Did Trump take TRUTH SERUM + Reaction to FED Meeting | ZFS 84

Something happened in the last 36 hours and I need to walk you through it because Trump said six things in one day that made me think somebody injected him with the truth serum from Spy Kids.

He said Iran can keep ballistic missiles because other countries have them. He admitted the stock market shoots up every time peace is mentioned and crashes when it is not because the people like it. He called the bombing of Beirut unnecessary and unfair. He said Iran never won a war but never lost a negotiation in a tweet from 2020 that just resurfaced. And then he told Bibi Netanyahu to stop bombing Lebanon on his birthday while standing next to a mongoose. I am not making any of this up.

I also got to watch Kevin Warsh's very first Federal Reserve meeting as chairman and I have a take that a lot of you are not going to like. He actually handled it well. No more future outlooks outside of the meeting. Rates held unanimously 12 to 0. Inflation not returning to 2% until 2028. Half of officials now expect at least one rate hike this year. And he said things clearly and directly in a way that felt genuinely different from what we have been watching for years. I did not expect to say any of that.

The MOU has apparently been signed. The terms now include $100 billion in unfrozen Iranian assets instead of $24 billion and all secondary sanctions dropped including those from US allies. Israel has stated they will continue bombing Lebanon regardless. Netanyahu is furious about the deal. And based on a poll of 3300 of my listeners, 49% believe Iran won this war and only 2% believe America did.

I am eating a cucumber from my garden during this episode. It is a large cucumber. That is also relevant.

Transcript

SPEAKER_04 0:04

What are you gonna do? Plant the garden. That's what you're gonna do. Guys, I'm starting the podcast today as we're talking about what the hell Donald Trump's talking about. And I ran! Let me start with something I'm grateful for. Look at this bowl of cucumbers. Sean, you've seen the cucumber trellis hearts. That thing is pumping, right?

SPEAKER_03 0:24

That thing has got a lot of cumbers.

SPEAKER_04 0:27

We have so many cumbers, bro. I'm so pumped. We're starting a uh a local community garden, starting it right out of the backyard from scratch, uh, using a third of the acre that we have and kind of going freedom garden style of trying to fit as much as we can in there. But look at this. That is a that is way above average, right? Way above average. Very that is a way above average cucumber. Look, I can fit two hands on it. This is these are great. Pause. Okay. The news cycle's been newsy. Um, but I over the past 36 hours, I gotta say, I haven't been creating any short form content. Uh, we've been working on building a fence. Sean was helping us with that yesterday, me, Sean, and Joe, concreting in posts, building our own fence, kind of detaching into some analog activities, which by the way, highly suggest. Big friend of the show, the sunglasses and the phrase, I'm sounding a lot like my god Tim Dillon. Uh, big friend of the show is gardening. We love moving dirt and putting seeds in the ground and taking ownership over what we have. They bought all the farms and sold you back the food. They took all the water and sold you back in bottles. Take back some authority over what you can control and create in your life. Going off-grid homesteading, I think is a great way of doing that. But the leader over this free world has has had me perplexed for the last 36 hours because as I told Sean and Sean, we made sure that these clips I'm about to play for us, you have not seen yet, right? Not really, just skimmed. Just just a little, yeah, first couple seconds. Yeah, not really, not really sure. And I told you the title of today's podcast, and you're like, what? Trump took truth serum. I heard him probably say six things yesterday.

SPEAKER_05 2:22

Just yesterday, that made me think, you've never said anything like that ever.

SPEAKER_04 2:30

And I also oh, oh, the the TDS is keeping me from saying it. Oh, I actually kind of agree. I'm like, whoa, this is a this is a statement I can get back with. I or I could back, I should sorry.

SPEAKER_06 2:44

I can back that statement. I it makes sense. Oh wow, dude. And we'll we're back after this podcast. We're talking about the Federal Reserve meeting that just happened.

SPEAKER_04 2:52

Did you watch the Federal Reserve meeting?

SPEAKER_03 2:55

Yeah, I watch it every time it comes out immediately.

SPEAKER_04 2:57

Rhyme time time. Tune right in. Nobody watched it. It was live on YouTube, had a couple hundred people in it. I was like, this is this guy's first Federal Reserve meeting, and people aren't pumped for this. I was pumped for it. I pregamed, I watched some other videos, read some other articles, and what people thought was gonna happen, and I gotta say, it was one of the best presented Fed meetings I've seen to date. So it's been a strange 24-36 hours for me, to be honest with you. So let me bring you in on where my brain's at. Let's bring up this tweet from Mr. Chow. Not sitting here saying Mr. Chow is a adamant source of knowledge, but he says Mr. Trump, he is truly a wild card. What is he referencing? Let's play this video from Donald Trump that was taken yesterday as he was leaving the Geneva Convention. Let's turn that baby up and restart it real quick.

SPEAKER_07 3:52

No, I want to, I'm saying that if other countries have them, it's a little bit unfair for them not to have some. A ballistic missile is not the same thing as what we're talking about, when we talk nuclear. But if Saudi Arabia and Qatar and they all have some, I would say in relative proportion, I think it's okay. That's what I mean.

SPEAKER_04 4:13

Just be clear on this. This is the same exact individual who said we were gonna decimate their entire nuclear and missile program. The same exact person who said we're gonna have an orange glow coming from their country if they don't surrender. There's gonna be uh a white flag waving total and complete surrender, they're begging for a deal, they're on their hands and knees, we have full control over this. And then he says, I actually I'm saying that if other countries have nuke uh ballistic missiles, it's a little unfair for them not to have some, right? Guys, we gotta be fair here. You know, these guys have a missile, these guys have a missile, these guys have a missile. This guy's got like three. He's crazy. We don't talk to him. He's crazy. He's a little short over in North Korea. He's got a lot of them. Look at that. I'm joking, this is North America. So there's lots of of these around here. Why can't we let Iran have one or two? Why can't we let Iran have one or two of the missiles? That seems fair, guys. That's fair. No, no, no, no, no, no, no. I'm cool with the Muslims. I'm cool. Islam, I'm not, I'm not, I'm I'm not into the the hate rhetoric. We need to allow them to defend themselves. They do have a right to defend themselves, right?

SPEAKER_05 5:26

Right? What dystopian universe did I wake up in?

SPEAKER_04 5:32

Let's go to the next X. Let's go to the next video. Let's pull this up full screen real quick. Let's go full screen on this bad boy. This is Mr. Howard Lutnick, who we're gonna reference at the end of the podcast, a sick individual that spent 139 days bathing in broad daylight as a pedophile protecting liar. And then we have Ricky Rubio. He's just Ricky Rubio. Let's hear what Donald Trump said here.

SPEAKER_07 5:54

So we'll be working on a parallel effort with the Gulf Nations to address non-nuclear issues such as the conventional ballistic missiles, which we'll be talking about, and support. I mean, they have to have some because other people have some. You gotta have some. Somebody said they should you shouldn't give them one. I mean, I have guys, I like some of these guys. But I don't think this one. Sir, you shouldn't let them have any missile. I said, Well, what am I gonna do? Am I gonna let Saudi Arabia have missiles, but they can't have them? Yes, sir. Can't doesn't work that way, you know? It doesn't work that way. What? Missiles aren't the problem. Missiles Am I the crazy one? We heard a little location, but they don't blow up the planet.

SPEAKER_06 6:40

Am I the crazy one? Sean, legitimately, am I overblowing this? No. This is not what we've been hearing for months and months and months.

SPEAKER_03 6:51

Why is he saying he's like some some of them?

SPEAKER_07 6:53

He almost looked like he's gonna break into a tear right there, talking about, oh, we need to let them have some issues such as conventional ballistic missiles, which we'll be talking about. And support, I mean they have to.

SPEAKER_04 7:04

Pause real quick. Just to be clear, he's not talking about nukes. I'm gonna be very clear because there's gonna be some people in there. He's like, he only said he was gonna stop it from having nukes, Zach. Okay, yeah, he's not talking about nukes, he's talking about ballistic missile programs. Okay, he's talking about missiles. I get it. Take a break. Eat a cucumber. Press play. Eat a cucumber.

SPEAKER_07 7:22

Um, because other people have some, you gotta have some. Other people have some, you gotta have some. You shouldn't give them one. I mean, I have guys like what is he trying? Shouldn't give them one.

SPEAKER_04 7:31

Like, look at the side eye from Howard right now. Look at that side eye from Mr. Howard Lutney. This was an interview or uh, I'm sorry, a speech that Howard got screamed at for a bunch. His tonality, his vibe did not seem on board with what was being talked about, but keep going.

SPEAKER_08 7:47

I like some of these guys.

SPEAKER_06 7:49

I like some of these guys. I like some of these guys.

SPEAKER_04 7:54

This evil, terrible, Islamic cave-dwelling regime that we seek to destroy and implant our own leadership so we can have control over your socialist wannabe country. The one that we've had hundreds of billions in locked assets for for decades, and you have said that no president has stepped up and actually tried to face this regime, this evil regime head-on, these terrorists head on. I like some of them.

SPEAKER_06 8:19

I like some, some of them are cool.

SPEAKER_04 8:20

Some of them are cool.

SPEAKER_06 8:21

I had lunch with one of them. He had a burrito, and I was like, wow, you guys eat burritos too. And he's like, Yeah, we eat burritos. His had egg, the other had bacon.

SPEAKER_04 8:31

He goes, your brain is interesting.

SPEAKER_06 8:33

They just discussed well, they discovered mutuality over burritos. Their religions could be different, their skin colors, what they believe.

SPEAKER_04 8:42

But everybody can believe in a burrito. You always go to burritos, and I love it. Everybody can come down to earth understanding we all enjoy a burrito. I love burritos. Such a simple meal. It's like my favorite. Such a simple meal. Chipotle's creating an entire franchise, a thriving franchise out of the burrito. We can come together on the burrito. I imagine Donald Trump and one of the uh maybe one of the members of Hezbollah got together with him and they shared a burrito and maybe it was at the Geneva convention. I don't know. Something shifted.

SPEAKER_06 9:13

The burrito of truth, maybe, maybe not. Maybe a cucumber. Wasn't mine, I grew these.

SPEAKER_04 9:20

But let's go to the next one. There's more. We got like five of these bad boys. Okay.

SPEAKER_05 9:28

Before we play this real quick, full screen.

SPEAKER_04 9:31

Um if you were to summarize the subject matter that I have kind of focused my poll of information. Though though the poll spreads wide, okay, there's there's girth to the the the genres of information that we will cover from corruption, foreign policy, housing, you know, affordability. What does it all kind of center around for me though? I mean, put it in one word. Put it in one word if you've if you followed for a month, if you followed for however long, just what's one word you would summarize like my subject matter into? I would just say economy. I I enjoy looking at the inner workings of this economy. I enjoy looking into how it was constructed. I don't so much enjoy finding out it was constructed on a bunch of very elite Zionist-facing banker cabal type people that seem to be draining the middle class slowly but surely and leading us into a security state. Don't love that. Not my favorite, not my favorite thing to read about on a Sunday. But the economy is mainly been my focus. And if you've listened to me for the past three months, just the last three months, you may have not said economy. You might have said war. Because we've been talking a lot about the Iran war and how it's been shaping out ever since the uh strait was shut, which the moment that strait was shut, you can go on record and find the video. We talked about the fact that we pretty much had lost that war right then. They won when they shut down the strait. They went for economic wins, and we are gonna see here in a moment because I'm gonna read through the terms of the agreement, which had been mutually released by the US and Iran. Okay, we know the exact terms of this MOU. We know the exact terms of this memorandum of understanding, which by the way, might be news to some, is not a peace treaty. Does not mean the war is done. Does not mean the war is done at all. In fact, I took a poll on my Instagram, which I'll share for you in a bit, on who won the war. Did the US win? Did Iran win? Was it a tie? Or is it does it not matter because the war isn't over anyway? I'll share the results with you here in a moment. I have stated multiple times for the record, if this war continues, we will endure economic catastrophe. A lot of the toothpaste is probably out of the two, by the way. Regardless of whether you use crest or some organic brand. I I used bird, uh, you know the the the chapstick brand, Bert's B's? They got really good toothpaste.

SPEAKER_03 12:11

I like using the sensodynecause it gives me less ulcers.

SPEAKER_04 12:14

Uh oh yeah, you're an ulcer guy.

SPEAKER_03 12:15

Doesn't really taste good.

SPEAKER_04 12:18

Not many 20-year-olds I know are worried about the current the current status of their future ulcers. So good on I get so many. It sucks.

SPEAKER_03 12:28

I'm drinking so much orange juice. Is it the orange juice?

SPEAKER_04 12:31

What are you drinking?

SPEAKER_03 12:32

I I think it's just I eat like a madman and I scratch up my mouth, and then there's scratches and scars turn into ulcers, and then it's just like, hey, you can't eat for a while now. Sorry. Right. Yeah, I think that's what happens. I don't drink orange juice because there's no nutritional value.

SPEAKER_04 12:48

So what I'm hearing is you eat so ferociously that you're injuring the back of your throat to the point where it's getting gaping holes, and that is your body warning you to stop eating like a caveman?

SPEAKER_03 12:58

I would sum it up to that. Yeah, I just need to still it down. I need to stop eating like a freaking madman.

SPEAKER_04 13:03

I've seen you eat a lot of times in my life, Sean. I've never once looked at him and said, Man, he needs to lighten up. I don't breathe when I eat.

SPEAKER_03 13:09

You don't breathe when you eat? I just I eat as fast as I can. I've always done it. Why? This is totally a side I don't know. Let's move on.

SPEAKER_04 13:16

Someone both did someone no, did someone like bully you in the sixth grade lunch room? Like made you wonderful.

SPEAKER_03 13:20

No, man. No, it's I it's I think it's uh, you know, when you were growing up in school, you only had 30 minutes to eat, right? That 30 minutes includes waiting in line, getting your food, sitting down, and then eating everything on your plate. And I always would purposely eat as fast as I can in third grade, eating my chicken patty, and I get a little bit of heartburn, but I liked it because I would drink chocolate milk and cool it off, and it was like, ah, relaxing. Like that feels great. Like quenching the heartburn felt good. So then I think I just I don't know. And I also think it's like a dude thing. I think we all just eat really fast. I mean, hmm. My girlfriend eats insanely slow, and I eat insanely fast. Like I find myself finishing my meal 10 minutes, she takes like 10 more minutes to eat her stuff, and I'm like, what's taking you so long?

SPEAKER_04 14:07

So, what you're suggesting here is uh, and I might tie a loose string here or two. What it sounds like you're suggesting is that the Rockefeller created education system partnered with big food and big pharma to ensure there's a system around kids not having enough time to eat, not having the right food to eat, and slowly becoming uh dopamine fiends for the feeling of relieving their acid buildup that comes from the food we're siphoning down their throats in a very quick time frame. Would you say that sums it up a little bit?

SPEAKER_03 14:39

Yeah.

SPEAKER_04 14:39

Okay.

SPEAKER_03 14:41

I mean, yeah, honestly. And isn't that what school is? Like, just like you know, you gotta do what the system asks if you see a loss me, you conspiracy theorist.

SPEAKER_04 14:53

The system control. We're in a free country, brother. We woke up in America, brother. Yeah, you think a systems controlled. What am I talking about, man? Get this guy out of here. All right. So I've stated many times economy uh is an issue. We've been reading over many economist takes on the oil scenario, the supply from China, that what's going on in Iran with the two blockades and urea, which is fertilizer. We've talked about all the different variations and how this could shape out, but mainly around the fact that if the strait doesn't open and open soon, which apparently, as of this morning, has begun opening, that we were gonna face an economic meltdown. But all while Trump, anytime talking about the economy, would only talk about the stock market. But guys, the SP's at record highs. We don't have to worry about this. Oh, Zach, we got plenty of oil. He said that. He said my name. He said, Zach, we have plenty of oil. I promise we're good. People are coming to us for oil now. Shut up. Let's hear yesterday what Mr. Donald Trump had to say about the economy and Iran.

SPEAKER_07 15:59

So the one thing I didn't want to see is I didn't want to see economic catastrophe. If you kept this going, that could have happened. But all I know is every time we talked about the possibility of peace, the stock market shut up like a rocket ship. It never went down. They didn't like it. The people, you know, the stock market is more brilliant than anybody there is, including the people on the stage, other than me, of course.

SPEAKER_04 16:25

Pause just so we're clear. He just stated what we've all been talking about. I mean, he's only short of saying, and me and my buddies profited off of it from just basically disclosing the whole thing. Of play that back real quick. It didn't matter what the truth was, and I'm putting that word in his mouth. It didn't matter what was actually going on. It's just if we said there was peace on the forefront, the stocks would do great, oil will come down. And then when we say it's not too great, they would go down and oil would go up. And we all watched this play out. We're all sh saying we continue to watch the same pattern play out, and here he is admitting, yeah, I saw that pattern too. Crazy, right, guys?

SPEAKER_07 17:11

It never went down. If they didn't like it, the people. But all I know is every time we talked about the possibility of peace, the stock market shut up like a rocket ship. It never went down if they didn't like it. The people, you know, the stock market is more brilliant than anybody there is, including the people on the stage, other than me, of course. Let's see. I don't know. What do you think, Scott? Is the stock market more brilliant than you?

SPEAKER_02 17:39

No, sir.

SPEAKER_07 17:39

Uh oh, that's a that's a terrible saving. All right, the stock market is quite brilliant. And uh every time we said something amazing, like we're gonna settle, it would go up. And every time we said something negative, like, guess what? We're not gonna be able to settle, it would go down very big, Peter. Very, very big. Tells you something.

SPEAKER_04 18:05

Yeah, it certainly tells you something, don't it? It certainly tells you something, don't it? When the when the largest investment foundation on the planet, the the American stock market, the most speculated investment platform on the planet, really almost close to bar none. I mean, China's got bigger banks than us, but when it comes to investments, it's all America, baby, that the largest institution on the planet with so many systems in place can literally operate purely on speculative vibes, on talking matters, on talking points, on headlines, on what's going on today, regardless of whether or not it's true. I I don't think here's the thing. Here's the thing. I I'm not mad at him saying that. I'm not saying he is wrong for saying that at all. I'm surprised he's just so blanketly stating it. Does that make sense, Sean? Like, what what what what this is the third time within 24 hours I'm scratching my head like somebody inject this guy with something? Who got the the spy kids truth serum from uh bring up the bring up the thumbs from spy kids real quick? Bring up the thumbs. Bring up the thumbs.

SPEAKER_05 19:23

Bring up the thumbs. I think one of these guys got to Trump. I I'm convinced one of these guys got to Trump. And he said, look, buddy. Enough is enough. We're gonna we're gonna tarnish your name.

SPEAKER_04 19:41

And he said, oh no. How are you gonna do that? He said, we're gonna inject you with this. He said, oh no, it's heroin. He said, no, no, no, no, no. It's truth, serum. You're gonna have to tell the people exactly what's going on. No.

SPEAKER_00 19:59

I already see what you're typing in.

SPEAKER_04 20:01

Shout out George Lopez from Spy Kids, like in the most uncanny role. I think this is who talked to Trump. You think George Lopez dressed up as Mr. Electric from Shark Boy and Lava Girl?

SPEAKER_03 20:16

No, no, no, no. Mr. Electric talked to Trump.

SPEAKER_04 20:18

Sorry, Mr. Electric from Shark Boy and Lava Girl, which by the way, this is so funny. I say spy kids as a millennial, and your Gen Z brain immediately says Shark Boy Lava Girl.

SPEAKER_03 20:31

Yeah.

SPEAKER_04 20:31

That's so funny. That's where my brain goes. That's so funny. See, I was a spy kids kid, and you're a shark boy and lava girl kid. I'd watch all the time on Disney Channel. Yeah. The old days. I remember going to see Spy Kids 3D in New Hampshire with my grandparents, and it was one of the best days of my life. Why can't I achieve that level of euphoria? You know what I do? You know what the new Spy Kids 3D premiere with New Hampshire with my grandparents is? Growing fucking cucumbers. I enjoy this shit heavy. Sorry for cussing. We love Jesus. But the F-word didn't exist when Jesus was on the planet. So I don't know. We're going too far. Let's uh let's go into the next tweet. We got a lot to cover today, guys. Hope you're sticking with me. And if you're listening in, thank you, by the way. If you're listening on audio platforms, video platforms, we do our best to service both. And at the end of the day, we are here to understand the economy, understand how we got here, and unearth the riggedness and corruption that exists within it, and then dissect it. Describe it, translate it so that you can move forward with action. Let's look at the next one that oh my goodness gracious. Let's just go to the Al Jazeera real quick. Let's go to Al Jazeera real fast. Just so we're very clear. As of yesterday, as of yesterday is oh, I'm sorry, June 17th, which would be a day and a half ago. Israel has attacked Lebanon. It says Israeli airstrikes have. Continued to target towns in southern Lebanon despite an agreement between the United States and Iran, set to be formally signed on Friday to end the war on all fronts. Israeli drones carried out three attacks in Tyre that resulted in injuries while a drone also targeted Bint Jabil District in Nabathi, Lebanon's state-run national news agency said on Wednesday. So the fighting in Lebanon is not supposed to be going on with this agreement. It's it's actually laid out in the MOU, which we'll walk through here in just a quick second, terms that we now have public.

SPEAKER_05 22:35

Let's play this clip. Let's just play this clip.

SPEAKER_04 22:38

I mean, you have people also real quick for my video watchers, that mongoose wasn't there with him. I think that's a watermark. I'm I'm I'm 98% sure that mongoose in the suit was not there at this speech.

SPEAKER_05 22:52

We'll confirm later. Go ahead.

SPEAKER_04 22:56

Oh, I'm on the mongoose's head. This is incredible. I am the mongoose. This is incredible.

SPEAKER_07 23:05

Buildings are being dropped on top of them. Or right alongside of them. How would you like to live there? It's it's so unfair, especially Beirut. You know, you're going to Beirut. And I I looked at the scene two days ago yesterday where they hit that was that was a big hit. That was unnecessary in my book. Yeah, please. Do it. Play that again. Play that again from the beginning. I mean, you have people living there. Buildings are being dropped.

SPEAKER_04 23:34

You're talking about Lebanon.

SPEAKER_07 23:36

Or right alongside of them. How would you like to live there? It's it's so unfair, especially Beirut. You know, you go into Beirut. And I I looked at the scene two days ago yesterday where they hit that. Is this an act? Are we watching a character change?

SPEAKER_06 23:54

Are we watching the plot? Like, are they shifting his character around? Is I'm convinced the three thumb guys showed up and gave him truth serum.

SPEAKER_04 24:07

Because you're right, it is unfair. That is unnecessary action. He shouldn't have just said, uh these drones, they came into our country.

SPEAKER_05 24:18

A country that happens to just barely be bigger than New Jersey. And exports the most diamonds without having a diamond mind.

SPEAKER_04 24:28

We should just bomb their capital and kill people and bomb apartment buildings. Because they sent a couple drones at us that we ultimately took care of. That's not fair. That is a very I listener to the show. I'm I'm extremely uh neither party as much as I can be. Not to say I don't have beliefs that do fall probably on one side or the other, 100%. But I don't I don't want to sift into the everything this party does is wrong and here's why, or everything this party does is right and here's why. I have to admit right here, this is a very fair statement. Is it an act though? I gotta wonder, because it's just such a quick shift, it's such a quick pivot. So we need to be doing something about the fact that Israel is bombing innocent people in Lebanon. Hell yeah, we do. Will anything be done yet to be seen? Let's go to the next one. Because as this is going on, um, for all my video watchers right now, you'll see a picture of Benjamin Netanyahu meeting with a man who kind of looks like Steve Jobs. Um and it says in a tweet posted by Benjamin Netanyahu's official page 12.01 p.m. on Wednesday, in a work meeting with the head of the Mossad. And that's it. That's all it says. There's something blurred at the bottom. I don't know what's blurred at the bottom. Something's something's blurred. Maybe there's something on the table, or I don't know, maybe there's a little watermark, but um I've never seen this post. Okay, challenge for the show listeners right now, challenge for the show listeners to prove me wrong. I have never seen in my time of following the Prime Minister of Israel him make a post that just says, meeting with Masad.

SPEAKER_05 26:18

Thought it looked cute today, might delete later.

SPEAKER_04 26:23

I mean, he's conspiracy maxing by doing this. We understand that, right? Sean, is that the proper utilization of that term? He's conspiracy maxing here. Proper use of that term. I and and you may call me like a a black pill for thinking that this is a very conveniently timed post around when the peace agreement came out and Trump yesterday saying that Israel, again, I'm sorry, said this on Wednesday, is a small partner, and America's the big partner. He said, get out of the way, little bro. Live on television. And then this comes out. I'm not supposed to tie some string together. You can see the Anna Casparian and Candace Ellens already did, and they made their call in the corner if you're watching on video. I'll leave you to read that. I'm not gonna say either of those for sake of the algorithm. Let's go to the next tweet. Stick around. We are gonna go through the Federal Reserve reaction. We got a lot today. If you want to cut this up into two listens, I get it. We got a lot to go through. The official memorandum of understanding. I'm not gonna read through all of this. All sources utilized today, all tweets, all articles, all videos will be in the description. So you can look at this whenever you so please. But I'm gonna read you through five. Okay. We have been covering the 14 key points that have been leaked for the past week. We've said that through neutral sourcing, drop site news, and even Iranian news sources that it seems legit. There seems to be only one thing in this verified American this is American release list right here. This this is what it is. Okay. Seems to only be two changes from what we were initially reporting on. So uh the only thing I'm seeing missing in here that was originally put into the 14 points is I'm not seeing anything in here around America having to leave the areas in or around Iran. Originally it was portrayed that we would have to leave our bases. I don't know if that means just leave our people and uh, or not leave our people, but get our people out and leave our equipment and bases behind, slowly shut them down over a period of time. Uh, which bases is that fall under? Is that anybody that we're within like a naval fleet's reach of? I I don't know what the definition of that is, but it doesn't matter because it actually does not show up in this list. So for as of right now, does not matter. The other key point that is different is the amount of money that is going to be unfrozen for Iran. So let's go into number uh two real quick. Let's scroll up to number two.

SPEAKER_03 28:42

And real quick, did you say there wasn't a removal?

SPEAKER_04 28:45

Because this one has a removal from all the Oh, it does. It subjects okay. You know what, Sean? Great find. Because I breezed through that and only read the first part that says full removal of the U.S. naval blockade, and I did not finish the sentence. Sean is a okay, so I'm gonna remove that. So there's only one change. Hell yeah, dude. Teamwork. Hell yeah. Shout out, Sean, in the chat. So there's only one change. We'll go through that change for the third point. First one is at least 30 billion in reconstruction and economic development funds for Iran from the U.S. and regional partners. 300 billion uh that's supposed to be raised by the United States and its allies. I'll leave it up to you. Does that term seem like a win or a loss for America? Number three, permanent termination of all sanctions, not just even American sanctions, including the UN Security Council resolutions, IAEA board resolutions, and all unilateral U.S. primary and secondary sanctions. Every sanction that exists. Get it out of here. Is that a win or a loss for America? Or maybe neutral? You decide. The next one. This is where we have a change. There was initial reporting that $25 billion in frozen assets was going to get unfrozen by us for the Iranian people. That number's gone up. It says there's a going to be a full release of all Iran's frozen funds and assets, up to $100 billion in total, with the Central Bank of Iran designating beneficiaries. Now, here's where I I this is the one where I was like, just give it an all, give them all of their assets. Give them all of their assets. We can't use the money that we're holding from them. A. We've basically just held it hostage. That's that's not like right. And third, it's not taxpayer money, it's not printed money, it already exists. Just give it to them and say, have a good day. So when I ex when I saw that this number went from 25 billion, it was originally 12 billion, then it was 24, and now it's a hundred. And yet the 300 billion number didn't change. We've officially spent a how this is a half trillion dollar deal. If you combine the cost of this war and the invaluable number of lives lost on both sides, 13 confirmed in America, we know that a schoolgirl school was bombed on day one by us. Okay, school kids, school-level children died because of us. So we have the monetary and the invaluable value of life that was taken away. Is that a win or a loss for America or somewhere in the middle? You decide. And then we have Iranian sovereign administration over the Strait of Hormuz with only a 60-day free passage waiver, after which Iran begins collecting transit fees from every commercial ship. So a strait that otherwise was publicly accessible with no cost to those importing and exporting the goods from those countries, the GCC countries and Iran. Well, now they're having to pay a fee. So is that a win or a loss for America and other companies, or somewhere in the middle? You decide. And then let's scroll down to number 11 real quick. Says immediate U.S. Treasury waivers for Iranian crude oil, petroleum products, all banking, insurance, and transportation services read into this one. This is a temporary short-term waiver process that we're going to be basically handing over to Iran so that essentially the sanctions that are going to be repealed, as we read earlier, all the sanctions are going to go away. Until they're officially gone, we're going to comp them. We're going to make sure they can do what they need to do in the meantime, so that the transactions and transitions and transit through the strait can all happen. Everything can be honky dory in the water in the Strait of Hormuz. And after that 60-day period, assuming number 11 will end, and then they'll begin to charge fees to cover those exact items. The cost of crude oil, petroleum products, banking, insurance, and transportation services, as well as defense. Gotta keep them safe. So they're going to charge those going through the strait in two months. Apparently since the signing of the deal. So that would be what, mid-September? Mid-Ockt, mid-mid-August. By the end of summer, the strait will come with a fee. Now, if oil companies are paying more to get their oil in and out, could that raise or lower prices? I'm not sure. Could it raise or lower the cost of those things that are being imported or exported there? I don't know. Could the cost of higher fuel, due to the fact that there is a higher cost to get it through, impact every other product or service associated with energy and oil and petroleum? Maybe. I don't know. But is allowing a toll system that didn't exist prior to this war that we started, is that a win or a loss that there's now a toll system to something that was free? Is it a win or a loss that we are having to raise $300 billion for a foreign country? Even though we're no stranger to giving money to a foreign country. Just usually starts with a different I. We're not used to the four-letter I.

SPEAKER_03 34:14

Oh hey!

SPEAKER_04 34:20

That was good enough to be a soundboard, brother. That cup that that man, listen, hey. I only need a cucumber to that.

SPEAKER_03 34:31

That was a good crisp bite, man. Good one. Good one.

SPEAKER_05 34:35

Give me a shotgun, everybody. That was a large bite. Give me a moment. Yeah. I loved that. That was great.

SPEAKER_04 34:51

I've never had anything better in my mouth, especially in that shape. That was incredible. That was incredible. That joke made Sean uncomfortable. I saw it. Okay. Um, who knew war could be so fun? It's not. Let's go on to the next one. Let's skip Al Jazeera. We already walked through that. This is um, if you haven't heard, I'm a really big fan. My Lord and Savior, Ben Shapiro, friend of the show. As I again, I can't say friend of the show. Tim Dylan has trademarked that at this point. The satirical friend of the show. I feel like I can't say it anymore. It's barred. You can't say it. This was yesterday. Now, Lindsey Graham, Mark Levine, Benjamin Netanyahu, Mike Huckabee, name any other leader that's a Zionist in a position uh that has the authority to come to the media and have it be heard, has stated they hate this deal. And not for the reasons that you might not like this deal, not because it's a loss for America. Au contraire, it's because we're not completing the mission of total destruction of the Iranian regime. It's because we're not guaranteeing they won't create a nuke. And hey, to those that don't want a nuke there, by the way, to anybody who views this from the MAGA cap, high. If your conservative thought process exists in a brain, uh that nine-pound meat computer that runs on electricity and chemicals that have been programmed little by little since the day you were born, but all the things inner around you that you've thought and said and had said and done to you. If that beautiful brain of yours is covered oftentimes by a red, white fonted hat, you may say, Zach, you negotiate us out of a war, no one's gonna die. Why are you mad? As a former veteran, how on earth could you be frustrated by that? The war's over, people aren't going to die anymore. This is a win. Did it come with a little bit of more economic uh leverage than maybe we wanted to give them? Yes. But the war's done, you hypocrite. What I would say to you is you don't want a nuclear weapon, right? Right? That's the biggest thing. No nukes, no nukes, no nukes. I get it. Who wants an orange glow coming from New York City? Not I. Not I.

SPEAKER_05 37:15

Who wants to see the ripple effects of what that could cause worldwide? Not I. Never will be.

SPEAKER_04 37:22

But um I just I guess I just don't know how much it costs to build a nuke. I guess I just don't know how much it costs to build a nuke. And if we already think they have a nuke, and their economy is already very small, we've been withholding their assets and freezing them for decades, uh, they're under our our steel toe boot whenever we need to to make sure they don't get too powerful. All those Middle Eastern countries.

SPEAKER_05 37:48

What do you think an extra $400 billion could do? Sean, what do you how much do you think a nuke is, Sean?

SPEAKER_04 37:59

Put a guess out there and then let's Google it. Let's put everybody put a guess. How much does it cost to make an intercontinental nuclear missile? We're gonna we're gonna nuke my Google search history by looking this up, but what how much do you think it costs? I can't even fathom that. I'm gonna guess sub-billion. I I think I think we're probably sitting in the tens of millions, and that's a little scary, but I think we're probably sitting in the tens of millions. What do you think?

SPEAKER_05 38:32

200 million.

SPEAKER_04 38:33

200 million? Let's Google it. Let's Google it before we get into this uh this weird guy on the right side of the screen.

SPEAKER_03 38:40

Alright, let me switch the screen here.

SPEAKER_05 38:54

Intercontinental. You spell intercontinental all the time, right? Yeah, there you go.

SPEAKER_04 38:58

How does how much does it cost? Let's see what AI says. Dude, you were spot on 150 to 214 million dollars while developing a modern intercontinental missile program from scratch costs tens of billions. The cost to engineer a single operational ICBM paired with a nuclear warhead ranges from 150 million to 214 million. So again, I I just I leave the cards on your table.

SPEAKER_03 39:24

So LGM 35 Sentinel, known as a ground-based strategic deterrent, is a land-based intercontinental ballistic. Oh, that's a missile?

SPEAKER_04 39:32

That's not a new under development for the United States Air Force. It was intended to replace all 450 Minute Man through. Oh, this is coming in the 2030s. We're developing a new one. Oh good. New update dropped. Oh. I didn't get the patch notes for this. What did they buff?

SPEAKER_03 39:47

This says program costs over 125 billion, significantly exceeding the initial 78 billion.

SPEAKER_04 39:53

See, listen, that's what's crazy, is they can say it's gonna cost 78 billion and then it's actually 125 bill, and people are just like, oh, okay. The difference, right? That's almost 50 billion dollars. Where could that have been utilized? Also, wow. Why do we need to update them? Can't they reach worldwide already? We don't want to use these. We don't need to like having them as a stockpile to deter anyone else from trying, I get. I get it. Like, if you have a big sword, the other person with the big sword might not attack you because they know you got a big sword. If you don't have a big sword, they might just come attack you with the big sword because they know you got a pocket knife. Got it. So have a big sword or two. Why do we need to constantly update them? I'm gonna read more into that. I didn't know that. Um, but again, if the argument is no nukes, let's just round it out. Say it costs 200 mil to create and two bill uh to maybe or uh 20 bill to create the infrastructure again. We damage their infrastructure. To get the infrastructure back online and to build a nuke falls well within the budget range that we are feeding them and 100x some. So what's gonna stop them? Well, Zach, they said they're gonna commit to not furthering their enriched uranium piles, uh their stockpiles, and they're not gonna do it. They've just said that they're not gonna do it. Brother, they've said they're not gonna do it for decades. They've they've said in multiple, like multiple opportunities where we were threatening, like BB Netanyahu has been saying this since the 80s, that they're a couple weeks away from a nuke ever since he stepped floor in Congress in America. This isn't new. This isn't new, and now we're handing them enough coupons to go make 80 of them.

SPEAKER_06 41:32

I just want you to tell me how that's a win. I know you want to defend the cap on your head.

SPEAKER_04 41:38

Tell me in the comments how that's a win. Ball's on your court, LeBron. Let's see, or Ben Shapiro.

SPEAKER_02 41:45

Say there, Ben.

SPEAKER_01 41:47

Well, I've said many times that the president deciding to go into Iran and to hit nuclear facilities in Operation Midnight Hammer, and then to go after Iran's ballistic missile facilities, nuclear facilities, army, navy, and air force in this current operation was the signal act of political bravery, perhaps, of of my lifetime. With that said, this MOU appears to be, just from the text, a disaster that does not achieve any of the actual signal goals that were set by the administration at the beginning. There were effectively five goals that were set by the administration at the beginning. One was ending the nuclear program, not just nuclear weapons, no nuclear enrichment, zero enrichment. That is not in the deal. Ballistic missiles ended. That is not in the deal. And the president today suggested that ballistic missiles should actually continue to be held by the Iranians because the Saudis, our allies, also hold ballistic missiles. Then you have the support of terrorism. That is not part of the deal. Anything that looks like an attempt to end terrorism, a permanent opening of the Strait of Hormuz toll-free. Not only is that not in the deal, the deal appears to have a provision allowing Iran and Oman to attempt to toll the straits after 60 days. And then finally, the idea that Iran would receive some sort of sanctions relief after all of those things happen. We are already seeing from day one relief in their ability to ship oil out of Iran. In my opinion, the vice president of the United States, the chief negotiator on this particular project has not well served the president. So uh just to clear it out.

SPEAKER_04 43:04

I love the exit ramp there. This is such a common rhetoric when you're trying to defend this man against undefendable action sometimes. He spends that entire time talking about how poor this deal is, how terrible the negotiating is, how we're not getting anything that we want, and he blames it on JD Vance. He's like, they can't, they can't address the problem. The elephant in the room, if you will. All right. I it the elephant in the room is the man in charge, the master negotiator who stated uh 30 plus times that we'd won the war, said BB's gotta stop at least eight different times, had a call with him, said F you, BB, Israel hates you or everyone hates Israel because of you now. Like, you clearly didn't get the result you wanted from the person you support. And let me just say right now, I'm not in support of either. Either side. I want you to remove your personal identity from a political party. I don't want your satisfaction or dissatisfaction in life, the chemicals in your brain to fire or not fire, your ego to be pleased or displeased based off of that that is stated by a political figure, regardless of the color of their party, because the only color they care about is green. They do not give a shit about you. There's been more evident than ever in the past three and a half months. So when we have now the opportunity to come together and say, hey, look, blue or red, we all disagreed with this. Some may have disagreed with the war as a whole, some may have disagreed for our antics, or some may have disagreed with why we're there all together. We can all have those disagreements of nuance. But at the end of the day, if we have a large support of not going to this war, and then we did, meaning a lot of people are going to be dissatisfied there. And then of those that are satisfied that we did aren't satisfied with the result, that tells me all of us are on the same page here of one person, one administration, one country is at fault. It's us. Go figure. Calls coming from within the house, and we still can't call out the elephant in the room. Guys, it's time to come together. And frankly, what's insane about this is it even seems like Donald Trump is trying to give these people an out of saying, yeah, yeah, yeah, you know, look, they gotta have some ballistic missiles. They gotta keep themselves safe, you know. You know, UAE's got some ballistic missiles. Ah, you know, we've frozen these assets for a really long time. That's not really fair of us. Is that fair? Like he's he's completely flipping his script. You don't want to flip yours because you don't want to be wrong, because it's not about the political figure being right or wrong. It's about you feeling attacked by your belief system being attacked. And that I get that. If you're religious and someone attacks your religion, you're gonna feel attacked. If you're a big sports fanatic, you love the cavaliers, and then someone says LeBron's not the goat, you're gonna be like, ah, I get it. Like if someone, if you're a devout Christian and someone says, you know, Jesus Christ, uh, he's stupid. I hated him. Like you're gonna feel some type of way, or even closer to home. Someone talked some way about your mom or your wife or your husband or your son or your daughter, you're gonna feel some type of way. People feel that type way about their political leaders, and their political leaders don't give a care about them. That's where I want us to separate. That's we can have beliefs and arguments and debate without hate around important topics that matter, all whilst not falling into the system of division that's been created by these elites to ensure nothing ever gets done. And this is a perfect opportunity where things could get done. You know what we should do if Israel is still attacking Lebanon and trying to put mud in the essential deal process, trying to mud sling their way to making sure this deal doesn't actually come to fruition? We should stop every dime of financial aid right now. And you would have support across the board, except from the Zionist warhawks that got you into this war in the first place. That could be the alpha move from Trump. That's something that would get even a Democrat to say, yeah, I I I see you're kicking Lindsey Graham to the curb. Okay, like I can get behind that. Oh, we're we're not gonna give money to this uh this murderous regime out there in Israel. Okay, yeah, I get that. I don't think there'd be a lot of uh hate his way if we were to do that. And I think we have ample opportunity to come together and ample opportunity to further maybe detach ourselves from this evil regime that drug us into this war. Will it happen? Likely not. Let's go to the next one real quick, and then we're gonna get a bit into the Federal Reserve to finish ourselves out today. Stick with me. This is a tweet that came out from Donald J. Trump that says, quote, Iran never won a war, but they've never lost a negotiation. Donald J. Trump at real Donald Trump on X, not there at the moment, uh tweeting. I think he's more social, true socialing. Uh, but again, if we go if we go back up, I want to read that again. He said, Iran never won a war, but never lost a negotiation. That's a hell of a thing to say when you've just lost a negotiation, right? That's a hell of a tweet to put out. But that's because he didn't just put it out. This tweet was from January 3rd at 7 44 a.m. 2020. So six and a quarter years ago, basically six and a half years ago, Trump says Iran's never won a war, but they've never lost a negotiation. Man, there's a tweet for everything. There's a tweet for everything. Moving on. All right, let's get into the Federal Reserve. Like I said earlier in the pod, guys, I had the opportunity to watch Kevin Warsh, our new Federal Reserve chairman, step into the reins of leadership of our central bank here in America. And I have some takes. First, let's read from the Kobisi letter over on Twitter, great source. Says summary of the Fed decision from Wednesday. Number one, Fed will leave the rates unchanged for the fourth straight meeting. Two, half of the officials expect at least one rate hike this year, which has changed from earlier projections of saying we'd have two rate cuts by the end of this year. Fed lowered its median 2026 US GDP projection from 2.4 to 2.2%, a little less growth. Fed now sees that PCE inflation will not be returning to its 2% target until 2028. More on that in the moment. Fed says inflation remains elevated relative to their goal. And today's Fed decision was reached in a unanimous 12-0 vote. The Fed appears to be bracing for more inflation. But I gotta tell you, real quick, let's go to the next tab real fast. Um, this also coming out of the Kabisi letter says the odds of a rate hike spiked to 49% after the Fed's quote unquote dot plot, which shows what their expected policy is going to be in the future, indicates hike hikes are possible. But I gotta say, um, there was a couple things that I I heard in Kevin Warsh's first meeting that struck me in a similar way that Trump struck me in the past few days. I watched the son-in-law of Ron Lauder, Zionist billionaire, Epstein associate, friend of Donald Trump. I watched Ron Lauder's son-in-law, Ron Lauder, the head of the Estee Lauder cosmetic brand, owns about 9% of the beauty cosmetics market worldwide. Took it over when his mom passed, is originally passed to him and his brother, but his brother's gone now. It's just Ron. Ron's daughter marries Kevin Walsh. And now Kevin Warsh is in charge of the Federal Reserve. In fact, can we bring up the corruption map real quick? Can we bring up the corruption map real quick? Go to the right real fast. Okay, so that's Kevin. That's Kevin Walsh's wife, Jane Lauder. Okay, Jane Lauder serves on the board of Estee Lauder, but if we scroll over to the right, um, we could see that this is Ron and his family, and this is Ron Lauder. He's a direct Epstein connection. So we have family of Epstein associates running the central bank. Woohoo. Love that. Oh, and there's Ron and Howard Lutnick. Birds of a feather, right? They say that. Let's go back to that uh tab we were on. Nice memory. So Kevin Warsh gets up, says we're gonna have a rate hike. Looks like we're gonna have a rate hike. Let's go full cam. Um, I had a really interesting perspective of the first meeting. When the Federal Reserve meeting began, Kevin Warsh got up. It's first ever time leading the meeting. And it's a presser meeting. The actual meeting with the Fed governors happens that morning and the day before. So they meet for about 36 hours over those day and a half. Probably sleep in the middle, it's not a full 36 hours. And then he gets up in front of the press, gives a little 10-minute written-out speech, what's going on, and then he takes questions. But I gotta be really, really real with you guys, and there's gonna be a lot of you that do not like this take. It's not a take, I'm even comfortable saying out loud, to be quite frank with you. Because just like I was perplexed by Donald Trump's seemingly truth serum that's been injected into him by the thumb people from uh from spy kids like 2004. I didn't know they were still around. The same exact sentiment is what I'm feeling with Kevin Wars. He handled that meeting. I gotta be honest, I'm gonna take my glasses off of this because it feels silly talking so professionally. Um even though I don't think high-level professionalism is what anybody's tuning into this show for. I just gouged uh cucumber during the podcast into my mouth. So maybe the wrong maybe I should put sunglasses back on, actually. Bad call. These are Joe's sunglasses, by the way.

SPEAKER_05 52:48

That's the only reason I'm wearing these. Hi, Joe. I am just a realtor sitting in a basement in Delaware.

SPEAKER_04 52:58

But if I were given the reins to the Federal Reserve, had to schedule my first 10-minute speech, and state what we're gonna do going forward, I can't lie. I would have approached it extremely, extremely similarly to what Kevin has done. Let me explain why. One, he said there's gonna be no more future outlooks outside of that meeting. They gave their dot plot, they gave their projection, and like I said earlier, the projection is inflation wouldn't reach 2% again until 2028. By the way, that's a carrot on a stick that we've called out on this show for a year and a half now. For eight years, they have stated inflation is gonna be at this point in two years, even though it's here right now. All the way back to 2018. And it got even more extreme 2021 through 2023 when inflation was rampant. They said, Oh, yeah, yeah, it's bad now, but give us two years and we'll get this back to 2%. Then 2022, 2023, 2024, same exact statements. Guys, inflation's here. But we're gonna get it here in two years. Be kind, be patient, give me a moment, let me grow some cucumbers. I got I got a plan. Let me cook. And now we're here in 2026. Inflation's still here, it's even worse because of the war. And now we got a new Federal Reserve Chairman saying, hey guys, I know it's bad now. But give it two years and we're gonna get back down to 2%. So forgive me if I'm not optimistic about that outlook, but apparently that's the only outlook we're gonna get. Because Kevin Wars said we are no longer gonna be giving future outlooks, meaning markets are no longer gonna be able to listen in on these meetings and gain any future insight for forms of speculation. The central bank, our Federal Reserve, has been very, very popular for this, especially during the Jerome Powell era, but apparently that's now ending. Frankly, yeah. The way it should be is they receive the data, they uh disseminate the data, they let us digest the data, and then they move forward. Now, about the data. Here's another thing that Kevin Warsh, in my opinion, is doing right that has to do with the data. He's setting up five committees. Listen, I'm not running for a political position. I know it's it's been said before that, you know, Zachy should run for a local government. I'm really not interested, to be frank with you. I don't know where life's gonna take me, but at the moment, I'm really just not interested. I feel the system has a lot more problems than I could do to solve them if I were within the system. Um I'd rather disseminate and and uh dissect it from outside the system for now. But one thing I would do that frankly I don't know why more politicians don't do is admit you're not the smartest guy in the room. Admit you're not an expert on every single given subject. Like, for example, I know nothing about pharma. I don't know anything about medicine, I don't know anything about how how pharmacies work. I don't even know where they get their medicine. Does it there's a ship wholesale from the company that's created? Is AstraZeneca sending it straight to the pharmacies or in a wholesaler in the middle? You know, I I don't know how costs get to where they're at. I know they're too high, but I would set up a committee for that. I would find seven to ten of the most diverse, bright young minds around this given subject to come together over a period of time to tell me and my team what we could do to solve the problems that exist within the big pharma genre, cost being too high. Okay, I wouldn't attack that problem because I don't have any value to bring to that. Now, I would also probably have a housing committee set up if I were president, and I would I would attend those meetings, I would probably be a part of the of the legislation there because I have a little bit more, I feel, uh, actual value to give to that committee. Kevin Warsh set up five committees. Day one. He said, I'm setting up five committees. One on federal communications. And can we bring up this article real quick? We actually got the article, it states it. Says Kevin Warsh launches five task forces and first major policy change as a Federal Reserve Chair. Scroll down. It says the task force one will be Fed Communications. This first task force will examine Fed Communications, an area where Walsh has already begun making changes. He says, quote, you might have already noticed something, a difference in today's policy statement. It's a bit shorter, it's a bit simpler, and it's dispenses with some older language, Warsh said. Because he doesn't want to be giving investors the idea that they can speculate off of what he's saying. And that is now a committee that's being set up to ensure that communications pre-post and during these meetings is basically not leading on too much information. That that's essentially what this communication review is going to be about. And he's gonna have a whole committee structured on how they should be speaking to us. Which when you're responsible for your words impacting trillions of dollars worth of markets worldwide, probably should be set up. Should there be a bit more accountability and openness of the Federal Reserve? Yeah, abolish it. Replace it with a computer. But that's not gonna happen. I kind of agree with this committee. Let's go to task force number two. Task force number two says balance sheet policy. I'm gonna be keeping my eye on this one. It says a second task force will review the Fed's balance sheet policy, including the benefits and risks of the current, quote, ample reserves, unquote, regime and possible alternatives for implementing monetary policy. This is whether or not they will turn on the printer. So that's a committee that's been set up. Will we warm up the wheels of the great printer of the world reserve currency, of which 60% of the world holds? Will we rev it up? You know what my take is. Rev up those fryers. Rev up those fryers. I'm hungry. Ah the third group will focus on data collection and analysis. It will evaluate new information sources and methodolog method methodological, methodical. How do I say that word, Sean? Methodological?

SPEAKER_03 59:01

Methodological. Methodological. Methodological.

SPEAKER_04 59:06

It sounds like I'm saying methodological. Metathodolog. It's the two O's. Damn it. It's the ODs. It's the Odo. Methodological changes that could provide policymakers with more timely, actionable insights into the economy. Yeah. I love this. We should not be basing the employment data in the gig economy off of the U3 and the U6 unemployment rates. We should not be basing this solely off of surveys for the most part. We shouldn't. Two-thirds of the CPI index should not be survey data. We need to get real data, real numbers. I don't know how they access it, but you have the you have the world government at your back. Figure it out. How can we get real-time data? What's going on in this economy? So when we're making monetary policy changes, we're not making it on lagged bad data. Will anything come from this? Is it just good words? Yet to be seen. The fourth will focus on productivity and employment in an era increasingly shaped by AI and other transformative technologies. Quote, it'll survey the pace, the reach, the economic impact of new general purpose technologies, including AI, and explore the implications for the Fed, unquote, Warsh said. I don't think anybody within the sound of my voice could say that our political leaders and those in charge of the economy shouldn't be factoring in AI a bit. I don't know nothing about this AI. I can't even restart my router, right? But I think we should be looking in the AI. And I think the person in charge of the economy should have their ear on it. Having a committee for it. He's not an expert. Get a committee of experts. Now, who's going to be serving on this committee? When are they going to be meeting? What are they going to be meeting on? What results are they going to bring? All still yet to be seen. Great words, though, so far. I'll say great words. Task force five, inflation framework. This is an interesting one. It says the fifth task force will revisit the Fed's inflation framework, examining the drivers of inflation and evaluating different approaches to achieving price stability in a changing economy. Where says the groups would include experts from both inside and outside economics and would be asked to quote start with the first principles, unquote. I again I agree with that. And they're bringing in outside people. I I like the committee sync. I really like the committee sync. I like the no future outlook thing. And to be frank, he walked in with a bit of authority. He walked in and said, look, this is my first time on job. I'd be remiss if I was at any new job to not spend time meeting with the different divisions, meeting with the different managers, and figuring out how the system overarchingly is working and how we can benefit it, how we can grow it, how we can improve it, what are the problems, how can we solve them? He's talking to his people, he's voicing their concerns. He seems to have the backing of the board of governors. I know he's the son-in-law of a Zionist billionaire associated with Jeffrey Epstein, but in the last 48 hours, the two people that I would give the same definition to of being Epstein associates that are corrupt seem to be saying things that align with reality. Sean. Am I crazy for saying these guys are aligning with reality? I don't want to sound like some apologist.

SPEAKER_03 1:02:27

What do you think? I I don't want to give them, I don't want to give them too much uh blaze, is kind of what I think. I think I want to see what happens and um see where we go from there. I like it. Those connections are way too close for me to to think about supporting them. But like seeing all that stuff, yeah, that sounds great.

SPEAKER_04 1:02:48

Yeah, because Trump's saying what he was saying earlier, right beside Howard Lutnick.

SPEAKER_03 1:02:51

Let's see, let's see what happens.

SPEAKER_04 1:02:53

You know, also Scott Besson came out in that Peter Thiel list. You see the wired.com release of Peter Thiel and stuff. We talked about that, right?

SPEAKER_03 1:02:59

Yep.

SPEAKER_04 1:02:59

Uh he's on it. Yeah, Scott Besson.

SPEAKER_03 1:03:01

So we'll we'll see. You know, maybe he's saying all the right things, just like you know, politicians always do. So yeah, stay alert.

SPEAKER_04 1:03:09

This is a bang up cucumber, bro. Dude, you love them cucumbers. This is a banging like to be just raw dogging it with no ranch, no Italian dressing, it's gotta be a good game. Did you clean them?

unknown 1:03:19

Mm-hmm.

SPEAKER_03 1:03:20

Oh, okay. Yeah. Oh, actual blue. No, cucumber.

SPEAKER_04 1:03:24

Dirt, bugs, all that. I don't want any parts of that. Donald Trump, if you've been following, has been stating for over a year and a half that Jerome, too late. Powell needs to lower rates right now. We need 1% rates, 2% rates, 3% rates, whatever rates we can get, lower them. We should have the lowest rates in the world. Uh, when our economy's growing, we should also be lowering rates, which is a catch 22. It doesn't make any sense economically, at least in terms of monetary policy. When the economy's on fire, rates go higher. Rates don't go lower when the economy's doing great. When we're too white hot, growing too quick, that's when inflation becomes a problem. So they raise rates to counter it. Okay. But when you raise rates, you're also limiting credit and that can limit job supply. So it's a catch-22 that the Federal Reserve's always having to work with with these two tools at their disposal. But Trump's been very clear, regardless of your regulations, regardless of your policy, I don't even care how economics works. Get the rates lowered now because I promise low rates to the people, and we want to finance at a cheaper rate. The Federate controls the rate at which banks exchange money with one another. So, with that being said, when Trump was told that Kevin Warsh might indeed be keeping rates the same or even raising them, we'll hear the question in a moment. I would assume that Trump would be vehemently upset at the thought process of not cutting rates by two and three percent. Let's hear what he said.

SPEAKER_07 1:04:47

Because honestly, it's unbelievable. Say it. It's all right.

SPEAKER_00 1:04:56

Whatever. And it looks like they might need to raise them later this year. It's not clear. Do you have any questions?

SPEAKER_07 1:05:01

It could happen. I mean, I it's hard to believe. It just keeps a country down, you know. So it's so unusual. But we have a very good guy over there now, so I'm guided by what he wants to do.

SPEAKER_04 1:05:16

I'm guided by that. That is a presidential answer.

SPEAKER_06 1:05:27

What's going on?

SPEAKER_04 1:05:31

What's up? That's a good answer.

SPEAKER_03 1:05:37

That's Lauder's son-in-law. He knows what he's doing.

SPEAKER_04 1:05:40

Right, right. He might be just like, listen, now it's in the hands of those that control it. I don't need to worry about it. You can grab on the old people. Maybe he's officially like, you know what? It's above my pay grade now. I can't I can't be bashing this guy.

SPEAKER_03 1:05:53

He's reached the ceiling.

SPEAKER_04 1:05:54

Yeah, um, this guy is above my pay grade. I gotta play it cool. It's not my thing, but I'm gonna rely on him. It's just such it's it's it's extremely logical. All right. It's extremely logical to want low rates, to want to increase financing, expand credit. I mean, the Trump administration and family have grown in net worth billions over things like crypto and the ability to do stuff like that. Lower rates would just open the door to even more asset accumulation, uh, asset speculation, asset inflation, all follows low rates and money printing. So he'd love that. But it seems he's kind of taking his foot off that pedal. No sooner than when Kevin Wars steps in to replace Jerome Powell. Why? I think it's the thummies. I think it's the thumb guys. I think it's can we address them by their actual name real quick? Can you Google what are the thumb guys named in spy kids? I'm being very disrespectful by calling them the thumb people. Aren't they called the thumb- I thought they were called the thummies? And then when you reverse with their little um the soy kids!

SPEAKER_03 1:06:59

Thumb thumbs?

SPEAKER_04 1:07:00

Thumb thumbs. I'm so disrespectful. Thumb thumbs. Oh, whatever. And then at the end of the did you ever watch Spy Kids, the original one? Yeah. Yeah, because then at the end that they find out that the thummies have been speaking backwards.

SPEAKER_06 1:07:15

Like, oh, help us save us. Floopace evil, help us save us.

SPEAKER_04 1:07:20

Something like that. It was something like maybe I'm fever dreaming that, but I believe I believed I believe that was the ending of the movie is that the thummies were the people that had been transferred by Floop into thumb thumbs. Little minions. I don't remember, but that's the thing. And they had to speak and their their language was just English backwards, apparently. I don't know. Crazy concept. There was also a scene in that movie I remember to this day. I I was I saw it, and I remember as a kid thinking, man, the future's gonna be so cool. Where she the the girl spot kid um puts like a tablet into a microwave and then it just made a Big Mac. It was something like that. She just put like it was like a card or a little bag, and then she hit a button or two and it's like Big Mac. I was like, man, that's gonna be crazy when I can just make meals like that out of tablets in my microwave. But now we have data centers, so it's kind of the same thing. We're kind of equal on that, right? It's that's like a deal. Yeah, same thing. An instant Big Mac is a lot like a data center if we really dissect it.

SPEAKER_03 1:08:28

Dissect that. Yeah.

SPEAKER_04 1:08:30

We'll dissect that on a different example.

SPEAKER_03 1:08:31

Can I pull up an image that do you make that makes me think of? Yes. Uh, real quick.

SPEAKER_04 1:08:35

And then we gotta finish with Mr. Howard Ludnick, because he had a part to say in all this. Krabby Patty.

SPEAKER_03 1:08:41

Don't don't say it. Okay. Don't say it. This is this is how I picture it.

SPEAKER_04 1:08:45

This is what you picture as a data center. When I think of McDonald's. Can you get that inappropriate picture of Mr. Krabs off the screen right now?

SPEAKER_02 1:08:52

Holy fair space!

SPEAKER_04 1:08:53

I don't want to be demonetized for showing a pantless crab. This is what I think of with uh McDonald's anyway. Back to it. Because that's what they're gonna get us for, bro. Back in the day, they used to get mob. Like, I think Al Capone went away finally for tax evasion. That's what they're gonna get us for. They're like, we gotta get this guy out. Look, he's showing naked crabs. Get him off.

SPEAKER_03 1:09:13

Mr. Krabs.

SPEAKER_04 1:09:14

He showed Mr. Krabs bottomless in Bikini Bottom. We gotta get this guy out of here immediately. Amen, Sean. So let's pull back up into this corruption map real quick. I want to give a quick little review for us. If you're unfamiliar, it is day 139 since we learned that Mr. Howard Lutnick is a no-good, unfit leader who has lied to the American public. He's lied in the house of our own government, and he has stated repeatedly he had next to no association with the man who was his neighbor, Jeffrey Epstein. Can we zoom in real quick? Let's show this off real fast. Just so we're on the same page. Howard Lutnick has had his sons at Cantor Fitzgerald create products that profited off of Terra. Supposedly, it's all alleged, it's being investigated. He profited 15 to 25 million in 2013 on the American Airlines insurance payout of the people that passed in the towers on 9-11, of which he wasn't at for the first day in his 18-year career with Cantor Fitzgerald because he had to drop his son off at school that day. Okay. He was the neighbor of Jeffrey Epstein and bought his home in a line that initially started with Les Wexner, went then to Jeffrey Epstein, then to some guy named Nayute Goldman, whose dad started the World Jewish Congress and the World Zionist Association, and then it got sold to Howard Lutnick privately, all with $10 on there, even though that's just what attorneys put for large dollar purchases that they don't want fully disclosed. So it wasn't probably actually $10, but it came from the Epstein line. And he's Epstein's neighbor. And if you were to think to yourself, gee, a guy who's so well connected with the world's celebrities, politicians, royalty, and his job essentially is to discriminately connect and network with all of these individuals and slowly obtain blackmail that can control the orchestration of at least the financial system across the space. We have weapons trafficking, transhumanism. Children, unfortunately, are just the tip of the iceberg. And this guy is a guy that you don't think can pick his neighbor? And it happens to be the Secretary of Commerce, Howard Lutnick? The man who went to the island in 2012 for a Christmas vacay with his family and described his children by aged and lied about it because he knew how incriminating that was. And it only came out once he has his cabinet position, this picture showing the two together on the island with his kids, no less. This is a man who's deep friends with Sarah Ferguson, another woman who didn't happen to be in the World Trade Center on 9-11, also the ex-wife of Epstein constituent Prince Andrew. Howard Lutnick's face is on a mask at a dentist office on the island itself. All of these things connected. You can't for a moment think maybe this man should resign, be questioned, investigated, brought to a get local gallow near you. I don't know.

SPEAKER_05 1:12:12

But why pull up the next tab real quick? Great transition.

SPEAKER_06 1:12:18

We just saw Trump there. Why is Trump making these talks, giving these speeches, speaking at the Geneva Convention with this man behind him?

SPEAKER_04 1:12:30

We're not angry enough after seeing plain day. This man lies. He's a criminal. He is the least fit leader that I have seen, at least with public knowledge, currently holding their position. People have resigned for far less. People have been fired, tried, arrested, and sentenced for far less. From the financial crimes to enriching his family, lying as a government official, and then to just continue on as if it's normal to attend the Knicks game in the finals as if everything's normal, just sit court side with no security and nothing happens. We're not mad enough. And here's this man now looking at Donald Trump, apparently speaking with thumb-thumb tooth serum in his blood about the fact that maybe Israel should be thankful for this deal and they shouldn't be so mad at us. Mr. Howard, instead of giggling like he did when he heard that he avoided 9-11 multiple times when Trump said, Well, you owe your family a lot. And he's like, ha ha ha ha ha, I do. I'd be dead. He doesn't seem so giggly when he's talking about Israel. Let's play this clip.

SPEAKER_07 1:13:31

I think Israel too. Look, think of what Israel's getting. They're not going to be nuked. It's very simple. I told BB, BB, your biggest risk was that they pause.

SPEAKER_04 1:13:42

Does that look like the face of a happy man? Just Sean, real quick. And everyone play this game at home. If you just saw this was zero context, what emotion do you think this person is experiencing?

SPEAKER_03 1:13:56

Um annoyed. Maybe you're like, oh shit, he's about to say something stupid.

SPEAKER_04 1:14:01

I could see annoyed. I could also see, yeah, what are you about to say next? I could see that. Oh boy. Yeah, I could see what are you about to say. I could see annoyed. Um let's keep playing it.

SPEAKER_07 1:14:13

Nuclear weapon into the middle of the.

SPEAKER_04 1:14:15

Now how would you describe that emotion? If you were to describe that face right there, what would you describe that emotion as? We're playing this game at home. Feel free to play along. That's what I said. That's your emotion of choice. Yeah. It seems more disappointed. And that's not even a like a like a unique screen grab. He holds that face for a second. You can tell a lot by body language. We're body language examiners now.

SPEAKER_07 1:14:40

Of Israel. They don't really experts on this. And there would be no more Israel. Think of it, baby. You got the best, the most important. Let's replay that real quick. So he's saying nuclear weapon into the middle of Israel. They only need one. And there would be no more Israel. Think of it, baby.

SPEAKER_04 1:14:56

You got the best, the most He's sitting there shaking his head, chin down. He does not seem pumped about this deal either, and I wonder why. I wonder why he would be so concerned with this deal and how it doesn't benefit Israel.

SPEAKER_05 1:15:17

Can you play the song real quick just for reference?

SPEAKER_04 1:15:22

Somebody somebody listen to this real quick. This is my take. That's it. Yeah, that's my take. That's my take. It seems like he's mucking around in dangerous territory if what I just played for you is true. And I'm not going to be one that steps away from the Israel in control of America when we shape reform statement. I yes, does this go against it? For sure. I'll I'll state my my uh my clear and obvious five senses being able to look and see with my eyes and hear with my ears that this doesn't match with that theory. But I can also see the people that want that theory to remain true not seeming super excited about it. Mentioning prior, the Lindsey Graham's, Mike Huckabee's, and now Howard Lutnick not seeming to enjoy that. Babylon B put up a good one, and then we'll end off. Let's look at this last tab. Said Lutnick was such a joyful fellow until recently. What's it say? Oh man, Trump's handler suddenly less giggly.

SPEAKER_03 1:16:25

I like the the BB Buzzy B right here. The BB Buzzy B.

SPEAKER_04 1:16:29

Also, in that video, if we can just go back and real quick play it, it sounded, you know how Joe always has this uh way of saying that Trump talks in like a sexual manner. Yeah, like can you go like to the middle of it when you go like a little bit before that, like to the six-second mark, where he says, BB, BB.

SPEAKER_07 1:16:46

Oh yeah. Play that real quick. It's very simple. I told BB BB.

SPEAKER_04 1:16:51

I told BB BB. Oh man.

SPEAKER_03 1:17:00

That was a good good sound, dude. Doc, you can hear it.

SPEAKER_00 1:17:05

Crispy bite.

SPEAKER_03 1:17:07

Just that that's I watered these cucumbers so well. They're filled. I say that sounds like it groomed some nice nutrients with. Absolutely. What nutrients do cucumbers even have? Do cucumbers even have? I just know there's a lot of water in them. Yeah, like a celery. Yeah, that's about it though.

SPEAKER_04 1:17:21

We're gonna turn some of these into pickles, too.

SPEAKER_03 1:17:22

Oh yeah, put some put it in some vinegar.

SPEAKER_04 1:17:25

Yeah, we blew our daughter's mind with that, by the way.

unknown 1:17:27

Oh yeah.

SPEAKER_04 1:17:28

Blew her mind. She said, we're gonna make pickles out of these. So how are you gonna do that? By pickling them and letting them age. But how does it turn to a pickle? I said, a cucumber is a pickle. So what? I said a pickle was once a cucumber. And she just couldn't get over it for like 20 minutes. Wait, cucumbers are pickles? Brother. Are you for real? I didn't know that. You're for real? You didn't know that? Yeah. Yeah. Cucumbers are pickles. You can't grow a pickle. I mean, I knew I knew you could pickle things.

SPEAKER_03 1:17:59

Like I knew that put it in vinegar. I didn't know it was cuc okay. That makes sense. Yeah, a pickle is a pickled cucumber. Alright, that makes sense then.

SPEAKER_04 1:18:05

Yeah, I'm you could Google real quick, can you grow pickles? But I'm unaware if there's some new school process to skip the pickling. I've never thought about it. To my understanding, the only way you gain a pickle is uh not gnawing on the cucumber, saving the cucumber. Wait, so hold on.

SPEAKER_03 1:18:21

If you put tomatoes and vinegar, what does that turn into? Is it just is it just vinegar?

SPEAKER_04 1:18:26

Probably just a vinegary tomato. Okay. Yeah. Huh. I'm not sure. I'm not even understanding the pickling process. We're gonna do it this year. Oh, that's cool. But TikTok Pinterest are gonna help us out with that. Okay. So what do we have here today? We have a war that has a memorable memorandum of understanding that has apparently been signed with 14 points of the agreement, most of them aligning with what we have priorly reported. The only change being that we went from $24 billion in unfrozen Iranian assets and most of the sanctions dropped to all of the sanctions dropped in America, as well as our ally secondary sanctions as well. And we've gone from $24 billion in frozen assets being unfrozen to a hundred billion in frozen assets being unfrozen. On top of that, we have a lot of the Zionist-facing creators very much against this deal. Uh, members of Israel have even been reportedly stating they're very furious of this deal. Uh, we've seen the representatives of that country state the same. Bibi Netanyahu has stated they're gonna continue to bomb Lebanon, although Lebanon is one of the crux of this deal. Uh, I did say I was gonna reveal to you a survey. So, what I'm gonna do for you real quick is those watching on Instagram, I love you so much, but you're gonna have to watch this on the actual pod. Let me pull up my story real quick. People that have been sitting there watching for an hour that just got kicked off are gonna be so ticked. I'm so sorry if that's one of you. All right, so I have two things to share with you. One, before I share this number, I want to share something that's really cool. Um, according to Apple and Spotify, this podcast is officially one of the top 200 finance podcasts in America. Which is really cool. All right. Somebody sent that to us. I had no clue. I didn't know there were rankings to even check. They sent it both, and it's like 163 and then 150-ish on Spotify. We gotta so shout you out. That's incredible. And for those watching on YouTube and you want the Spotify podcast experience, or you think you'll just exclusively watch on one platform or another, if you want to support, you can leave a review, leave a comment, subscribe or follow on any of those platforms. We'll continue to post on all three. And as you know, if you're watching this right now, we do shoot this live. Uh, so if you have notifications set up for YouTube for when we go live, which is the Zach Fowl show, you can catch this live. And after this, I am gonna be going through the chat and talking with you guys. So me and Sean both. So if you want to stick around afterwards, that'll be fun. But here's that poll I put out. I put out a poll yesterday that said, based on the terms of the memorandum of understanding, if you'd like to give your opinion, answer the following. Who won the war? And I gave four options. One, the US won. Two, it was a tie. Three, Iran won. Four, war isn't over yet, so it doesn't matter right now. In your brain, that beautiful meat computer between your ears. It's gonna run your entire life that you're never gonna get to see. And if you do see it, you're probably not alive anymore. So it's kind of a weird little funny thing there.

SPEAKER_05 1:21:35

I think about the brain a lot. It's just a big pile of meat that's just running our lives. It's weird. I want you to guess who won first in that poll.

SPEAKER_04 1:21:46

Of those four options. US won, Thai, Iran won, war isn't over. Which one do you think won? My poll. There were a total of 3,300 votes cast. Alright, I'll read in order of lowest percent. Receiving 69 of the 3300 total votes, with 2% of the voting total, was the US one coming in last. 3% receiving 100 votes of the 3300 would be it was a tie. Receiving 46% or I'm sorry, 49% of the vote, 106 uh 1,634 of the 3,300 votes cast was Iran won. And in a very, very close second, with 1,555 votes cast, 46% of the people said war isn't over, so it doesn't matter right now. Where did that fall with what you said? I'm curious, because it seems like a dead-even split between Iran won or it's not over. I would cast my vote as, and we'll play the song after this to count us out. It's not over. It's not over! Because Iran cannot control Israel, and neither can we. Supposedly, maybe, but they gotta stop hitting Lebanon, or this deal's not gonna stand. Just not gonna stand. I'm gonna finish this cue. I hope you have a garden. I hope you're going to the gym. I hope you're getting outside and touching some grass. I love you. Have a great one.