them from economic growth. We do it to keep them from being able to trade. Uh, we do it for a lot of reasons to withhold their economy from being able to basically survive independently, which is very purposeful, by the way. Very purposeful. Then you can get into like where are the Rothschild central banks and all that, but that's getting tinfoily. I'm not a big I don't I don't really care about the 24 bill. Yes, of course, do we have any uh oversight as to how they're gonna use that money? No. Could they use it toward rebuilding their infrastructure? Sure. Could they also use it to build more missiles? Yeah. I mean, how are we gonna oversee that? I'm not 100% sure. And to the people that I've heard say, well, Zach, a part of this deal says that they're gonna re-up their their commitment to not create a nuclear weapon, they've committed to that before. Doesn't mean we trust it, and we we bombed all the nuclear sites back in June. Doesn't necessarily mean we trust that that's gonna be the case. So words, ah I don't know. I don't know. I don't just trust the words. So $24 billion in unfrozen assets. Again, that's not even our money. And opening of the Strait of Four Moons. The next is probably the most controversial, the next two. One removal of all forces from in or around Iran. Removal of all of our forces and bases. Huh? That's a huge one. I mean, I know a lot of people talking about the money, and we'll get into the 300 bill as well. That's a humongous one. And honestly, one of my favorites. As an army vet, I served in the National Guard, ended up going active, and I served about four and a half years in total, went overseas, did the thing in Afghanistan, protected the poppy fields, yay, America, red, white, and blue. Um, we spend a lot of money on the hundreds of bases that we have across the world to ensure that we have presence, to ensure we have defense, we got to keep them staffed, we got to keep them armed, we got to keep them secure, we got to keep up communication systems, we got to give them supplies, we got planes going in and out, we got airstrips, helicopter pads, we got uh battles because people will attack those bases because we're in their land. I was there, I saw it, it happens still to this day. That's a huge one. One I'm not seeing any of American media talk about, and if true, I guess I see the pro to it. I see the pro to it. As like our budget would curl back a little bit. We're not spending as much on the military-industrial complex, but uh we're gonna do that, it just doesn't seem like something America will do.

SPEAKER_00 36:49

Am I wrong in thinking that? Am I wrong in thinking that? I just don't think that's what they would do. I would simply think that they're going to stay there. We've always been there.

SPEAKER_02 37:06

Asking us to leave is a huge undertaking. Number four. We will be raising for them, apparently. Three hundred billion dollars in straight up cash to get utilized toward the rebuilding of their infrastructure. Three hundred billion dollars. This is one that the American media is not even coming close to touching. Trump and Vance have said no money is a part of the deal. In fact, Trump said in a tweet, he said, the Democrats keep leaking a story about 300 million going to Iran. Fake news. And everybody got on him because he said 300 million, and the number's actually 300 billion. And it seems like that is a part of the deal. And if it isn't, well, then again, I come into this. We're on two different sheets of music because Iranian media, Pakistani negotiators, and everyone else seems to be on the same page. Drop site news is reporting it, multiple sources reporting it that this 300 billion is legit. It's just a matter of where it's going to come from. We've seen maybe it's getting raised between us and our allies, could be taxpayer money, could be a whole slew of things. But 300 billion seems to absolutely be on the table, as well as maritime transport through the Strait of Hormuz, $24 billion in unfrozen assets over a given period of time, seems like $3 billion to get things started, and then $24 after the end of the 60-day ceasefire agreement. And then $300 billion toward infrastructure. All these things together, uh A, I just don't think will happen. So I'm still cautious about whether or not this deal will last even more than a week after the signing on Friday because I don't see the terms of the agreement lining up with what we've stated we want. And if it ends up that we are going forth with these things that I've just mentioned, then we lost the war.

SPEAKER_00 39:12

Can anyone offer me a different argument? See a drug donator. Can anyone offer me a different argument?

SPEAKER_02 39:19

If we are giving up $300 billion in money, we're releasing the hostage money that we had over them, we have to resort to leaving the area and basically surrendering all the bases we have in the area, send all the troops home, bring all the equipment home, and also allow them to basically be the security guard that charges a fee for being said security guard in the Strait of Hormuz, which by the way was open in free waters before this war began. That's a loss for America. I don't I'm as a I'm as American as Apple Pie, but that is a loss for America. I don't want to sit here and be like, I fucking hate America, I'm going to Italy. Maybe one day, but that's a loss for us. I don't, I don't see how how any of that works. How any of that works. Someone said, can we pull out with no deal? No, we can't. We can't because the Strait of Hormoes would remain closed and or under the control of Iranian forces. And secondarily, to the Republican side of the argument behind this entire war, which I have not brought up yet, is if we were to just leave now, we're not getting rid of their nukes. We're not getting rid of all their enriched uranium. So that would be the biggest loss of all losses to the Fox News associates in the room. Uh but the other four that I just mentioned, though those are gigantic pieces on the negotiating table to make sure that this war ends. And let's bring up the last point. This is gonna be a short one today. Hope you have a good one. I have a pool party today. And for those that have asked, I received several DMs about this. I'm gonna give something sad here in a moment. So prepare your your sad emotions. Uh, I mentioned on the last podcast or two uh that our dog was missing and I had to leave to go look for him. We have not found him. Uh Bo is still loose somewhere in Camden, Delaware. He is a uh short little frizzy haired black and white puppy, comes up to about mid-size on your calf if you happen to be in the area. But we do have uh a team that actually helps find dogs that are lost. I didn't know that was a thing. And we have a cage set up, it's got like a sensor on it, so it'll shut. We got like fried chicken, and you had mentioned the fried chicken. Joe brought up the fried chicken. We got the fried chicken and a bunch of other things in there, water and a trail cam. And we've seen him three times on the trail camera. He just has not set up the trap. So he's alive, he is there, and we're gonna get him. People wanted updates. Let's get into the reason I don't think that this deal goes through. So the reason I don't think this deal goes through actually has nothing to do with the terms, right? Has nothing to do, it's Bo with B-E-A-U. B-E-A-U. But if you say the word Bo to him, I'm pretty sure he'll come regardless of how you spell it. The war, in my opinion, isn't going to not going to end because of negotiating terms. To be frank, I I think these are the terms, and America is just holding their cards close to their vest until it's finally time to sign the deal, and then they're just gonna brand it as a win because we stopped them from getting nukes, and we're gonna ignore all the other terms. Will there be some negotiation around who oversees the straight or how much actual money it is, or over what period of time, or where it comes from? Sure. Sure. But I think this war doesn't end for the same war, same reason I said the war wouldn't end last week, same reason I gave last month, same reason I gave two months ago, same reason I gave the very beginning of this war when we started it on Israel's behest. The reason this war, in my opinion, is not close to an end is because of Israel. You anti-Semitic. No, listen, listen. The reason I think the war won't end is because Israel is bombing Lebanon. And because Israel's bombing Lebanon, one of the countries that Iran needs protected, they are included in the ceasefire. As long as Bibi keeps doing that, as long as the IDF and everybody keeps bombing the Hezbollah terrorists by bombing apartment buildings in Beirut. I I got news for you. I don't think that Iran's gonna sign a deal. It's like it's like Bibi Netanyahu's are our rabid dog that we can't control. We got him on a leash, but he keeps trying to bite people. We we here's the thing if Israel is The reason that we cannot sign this deal. This deal that again, I think would be a loss for America, but a win in regards to getting out of this stupid war, stop the inflation, get oil prices back down, get energy back under control, somehow figure out the food market before things inflate or we go through some kind of famine because fertilizer is being stopped out of the strait. That's a win. But the negotiation terms for America, a loss. But overall ending, a win. I'll give it that. If Israel and Bibi Nanyahu are the reason we can't end this war, we need to stop all funding to Israel immediately. Because they are signaling a form of opposition toward us by not adhering to the negotiations we're going through, the peace process we're going through. And if they're going to act like they're completely independent of what we want, well, guess what? You don't get our welfare. You don't get our weaponry. You don't get us funding your Golden Dome or supporting you in every way, shape, and form politically, to the point where Trump's like, I have a 99% approval rate in Israel. Right now you don't. Because if you look at a lot of what Israel is saying and what a lot of the Zionist war hawks are saying, they hate that this war is coming to an end. They hate that we stopped early. They think we don't have the stomach for war. That's a literal article out of the Jerusalem Post. America no longer has the stomach for war. There's leaked group chats, there's media outlets all talking about the same thing. America no longer has our back. Well, guess what? We shouldn't have yours then if you feel that way. That's how I feel about it. And I don't think that's ever gonna happen. Just to be clear, not making some prediction that sometime over this summer we're gonna say we're no longer funding Israel, and we're now gonna put our money toward domestic endeavors and improving our infrastructure. We want to make sure you can afford healthcare and a home. I don't think that's gonna happen. I wish it would, but I don't think it will. We just spent $70 billion on a war. We're gonna be raising another $300 billion potentially to end it. All while nobody can afford housing, health care, childcare, electric bills, gas at the pump. Though going down could spike up for a time as we get the supply back in tune, as we get the uh exporting and importing of all of these barrels of oil back and running. That's not going to happen immediately. I want the war done just like everybody else listening to this. I don't want people dying. I don't want us continuing to flex across the across the world our merit military industrial superiority. And I honestly think this Iran war kind of showed we're not as superior as maybe we thought we were. This wasn't as simple as Venezuela. We're not World War II America anymore. Because the negotiating terms that I'm seeing, if they come to fruition, which we've been negoti we've been reporting on for now a week and a half, 300 billion, that hasn't changed. 24 billion in assets, that hasn't changed. Control over the Strait of Hormuz, that hasn't changed. And now we're adding in you have to leave everywhere in and around Iran, all of your forces, all of your bases, all of your equipment.

SPEAKER_00 47:22

That's a loss. That's a loss.

SPEAKER_02 47:25

It's a win that it could be over, but it's a loss in terms of terms. It's a loss financially, it's a loss economically, it's a loss militaristically, it's a loss pretty much any way you could draw it up in my humble Delaware opinion.

SPEAKER_00 47:40

Any other thoughts, by the way, in the uh in in the comment section around this very thing?

SPEAKER_02 47:48

Does anyone disagree? I'm open to disagreement. Maybe I'm not seeing the full picture here, but the picture that I'm viewing is we might end this war. It probably won't be ending on Friday, only because in the weeks after it, I can assume that Lebanon's gonna continue to get attacked. That's gonna throw a monkey wrench in things. And to be frank with you, I think that when we get to the negotiating period after Friday, because if you're unaware, Friday, when that deal gets signed, it's just an MOU. It's a memorandum of understanding. It's not a peace treaty. It's not some long-term agreement. It's just an extended ceasefire with a better name. What have the ceasefires in the past done? Not here to be negative Nancy. Not here to be the Iranian apologist. Not gonna take off a mask and it's gonna be like, ah, I'm Iranian! It's not gonna happen. I'm from Delaware. I just don't think it's gonna end. I think we do get the deal signed. The memorable understanding, I think it does get signed. Rumors are it might already be signed. But then I don't think that the negotiating period after it goes swimmingly. I think Israel tries to butt their head into everything and all the things to make sure that it doesn't go well. And who knows, maybe this fractures our relationship with Israel. I think that's a that's a very low percentage bet on Calci right now that we break our relationship financially with Israel. But damn, this is good cause for it if this ends up being the case. So, back to the original topic. Kevin Warsh has a lot to look at. We got a war, we got inflation, we got energy prices, all just doing their own thing right now. People can't afford a house, people are worried about their finances moving forward, the stock market's inflated, AI is getting heavily invested too. We have a SpaceX IPO that's 100x earnings. So many crazy things going on. Not to mention, after this trillion dollar IPO for SpaceX, China released a quarter trillion dollar IPO to provide an AI infrastructure for their entire 2 billion population country. Once again, kind of doing what we're trying to do, but on a much lower budget. We'll see if it comes to fruition. But for right now, here's what I'm looking at. I'm looking at tomorrow, Kevin Walsh, 2 p.m. I'll be here with you live. We'll listen to his very first meeting as the chairman of the Federal Reserve. We'll see if he's dovish and or hawkish. We'll see his take on inflation, whether it'll be transitory or something that's here to stay, and whether or not he hints at QE in control over the bond market. Friday, we will have a quote unquote signing of a deal, a memorandum of understanding with Pakistan, Iran, and America. It is currently unknown if the UAE and Saudi Arabia will send representatives, as they have been getting bombed as well. They would need to be a part of it. If we get all five parties together, get it signed, beginning the 60-day agreement to go under ceasefire and negotiate the terms to finalize them and hopefully sign a finalized peace treaty amongst these countries. Do I think that that happens easy, quick, 60 days, and we're done? I do not. I just frankly do not. But that's the current situation that we're in. The terms look like American loss. The countries involved, like Israel, don't want the war to end. It's people, its government, its leaders don't want it to end. And even the Mark Levins, the Lindsey Grahams out there, the Warhawks, they're pissed that we're just walking out of Iran like this. They're angry. Americans are angry that we're not going to war more. We need more missiles, more death. We need it.

SPEAKER_01 51:27

Why would we stop fighting people?

SPEAKER_00 51:33

And if the war keeps going, inflation will keep going up.

SPEAKER_02 51:36

Fuel prices will stay high, energy prices will stay high. Uh, Larry Fink and others have said that by the end of the summer, if the strait is still shut in any way, shape, or form, that we're gonna go through a global recession. So none of us want that, especially knowing from 2008 that when we go through a recession, the banks get bailed out when families get foreclosed. So it's not something we should be cheering for. But one thing I will cheer for is right now in the comment section, again, live on today's podcast, about a hundred people in here. Shout y'all out. Toss me in one line or less something you're grateful for. And if you're listening to this on the recorded side, comment it and or think it because I want us to end with something positive. What's one thing you are grateful for? Again, I'm grateful for the pool party I'm getting to attend today. I'm also grateful for my garden. Got lettuce coming up. Had some lettuce leaves that I used on my taco salad last night, a tomato. I felt like a true Amish boy. I was I was using all these things I got out of the ground. We got carrots coming soon, celery stocks coming through, even loofahs and corn. Did you know you can grow loofahs, the sponge? You can even eat them before they get fully like spongified. My kids, my Xbox. What game you got on Xbox? Grateful for love. I'm grateful for my lovely lady at home in bed, says Lucas, comfy while I'm making that bread. Grateful for my family and kids, Mr. Taco Operator. I need your advice on chickens. I love chickens. But funny story, we have 13 chickens. We had three last year. I'm gonna end on this. We had three last year. Me and my wife decided we were gonna get six to eight more. So anywhere between like nine and eleven. We're gonna get six to eight more chickens. So one day when they had more chickens at tractor supply, me and my baby girl were like, hey, let's go to tractor supply, let's get these chickens. Let's surprise mama. And so we get eight. Well, they accidentally gave us ten. So now we have 13 chickens. And out of those 10 that we got, one of them ended up being a rooster. So now we have a rooster that we're gonna be getting rid of because I do not want a rooster. I'm grateful for you, Trevor. Love my time at Bragg I love Bragg I've never been to Fort Bragg, I've never heard bad things about Fort Bragg, though. Grateful for my family and this chat uh channel, PUBG, baby. That's an old school one. People still rocking PUBG? PUBG. Do you know PUBG is actually what got me introduced originally to Fortnite? I was waiting for PUBG to hit the Xbox Marketplace and then Fortnite Save the World hit. I'm like, what is this? It's like my founding story of Fortnite. All right, y'all. We will be live again tomorrow at around 11 a.m. on YouTube and all platforms if you want to check in there. But as always, recorded on Spotify, YouTube, Apple. If you want to leave a review and or a comment, it is always appreciated. Do all of the free things to help support the channel by liking, subscribing, hitting the bell so you know when we're posting, because the algorithms are definitely not pushing the content that we are talking about in terms of war, the presidency, the economy, and of course, our greatest ally, old Jersey. So if you want to support the channel, do all the free things. And if you want to support financially, we have our dollar club. And in that dollar club, you will get access to our corruption map, which is our five sphere corruption wave that shows all of the dark weavings of economic corruption that we've seen in our history, from the tech oligarchs to again Israel, Epstein, and even the cabinet in our current White House. I love you so much. Thank you for joining into episode number eighty three, and I will see you on episode eighty four.