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5 Ways to THRIVE in a TOUGH 2027 economy | ZFS 100
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Episode 100. Thank you for being here for every single one. Sean is out sick so Joe is on the boards, and today I am giving you five things you can actually do to not just survive but thrive in what I believe is going to be a very tough 2027 economy.
First I walk you through the setup. We just passed 40 trillion in national debt, and the interest on that debt is now over 1.1 trillion a year, more than our entire military budget. That has never happened until seven months ago. Scott Bessent says we will grow our way out of it. Nobody is buying our bonds, so the Treasury is doubling its own buybacks. The Fed is trapped between two mandates it cannot both satisfy, and Kevin Warsh, the same man who was there in 2008, is back for round two. The math is the math. They are going to print money. It is the only lever left.
Then I give you the five moves. One, grow your own food, because the UN and JP Morgan are both warning of a global fertilizer and food supply crisis heading into 2027. Two, lock in job and career security, because when the printing comes the job market gets tighter first. Three, hold gold and silver as your insurance policy against a weakening dollar. Four, hold your index funds and retirement accounts with diamond hands because they will print and it will come back. Five, hold real assets, dirt, housing, and the things that go up when the dollar goes down.
But this one is not just about money. I close on whole wealth. Your time, your mind, your body. Read the book, hit the gym, take the cold shower, put down the vape, drop the doom scroll. Your net worth is not your personal worth. And if you are a young man who wants more, I am starting a 90 day journey on September 1st called the 90 Day Life Max. DM me if you want in.
Here is to the next hundred.
Welcome in to episode number 100 of the Zach Fowl Show. We have made it to a critical three-digit number. It means I'm gonna have to watch my fingers more when I type these episode numbers out. Welcome in. Thank you for joining us on this journey of uncovering what's going on in this economy, how we can best prepare for it, and how to unweave this web of lies and propaganda and misnomers that exist all throughout this political and economic space. Hi, my name is Zachary Faust. Been a real estate agent for about nine and a half years, and about four years ago, got tipped off that this economy might not be everything that we uh we thought it was. And today, we passed a pretty critical number in uh in that conversation. We're gonna touch on that number, the debt. Uh, we're also going to get through today the Federal Reserve and the position that they're in. Because hear me. The Federal Reserve, what are they supposed to do right now? Are they supposed to raise rates? Are they supposed to hurt the economy more? They supposed to lower rates? Cause more inflation? We already got the war going on. We don't need more inflation. They're in a really tough position. All while they're printing money, foreign and domestic, we'll get into how they're doing it foreign. We'll get to that toward the end. And then also energy. Energy is the core of all of the issues that are happening at this exact moment. I think 2026, 2027 will be remembered as when this began, because I don't think it's going to be short run. Between oil, fuel, the costs associated with it, and even food, JP Morgan put out an article just yesterday that we're going to review that should send shivers down your spine if you eat. And if you're watching this, I'm assuming you eat. So it's probably going to affect you. So that's why at the very end I'm going to give you five things I think you should do to prepare yourself for, again, not trying to be blackpilly. Everything's going to blow up. Just we have history, we have evidence, we have theory that we've been tracking for the last hundred episodes, 99 episodes, 99 warnings levied out. You can go watch them. We haven't been off on many a take. We said to get into gold and silver earlier before it popped. We said to get in before inflation started hitting. Once again, it did. We said the tariffs were going to be inflationary, obviously. And we've called this war pretty much down to the moment as we sit in this two to four week excursion that has now lasted six months. So let's get into it. Let's start with the debt. Can we bring up this screen for us? Is it up? I can't though. Hell yeah. By the way, Joe on the ones and twos today. Joe say, what's up? Replacing typical Sean. Sean is sick. What's up? Replacing typical Sean. Sean is sick. Joe Baird, a fantastic man, always ready to basically just take up whatever position is necessary. Dude, I'm here to work. The utility player. Here for a good time and a workplace. Utility player, dude. Needed. Everyone needs a Draymond Green to win a championship. Everyone needs a Draymond Green. That's that's a bit of a compliment for me. That's a huge compliment. Thank you. That's a huge compliment. So we have the national debt clock pulled up. If you're unfamiliar with this website, it is usdtclock.org. We have officially passed $40 trillion worth of debt, but can I point our attention down a little lower? Let's scroll down ever so slightly to see where our defense budget sits. Our defense budget at this moment sits at a very minimalized $946 billion. Nearly a trillion dollars just to our military. And we may be raising that. I think 1.5 was the new number that they were talking about raising it to. Currently still below a trilli. One thing though, within this debt that I think don't doesn't get talked about quite enough, is the one that has that nice little uh warning symbol on it right next to the military budget. Interest on debt. Interest on debt. This is the cost of continuing our debt escapades. This is the amount we're paying to those that are holding our debt. And that number is $1.1 trillion. The cost of servicing our debt is higher than our military industrial spend. Does that sound right? If it doesn't, that's because it's never been that way until about seven months ago. Will this trend flip? I don't think it can. We're gonna get into that more. Let's play our first clip coming in from X, formerly known as Twitter. This is magic the cent talking about the $40 trillion debt number. Lock in with me. Let's watch this.
SPEAKER_05There's nothing magic about the 40 trillion number. Uh, and we can grow our way out of that. So, but what what what we just want to signal is pause.
SPEAKER_03Let's just rerun it real quick. Let's I want to hear that one more time. Run that all the way back. He says, We have to grow our way out of it. Let's hear that one more time.
SPEAKER_05There's nothing magic about the 40 trillion number. Uh, and we can grow our way out of that. So but what does that mean?
SPEAKER_10We have to grow our way out of it.
SPEAKER_03What does that mean we have to grow our way out of it? Well, simply put, we have to make enough money over top of what we're already not making, by the way, as a country, to be able to put money towards paying off this debt. Which is now at $40 trillion. Just for perspective's sake, we were sitting at about $12 trillion in debt during the 2008 financial crisis. Just to be very clear. Just to be very clear, during Trump's, I think what are we looking at now, six years in office so far, so far-ish? About $12 trillion has come in during his terms. Biden currently has the single term record for debt added. This we're not in a scenario where anybody's being frugal. And Scott, knowing this, has to give the only answer you can give. We're gonna grow our way out of it. Let's let's keep playing this real fast.
SPEAKER_05I think that there's been a lot of misinformation in terms of what's going on with the deficit, what's going on with the deficit to GDP. We actually had a fiscal consolidation for the calendar year 2025. You know, we we had we were at about 5.7% of GDP. And one of the things that's temporary here that's influencing the deficit. Jesus Christ, turn it off.
SPEAKER_03I can't even listen to this guy talk. This is the nerdiest individual I've ever heard speak. I can't listen to him speak about things. He is the most boring individual I've ever heard talk about these things, and finance is boring. This is just the guy they're sending out to give the boring remarks, the obvious remarks. Well, we know what we're headed towards. This is Scott Besent, everybody. Now, Scott Besent actually had a lot to do with what was going on in the news in the last week, and that's why I wanted to bring him into the circle, bring, introduce him as a character. Welcome, Scott. Let's go on to this next tab real fast.
SPEAKER_12Can I just say, please? This whole video, Scott looks like he's about to sneeze.
SPEAKER_03Sneezy Scott. That's what I'm saying. He's looking into the sun. Maybe it's maybe it's because he's a little squinty, he's got the sun above him.
SPEAKER_12Always looks like he's got to sneeze.
SPEAKER_10Alright, sorry.
SPEAKER_03Oh, that's good. Next tab. We're gonna get it, dude. We're gonna get it. This is Donald Trump um speaking toward what we just saw. Scott just said 40 trillion is not a magical number. Well, what's interesting is there was a time in America where 24 trillion was the magic number. There was a time when 24 trillion was a magic number saying if we got past that number, we are in for it.
SPEAKER_10One person who believed that as well? This man. Let's play this clip. Because we really do have to get going.
SPEAKER_08Because if we have another three or four years, you know, we're at 18 trillion now. We're soon gonna be at 20 trillion. According to the economists, who I'm not big believers in, but nevertheless, this is what they're saying. That 24 trillion, we're very close. That's the point of no return. 24 trillion dollars. We will be there soon. That's when we become Greece. That's when we become a country that's unsalvageable. And we're gonna be there very soon. We're gonna be there very soon.
SPEAKER_03Unsalvageable at the $24 trillion mark, we're closing in on doubling that at this point. Unsalvageable. We're closing into doubling at this point. By the way, also the energy shift from 2016 Trump to 2026 Trump is insane. The energy dip is insane. This dude was on one going on in 2016. The energy was next level. But again, we're we just keep moving goalposts. We're just moving goalposts for the sake of politics while the next person moving in knows they're going to increase it. That's the point of which I'm wanting to tell you today, guys. We're gonna walk through the Fed and energy. I want you to understand this is going to keep happening. Next tab shows us why it's gonna continue happening. Well, for one reason, is our debt needs to be refinanced. Okay, debt's not forever. When somebody takes out a little bit of our debt, like let's say, let's say, for example, America wants to buy a new section. Uh, we want to buy a new state. We want to have the 51st state. And we need to have a higher budget to allocate for all that's gonna go in for uh this new 51st state. And with this 51st state, we're gonna have to spend more money, more money than we originally allotted. So we're gonna have a deficit. Now, what do you do when there's a deficit? Well, what you do when there's a deficit and you want to spend money that doesn't exist is you make the money exist. At least in America, that's what you do. Now, the Federal Reserve could print via quantitative easing, the treasury could even buy bonds, but what typically happens is the government's just gonna issue out new bonds. And we're not gonna watch this one. That's fine. I just wanted to read the article. The the Fed, or I'm sorry, the the government's gonna issue new bonds. And what's the problem with this? Here's where the problem is. The problem is right now no one wants to buy our bonds. Really? Yeah. Other countries? Countries, I'm sorry, companies. I said countries twice like a dummy. Like an idiot. Countries, companies, investors, they're not looking at our bond like it's gold anymore. Like it's an easy bet. The value's been dropping on these bonds. Why? There haven't been buyers. Oh, and by the way, it's because we keep making more of it. And when more of something exists, it loses value. So hear me, these countries aren't buying our bonds up as much. So the Treasury decided, hmm, we need to do something and we need to do it fast. And what they decided to do, backed by Scott Bessant's decision, we can read down real quick, is they wanted to double the amount of bonds that we could buy back at the Treasury. It says U.S. Treasury Secretary Scott Bessant said on Thursday he may further increase the government's repurchases of treasuries, attempting it to jawbone a government debt market that was beginning to bulk at the previous day's surprise plan to double buybacks. Bessent, a former hedge fund manager with extensive experience in sovereign debt and currency markets, said the recent upswing in long-dated treasury yields to near two decade highs. Can you click on the treasury debt real quick and then we'll come back to this article?
SPEAKER_10Uh two over. Right there. These are the yields that he's talking about. 10 and 30 year treasury yields nearing all-time highs. Let's go back to that Treasury article. The vibrancy of the U.S.
SPEAKER_03uh the uh the two decades highs are basically hitting against the vibrancy of the U.S. economy. He also pointed to the Trump administration's plans to curtail government spending that has driven the collective U.S. IOU to the world worth of forty trillion dollars. And let's scroll down and see what he's going to do about it. In the latest, Bessent's increasingly in the latest of Bessent's increasingly interventionalist maneuvers, big words, the Treasury on Wednesday announced that it would double the size of buybacks on larger dated securities over the next quarter to at least $4 billion per operation. A move that for one day at least brought the administration some relief from the high bond yields that were rapidly driving up federal debt servicing costs. For example, if you were holding a 20-year bond, I'm gonna explain this to you real simple. If you were holding a 20-year bond and you bought that bond six years ago, and that bond was yielding you about 2.2%. Okay, if you had a 20-year bond, something you have to hold for 20 years, and it was yielding you about 2%. And you see today, go back go back to that bond yield, go back to the bond yield we were just on, real quick, that tab. And now you see you could get them for 4.7. What does that make you want to do as a holder of this old dilapidated debt? Old school debt. Old school debt. You want new school debt, new school debt's gonna yield you a higher return. Because when you knew you new school debt, when you look at this 4.7%, what that means, simply put, is that you're gonna get a 4.7% ROI if you hold that 10-year debt. If you're holding old school long-term debt that's only giving you 2% and 3% returns, what are you thinking? You're thinking I want to sell and get the new debt. So the Treasury understands this and they understand they're gonna start getting a wallop of 10, 20, and 30-year bonds that are gonna go unpurchased on these secondary markets. So what they decided to do is say, hey, we're just gonna make it easier for us to buy them back. Done. Simple. We're just gonna create an opportunity for us to be able to buy it back and hold it if no one else wants it. It's nothing to be afraid of that no one wants our debt. It's nothing to be afraid of that no one's wanting to invest in the long-term stationary uh ability of our country and companies within them to survive long term. It's it's not scary to think that the economic backbone of how we built ourselves on this debt is slowly cratering. And we can see that in the fact that no one wants the debt. That's not something to worry about. Just let us buy it back. Just let us buy it back. That's what the Treasury and Scott Bissent are saying is so long as we can increase the amount at which that we can buy these bonds back and just hold them, it's fine. That solves the problem. It's not. It's it's not gonna solve the problem long term. It's just gonna create an opportunity for more dollar weakness and an opportunity for yields to go even higher, which will force even stronger retaliation or whatever word you want to give it from our government. And I'm gonna end on that, by the way. I have one big large prediction that I want to give you, along with the five things I think you need to be doing going into the next year and beyond, to make sure you are sheltered from this. Maybe can even grow from this because it is going to be a tough economy in the next year. I'm not gonna sugarcoat it. It's gonna be a tough economy moving forward from 2026 and beyond. It's not getting easier. There's nothing in the pipe that's gonna make this stuff simpler. There's nothing in the pipe that's gonna ease our debt. There's nothing in the pipe that's gonna ease inflation. There's nothing in the pipe that's even gonna ease this war going on. Let's start from square one. So I'm just gonna go ahead and tell you 2027's not gonna be incredible. But because of that, the government's gonna make very specific moves that we can kind of foretell. And if we can foretell those moves, maybe we can make moves now to set ourselves up for him. I hope that makes sense. We're gonna get to that.
SPEAKER_10Um, let's go on to this next tab.
SPEAKER_03Let's listen to Peter Shift, uh, good friend Julian Dory. Now I'm I'm connected with him now. We're we're talking almost on a daily basis. Julian's such a good guy. Uh, has a podcast he does out of Hoboken. Look, right here, he's on episode 464. We got a lot to catch up. Uh, he had Peter Shift on the other day talking about the economy. Worth a listen. Very much worth a listen. Peter really knows what he's talking about. Um, let's bring this up real quick. I want to listen into a good majority of this, so lock in with me.
SPEAKER_09Which will probably be 50 trillion in another three years. How does it even, Peter? How does it even get there? Like people at home, when we look at this, we're like, this is monopoly money. How do we have debt at 40 trillion and see that in any way sustainable to where, to use your term, like it's not a bubble that's gonna pop tomorrow?
SPEAKER_07It's well, it's not sustainable. Um and and you know, even the people in Washington at the Federal Reserve will will say that it's not sustainable, that you know, we have to address it, but they overlook the fact that nobody addresses it.
SPEAKER_09Yeah.
SPEAKER_07You know, they'll talk about how we're on an unsustainable path. Yes, but the destination is, you know, we could get there any day. They, you know, they don't know when we're gonna become a it's gonna become a crisis.
SPEAKER_09Yeah, look at that. Look at the where you started, and uh even a little after you started looking at the first bubble, it was five trillion.
SPEAKER_07Now look where it's well that's well, five trillion, it was a lot lower than that. If you go back to you know 2000, the peak of the the uh the Nasdaq bubble. But the reason that we have 40 trillion in debt, and again, that's just the tip of the the iceberg when it comes to what the US government owes. Right. Because the U.S. government is obligated to make a lot of payments in addition to the the treasury debt that that's outstanding. The government guarantees mortgages, the government guarantees student loans, the government guarantees bank accounts, the government guarantees pensions, the government has obligations to uh um its own workers' pensions, Social Security, Medicare, all that. You know, you're talking well over $100 trillion in unfunded liabilities. So the unfunded liabilities, which are still real, which is still money that the U.S. government is on the hook for, right, that dwarfs the $40 trillion that we're talking about here. But it's all part of what the government has to pay. But why don't we see that on a chart? I don't like it. Because they yeah, that's not part of the national debt, because the national debt is just the money the government has borrowed and has committed to the government.
SPEAKER_03It's not the money that they owe necessarily. That's what and he talks about that on that podcast about the money that is also owed by our government that is not seen in that $40 trillion number. But the point of it being is that $40 trillion number is going to keep exacerbating itself. And he said it right there. Everybody will say we're on an unsustainable path. And we saw even Trump back then, Obama probably said it at some point. Bush probably said it at some point. I know Clinton said it at some point because he actually kind of had a handle on it for a bit, that we're on an unsustainable path with our debt, yet nobody's doing anything about it. And we keep sending our money overseas and we keep doing things that are leaving us have to spend more money, like war. Like we can't have healthcare, but we can fund a war. Explain that for me. To summarize, the debt is a problem because of the amount of money we're gonna owe moving forward to the investors who are re-upping their debt for that new fresh debt, to the countries that don't want to hold our debt anymore, and by the way, have a lot of it. Japan holds about $1.2 trillion worth of our debt. They're starting to sell it. I'm gonna get into the yen in a little bit, but to summarize the fact of why you should worry about the debt, not you personally, but our government. I want you to worry about like touching grass and going on walks and stuff. Is we can't afford to keep paying it back without printing money. Which is the point of which I'll get to at the end. We can't keep servicing the debt and keep our economy running and our GDP expanding and people not losing jobs without printing money.
SPEAKER_10It just can't the math, don't math. I'll catch up more on that at the end.
SPEAKER_03Let's get into the Fed. Let's get into the next uh bit. Let's go to that uh ex post right there. X post right there. Oh, yeah, it's Mr. Scott Besson again. Mr. Scott again! I love this. He's about to sneeze in this screen.
SPEAKER_09He's about to sneeze right there at that exact moment.
SPEAKER_03What is this face he's making? I swear to God, though, if you've ever filmed Filmed outside on a sunny day, you have to basically film with your eyes shut.
SPEAKER_12So I get it. He might have that genetic thing where he has sun sneezing. He might be allergic to the sun. Is sun sneezing a thing? That's a it's a gene.
SPEAKER_03It's rare, but it happens. That looking at the sun makes you. I've heard of looking at the sun help to make you sneeze.
SPEAKER_12If you have to sneeze, you're allergic to the sun. It's a thing.
SPEAKER_03Guys, back me up here. It's a thing. Okay. So the Federal Reserve, let's go to the Canva graphic real quick, and then we're going to pop right back to this video. So the Federal Reserve, we've gone through this Canva graphic a few times on the show. The Federal Reserve has two mandates. It's first one is to keep prices stable. You see mandate number one. Joe, could you move your could you zoom in on price, keep prices stable real quick? Because if you can't see it, no one else can see it.
SPEAKER_10Keep prices stable, and let's scroll over to the right.
SPEAKER_03And to keep jobs strong. Jobs need to be strong. We need to have a good job market. That is one of the Federal Reserve's mandates. The other, keep prices stable. Quick vibe check. Over the past six years, how has the Federal Reserve done in keeping the job market strong and prices stable for you and I?
SPEAKER_10How have they done? I don't think anyone's giving glowing remarks.
SPEAKER_03I don't think anyone's leaving like a 92% on Rotten Tomatoes for the Federal Reserve right now. Personally. Personally. But if we go back to this video, I want you to hear Scott's take on the job market. Now, Scott doesn't work for the Federal Reserve, it's for the Treasury. It's different. But all while we're seeing numbers of layoffs, we're seeing numbers showing that private jobs aren't being created near the level we need. 25 to 34-year-olds are leaving the workforce at a higher level than we've ever seen. Also, we're seeing that people are staying at their jobs longer, one reason or another. And why you'd want to do that? They're staying at their jobs longer, so there's not as many job opportunities, especially good ones. We see these all in the numbers. Even Federal Reserve Chairman Kevin Warsh will state the job market doesn't look great right now. We're not creating enough jobs. But Scott had a really interesting take, really interesting uh, whoo, let me flip this on you in this video. Let's watch.
SPEAKER_01You know, I just wanted to get your read on the economy as we see oil prices marching higher again. We have seen tremendous resilience, as you noted, from the consumer, but there are signs that the job market may be cracking a little bit. Got a weak job job report last month. I I'm curious about your assessment uh as as to how much we can handle all of this.
SPEAKER_05Yeah, I I think the jobs numbers are quite noisy. And again, sir, the the other thing that's important too is like the jobs that we're seeing are going to Americans. So after the deportations that we've seen during President Trump's administration and the closing of the border, that like the this unfettered migration. Uh we we don't need to produce as many jobs.
SPEAKER_03And you know, that's his take. We don't need as many jobs, guys. The job market looks bad because you don't need it. The job market doesn't have opportunity for you to make a menial wage to support your family because the immigrants are gone. They're gone. You don't need to make enough money to buy a house. The immigrants are gone, they're not coming in anymore. We don't need new jobs. We the H1B ones. No, no, no, no. We're not talking about that. No, we don't need these. We don't need new jobs. We don't need that. It's okay that we have a 5.6% unemployment rate for those that have graduated that are under the age of 30. They're not the most educated, energetic, ready-to-go people for the labor force. That's fine. It's cool that more than 50% of those that are under 30 are choosing to live with their family, probably not by choice. That's fine.
SPEAKER_12That's fine, right, Joe? Dude, the craziest part is he's like, we don't need more jobs because we're getting rid of immigrants. But like, immigrants live 30 people in a single wide.
SPEAKER_03So to be like, we're opening up jobs for Americans that can also afford to live 30 people in a single wide is just it's a crazy And what you're saying is not is not crazy because I've walked through so many properties myself here just in Delaware, which does not have a huge immigration problem. We have immigrants for sure. Sure. Haitian, Latino, but not a huge problem. Yeah. We have more of a homeless drug problem.
SPEAKER_12Yeah, yeah.
SPEAKER_03We'll deal with that, something different.
SPEAKER_12But I could go on for days.
SPEAKER_03When you walk into these properties of where these people are living, I mean, we're talking five, six, seven families deep in a three-bedroom.
SPEAKER_12Yes.
SPEAKER_03Yeah, three, yeah, even is even smaller.
unknownYeah.
SPEAKER_12It's crazy. Small properties like why do you guys want us to make new jobs when we're making these ones available?
SPEAKER_03And the jobs that they have available, like the job, the the the Purdue plant that just shut down. Does that have anything to do with them losing immigrants? I don't know. Because that's a large part where, especially here in Milford, especially uh Haitian immigration, a lot of them work at the Purdue plants. What jobs are we talking about? The only jobs that I will go out 100% and say that a foreigner is taking that is of high income is an H1B1 position. And we're doing nothing to stop that. Absolutely nothing to stop that. In fact, they said we're not smart enough to have those positions. We have to have those available.
SPEAKER_12Well, that's fair because they put lead and poison in all the water and they build all the homes with us.
SPEAKER_03Yeah, they may not be wrong that we're stupid, but you caused it.
SPEAKER_12They're like, we made it environmentally impossible for you to fully develop a brain and avoid cancer. You're not smart enough for these jobs.
SPEAKER_03Point of it being, Federal Reserve has two mandates. They have a mandate to keep prices stable for you and I and to keep the job market strong. No matter how we sugarcoat it, job market's not doing great. People that don't have jobs right now reporting it's insanely hard to find one. They report job listings that are ghost listings. They're reporting that when they go and actually apply and get an interview, a large amount of time, they're getting an AI interviewer. And we even have reports that AI companies have started putting out these fake job listings to start developing a social score around applicants that follows you from application to application to help the consumer be better prepared for the job application process. No, it's to help the corporation to hire better. And in a market where we're already seeing techification, automation, AI leading these corporations to find ways to save money? Guess what? They're doing it. They're doing Do you want to know what a red flag is for the economy? It's when the place that you worked at stopped doing pizza every other Friday.
SPEAKER_10Has that happened to you? Has the toilet paper gotten worse?
SPEAKER_03Did the did the once-a-year excursion go from we normally go a state over to now we're doing something local? Is the open bar paid bar? Right? I'm just saying, these are little things. These are little things, but these are the decisions that get made at the big offices to keep from having to make worse decisions. Instead of firing you, we're just gonna make the experience a little uh less experiency here because we need to focus on our shareholders. And the only way to focus on the shareholders is to create profit. And when costs are going up, meanwhile, all these stupid laborers are saying they need to make more money to survive, we gotta do something so they get rid of pizza on Friday. These are the little things, the recession indicators that we can kind of see happening, and that people are reporting all throughout the country that their own labor, they're seeing it within their own company. The slow, small little benefits are dissipating. Pizza's gone. By the way, it's another pizza one. You know where I've never gotten pizza, and I've been an avid member for seven years. Planet Fitness. I have never seen a slice of pizza Planet Fitness. And I always thought that they were the Pizza Planet Gym.
SPEAKER_12And I'm disappointed. No, that seems on brand. This I don't think a gym should give you pizza. I agree. I fully agree. If I went to a gym and they were like, guys, you earned pizza, I'd be like, oh, this is not the gym for me.
SPEAKER_10What movie is it gonna be? No Disney movie, okay? Guys, we're we're on a parental break. Somebody asked if they could watch a movie. It was approved. You're approved. Stamp of approval. Love you.
SPEAKER_03So the foundation of what we're sitting on is a foundation of debt that cannot be satisfied. Secondarily, we have a Federal Reserve that is in a catch-22 with no matter what the Treasury Secretary says, a flopping job market and an ever-inflating economy. So what does the Federal Reserve do here, guys? If you're the Federal Reserve, if you are Kevin Warsh, Chairman of the Federal Reserve, how's this doing for the audio?
SPEAKER_10Can you hear that? Sick. I have a little ADHD toy now.
SPEAKER_03Can we pull back up our graphic? For those listening, I want to go uh through this Fed graphic real quick. Federal graphic, I'm sorry. The Federal Reserve Canva graphic real fast.
SPEAKER_10For those listening, I want to be clear about the Fed's position here. The Fed's two mandates are to keep inflation down and to keep the job market stable. So, what do you do as the Federal Reserve when these are your two mandates and neither one are going well? Well, they really only have two typical levers at their disposal.
SPEAKER_02They can raise rates or lower rates. Keep it real simple.
SPEAKER_03They can raise rates, they can lower rates. And these aren't your mortgage rates, these are not your car rates. This is the rate at which banks get to lend money to one another. And if this rate goes up, it constrains credit. Banks aren't gonna move as much money. If you lower the rate, it expands credit. Banks can move more money. And when you expand credit, typically the job market improves. Why? There's more money available. Pizza Friday comes back. The toilet paper improves. It's easier to make these decisions. So you might ask, well, why doesn't the Federal Reserve just lower their rates now? Well, then there comes the catch 22 of that. If they were to lower rates and expand credit, they're probably going to send inflation up. And if they were to send inflation up, well, that means prices for you and I go up. So if they improve the job market, they're basically saying, screw you to their other mandate.
SPEAKER_10Let's flip it. What if they did the opposite?
SPEAKER_03What if they raised rates? What's the point of raising rates? Well, if you raise rates, you actually curtail inflation. Why? Because you're curtain uh uh constraining credit. Less money flowing around. So inflation goes down. Okay. Well then why doesn't the Federal Reserve just raise their rate?
SPEAKER_10Well, if they raise their rate and constrain credit to lower inflation, there's gonna be less jobs available. So you see where they're in those catch-22 if they cannot satisfy both problems.
SPEAKER_03It's a very similar situation that happened last time Kevin Warsh worked at the Federal Reserve. Did you know that Kevin Warsh, the current chairman of the Federal Reserve, worked at the Federal Reserve before? He worked there from 2006 to 2011. He showed up just as the job market was getting constrained.
SPEAKER_10Just as this dual mandate was getting called into question, as bond rates were starting to soar. And the Fed here is in the in my opinion, an even deeper pile of maniacal doo-doo in terms of what decision they are to make now.
SPEAKER_03Because frankly, their only decision is going to be to print money.
SPEAKER_10It's the only thing they can do. It's the only thing they can do. Because here's why. We have to constrain inflation.
SPEAKER_03We already know this is gonna be a gigantic midterms topic. We know it'll be a gigantic topic in the next general election. So, politically speaking, inflation's a huge topic. Logistically speaking, the cost you're paying at the pump, the cost you're paying for health care, childcare, your car, very important.
SPEAKER_10So they're gonna have to take care of it somehow.
SPEAKER_03But an easier way to solve the problem would actually just be to get financing rates down so that people can buy homes and get cars again and throw more money into the system so maybe more jobs could be created. Is there a way they could get rates down for you and I and throw more money into the system? Because if they had a way where they could somehow lower financing rates for you and I and throw a butt ton of money into the system to save it, well, that might be what they do. And what I've explained to you is quantitative easing. It's when they buy up all the long-term bonds off the market like they did in 2008, they did in 2012, they did in 2014 through 16, and they did again in 2020 to the tune of $4 trillion to save it because they ran out of moves. They ran out of moves. And their only move remaining was we have to print money. It's the only way we're gonna get financing rates down to be able to expand credit throughout our nation and to get this economy unfrozen, unstuck. They had to print money. You look like you're about to say something just Einstein over there.
SPEAKER_12You got something shifting over there.
SPEAKER_11The energy coming out of the room with the studio. I've never seen such energy. My dude just solved something. I need to hear it.
SPEAKER_12I don't know what I did. I just had a thought that like opened up a million questions in my brain. Based on the simplicity of how people look at this chart. So I'm gonna bring the share back up. Keep prices stable, keep jobs wrong. The theory is that if you raise rates, there's less inflation, you lower rates, there's more inflation, but if you raise rates, there's less jobs, there's lower rates, there's more jobs. And it's based on the amount of money available to invest in the economy. So the basis of this argument is when corporations have cheaper access to money. Banks. Banks.
SPEAKER_03Because this is bank exchange rate money.
SPEAKER_12That businesses end up creating more jobs.
SPEAKER_03Correct, because the banks are able to push out more money into the system.
SPEAKER_12So I don't think that's true anymore based on that date in November 2022. I actually think if you lower rates, it doesn't create more jobs, it increases AI worker spending. This has never been tested in a market where the number one resource for labor isn't human beings.
SPEAKER_03I will counter that with one thing. I don't think AI is yet a superior to human labor. It's not outside of coding a website. You're 100%. But it's getting better and getting closer to that. Yes, especially like genre by genre.
SPEAKER_12For the past four years, has it been getting significantly more investment?
SPEAKER_11Absolutely. Oh my God. So it doesn't matter.
SPEAKER_12More than anything for AI is better. It just matters if the people with the money are willing to spend it on it. And that's where we are. So the rules for inflation, I the thought I had was do not apply to tech companies invested in AI. Because they actually will not create more human jobs. They will continue to invest heavily in AI infrastructure, which, based on the graph we see of new jobs created versus the S P 500, is actually not creating new jobs. And that's what's holding our economy afloat and holding our stock market afloat, according to all these experts. Yes, AI tech spend. This is now obsolete for the number one crux of our economy, based on that simple thought process. And you'd say obsolete based on that if new money were to be added into the system. We're spending most of it on artificial intelligence to do human tasks right now.
SPEAKER_03Well, this tunic. Okay, so yes, when we talk about like the top 1% hyperscalers, yes, if they had access to more money, cheaper money, I'd devil advocate devil's advocate with you. They're actually probably not as worried about the going financing rates because they're utilizing private credit.
SPEAKER_12Correct.
SPEAKER_03BlackRock, Blue Howl, Blackstone, they're going through private credit. So though I'm sure the world's credit rates have to do with that, it's a behind closed door deal. Um I'd also say that if we had more money flowing into the system to allow for more credit creation, I'll speak to like the small business. Being able to obtain a small business loan at a lower rate, or even having obviously more grants that could be created if we were to print money and do it right, because there are ways we could print money and do it right, put the money in the right spots. Just to be clear, when we do print money, it goes to the banks. Okay? The banks get the money from the Fed. It's a trade-off of the bonds that they have. Where did the money come from from the Fed? It was invented. So there's all this new liquidity that floods into the system, and then the banks get to kind of do with it as they please. Does that lead toward the greedy topic of the day?
SPEAKER_09Yeah.
SPEAKER_03And right now the greedy topic of the day is AI for Shorsky.
SPEAKER_12But I just think the way we've seen investment in AI for the past five years, I don't think these simple levers of when we make more money available, because this is the most basic breakdown of trickle-down economic theory ever. If we make more money available to the rich, they will invest it in creating more and they will create more jobs. That changed, I think, with AI.
SPEAKER_03I don't think the AI industry we don't there's no and there's no real way to unspeculate. Yeah, there's no way to unspeculate ourselves out of this conversation. Just create a million questions. Yes, we haven't tested this. We haven't seen the Fed like the last time we saw the Fed rate drop to 0% uh was 2020. We didn't have the AI threat then. You know, the last uh the most affordable time in history for America was 2012 to 2022. We didn't have the threat of AI during that time. Did we see jobs getting created? 100%, but we didn't have AI. So your theory is if we were to get to a point where rates were to drop significantly, we were to get to a point where money was flowing in the system, liquidity was flowing at a high rate again, is the money would shift in a different direction than just supporting the labor force.
SPEAKER_12Yeah, based on this little chart where it says lower rates create more jobs. I don't think that would happen now.
SPEAKER_03I think it okay, so I think it creates more jobs. Your argument is it's creating far fewer jobs than it would have in a non-AI environment.
SPEAKER_12In a way that's detrimental to the lower class and middle class. Printing money's always detrimental to the lower middle class, but yeah, even more than ever.
SPEAKER_03Right. They've accelerated that damage curve. Well, just to say more than ever, I'm gonna get to this. I have my notes for the QE side of this, but if they were to print money. You ever done drugs?
SPEAKER_12A hard one? Oh no. No? You never done a hard one? I've blacked out a few times. On a drug? No, on alcohol. Well, I guess it is a drug. Yeah, dude. So any drug's hard if you do enough of it. I've been pounding creatine.
SPEAKER_03My eyes are going black. The thought process around drugs is pretty simple. I don't know which one, I'm not gonna shout one out. Pick one in your call in your call in your head so I don't have to don't don't say a word. Don't say one because then the the algorithm should be like drugs.
SPEAKER_12Tell your story and then I'll pick one at the end. How's that?
SPEAKER_03Yeah. Pick one of your choice. If you were to start it and you were to get this nice, beautiful little high, you're like, wow, things are nice with this. I like this. I like where things are at when this is here. And then it starts to dissipate, right? It starts to fall off. And you start to think, how do I get that feeling back? Well, biologically speaking, the only way to get that feeling back is to take a little bit more. So you take a little bit more. You're like, wow, I really like this. I like where this feeling takes me. I like how things are when I'm doing this. And it dissipates. And then the cycle continues. Now, in 2008, we had a liquidity crisis. We also had a liquidity crisis in 2016, and at the end of 2019, that got largely covered up by the media around COVID. A liquidity crisis is as simple as this. There isn't enough money flowing in the plumb, uh, the plumbing system. The plumbing system of the American dollar doesn't have enough water going through it. Think of liquidity as water. So when we print money, we're adding liquidity. We're adding water to the pipes. But this liquidity is a drug. It's an artificial addition to a once was Free market economy that just like you mentioned, Joe, allowed for the corporations, the banks, the entities, the governments to take advantage of the new money in the system to benefit themselves and not the betterment of the people. And what we found was through 2012, 2016, a lot of companies were like, shit, I really like this. I like how this makes me feel. I like how this economy feels while we're doing this. And then we get into 2019 and we get a crisis. We get COVID, and then we print and are like, shit, look at this. I love this. So many seasonal jobs are created, profits were through the roof. Companies were like, I really like this. I like the way I feel when we're doing this.
SPEAKER_10And now we're not doing it. Now we're not doing it. You're meaning to tell me that all these little meth heads running around?
SPEAKER_03Oh, I said it are like, nah, I'm good. I don't need it anymore. I'm fine. I'm all natural. Do you think that's the case?
SPEAKER_12I don't think it's the case. There is a certain part of psychology where the one of the key fundamental symptoms or traits of addiction is that you will willingly harm or put aside all consideration for the safety or well-being of others in pursuit of the thing that creates that feeling. Sounds kind of familiar. Sounds kind of familiar.
SPEAKER_03Rich guys. And so in 2025, we called this. We nailed this back in March of 2025 on our very first episode, or was it April's, maybe April 2025. Someone's gonna go back and be like, E lied! One of those two days. Our first episode was about the Federal Reserve is gonna have to print money this year. If not by Q1 of 2026. And by December, they started printing money. But the thing about it is there's this thing called reserve management. They were adding like 40 billion, 30 billion, 28 billion.
SPEAKER_10Brother. How do you feel if you were running a rehab institute?
SPEAKER_03How do you feel your success rate would be if you had a bunch of meth heads walking in and you started just handing out nicotine patches?
SPEAKER_10How would that work? How would that work? I don't think it would work. Not good. I don't think it would work.
SPEAKER_03I think they'd be like, I came here for some harder stuff. And that's what I think is gonna have to happen. We're at a point where we have decided to choose debt inflation. We have chosen the path of just infinite debt. It's gone. The decision's gone. The debt's never being paid off. The decision's been done. It's written, it's in stone. Nobody's gonna do anything about it. Everyone's gonna yell about it. Everyone will use about it. You're gonna hear all about it in the midterm campaigns. You'll hear all about it for the next two years about whoever the fuck wants to run for president. Sorry for cussing. But the problem is no one's gonna do anything about it. Why? No one's gonna want to go down in history as the person who unraveled the economy that sits on it. We sit on an economy of debt. The way we exist as a country would cease to be if we were to pay down this debt. And the thing about it, if you look at like modern monetary theory, we don't even need to pay down the debt.
SPEAKER_12But go ahead. Yeah, if evolution's real, how come the part of our brain that exists where we stop enjoying things unless more? You know what I mean? That's very true. Stop. We we we need more. We have more. When is the evolution part of the brain gonna kick in and be like, hey guys, you have enough, you like it now? When is the brain gonna evolve?
SPEAKER_03It's interesting because I do imagine, I do imagine there was a point where we're like we were in caves and we were foraging, and like you gotta knock out, you gotta knock out your life elements, right? We need water, we need shelter, we need food. But like, I I do think about that.
SPEAKER_12How could the brain not evolve to be like, hey, we're good now, guys? You can stop fucking hoarding.
SPEAKER_03But I don't think they even did it. I imagine there was a caveman, they got it all set up, they had their little 20-man community, women, children doing their thing, the food settled in, the scavengers are locked in, we got our water source, our shelter.
SPEAKER_10One of them had to be thinking, How do I start a business out of this?
SPEAKER_03I could make more of these. I got this, I got this community locked in. I could go lock in more community. Like there I think the passion for more has always been there, but when did that passion for more get so individualistic versus more for the betterment of the people around us? Maybe I'm speaking too altruistically. Maybe I'm speaking too altruistically. Maybe that's never been the case, but it seems like we're only caring about right now, and that's why I think we will have to print money. By the way, um, I want to bring up a couple inflation numbers just so we can wrap this up on the Fed, and then I want to lock in on energy before telling you what to do with this information. Let's pull up the Bureau of Labor Statistics. This is, if we scroll down to this table, inflation, but not inflation as you're typically seeing it. This is PPI inflation. Typically, PPI inflation is gonna run a little hotter than what we'll see end up being consumer price inflation. But producer price inflation is the inflation in cost for the producers of the goods and services you use. So before it ever makes it to the shelf, this is the cost increase or decrease that those facilities are facing. That's a big number for us to look at for future inflation for me and you. And if we look at 2026 PPI inflation, let me read it on from January up till July when we have the data. January, 3.1% year over year, February, 3.4% year over year, March 4.3% year over year, April, 5.7% year over year, May, 5.9% year over year, June, 5.5% year over year, and July just now starting to settle down at a gentle 4.7% PPI, which hasn't been seen. Uh, just so you know, 4.7 was not seen at any point all last year. 4.7 wasn't seen at any point in 2004. In fact, we got to go all the way back to February of 2023, coming off of the Biden inflation crisis that happened after COVID to find 4.7 once again. So these are exceedingly high numbers, and they're going to forewarn the coming consumer inflation, which is why when we go to the next tab, where we'll see consumer price inflation, scroll up just a little bit. I want to go that graph up there, the one up top, right there. Where we see, I'll read the same exact numbers for CPI from January until July. We have 2.4% in January, 2.4% in February, 3.3% in March, 3.8% in April, 4.2% in June, three what did I skip a month? 3.5%. What month did I skip? I skipped May. Uh 3.5% in June and 3.4% in July. I'm telling you right now, read them and weep. That number's gonna be higher in August. Just because of math, not like predicting anything. Um the main reason it even dropped down from 4.2 to 3.5 was due to oil. And the fact of the matter is, oil only dipped for a certain period of time and then spiked back up toward the end of July. So you may be asking, well, why is the inflation rate so low? It's because they take the average of the entire month for oil in these prices. So the average wasn't that severe. But as of today, we are sitting at a oil per barrel or a dollar uh per barrel of oil at around $89, which 63 was the pre-war level. We're gonna be above 3.4% in August. I I would guess, I'm gonna throw my guess out, 3.6. I'll throw my guess out, 3.6. Just a guess. Just a guess. Probably month over month, like 0.2%. Because of math, just averages. A lot to do with the war. The tariffs have largely worn off from inflation. But the fact of the matter is inflation is here. To summarize the Fed, inflation is here, it's not going away between tariffs, the war, corporate greed, inflation is just not going away. And the job market is not good and not getting better. The job market is not good and not getting better. There aren't even little niches I can find where it's improving, to be honest with you. I I've looked for them, and and I want to find the spot where this person's succeeding, but the only places that's happening is in the entrepreneurial space. It's not in the typical labor market. It's not in going to a job where you plan to be for there for 20 to 30 years. That job market, especially the entry-level white-collar market, is struggling severely. Where we can definitely see some opportunity in the future. This is just speculating, working with your hands, labor. We're gonna get into that at the what to do at the end. I want to finalize with energy. We just talked about oil. We just talked about oil. Can we bring up this uh bring this up real quick? Oh, we skipped over this.
SPEAKER_10It's fine. We're gonna skip it. We're gonna skip it. It's okay. We're gonna skip it. No, no, no, no, it's fine. It's fine, it's fine, it's fine, no, no, no, it's fine.
SPEAKER_03Yeah, we'll we'll stop right here. We'll stop right here on Donald Trump. But bring it up full screen real quick. So we're living in a world where it doesn't take much more than two eyes and five senses to understand things are tougher economically than they have been in the past. Okay, besides some blind Fox News boomer just spewing out any bit of propaganda they can find. Uh, we largely understand the job market's not as good, income per capita not as good, uh, credit per household devastatingly bad and increasingly so. We're seeing credit card rates or I'm sorry, credit card delinquencies, car delinquencies uh go up significantly. Still not seeing a ton of shakeups in the housing market and financing. I know, by the way, I know, I know, I know, I know, I know there have been several creators going viral talking about a crash, talking about foreclosure spikings. Oh my god, my friend at the bank told me this. Next episode's only on housing. Because if I start talking about it, we're not gonna finish any of what we've started. There's a lot to go on, but I think housing is a little bit different. All of this is going on, and you might think to yourself, well, at the very least, we have family. At the very least, I know that I got my fam at my back. You know, they had the opportunity, grandma, 40s, 50s, 60s. We're talking post-World War II. Please buy some American dirt. All you have to do is make some pies at the local bakery for a few years, and you'll have saved. Your husband can go get educated and do hard manual labor, two jobs. Oh my goodness. Or you could be in the kitchen.
SPEAKER_10It doesn't matter, you just need one job.
SPEAKER_03You got your house. Now that house is worth $800,000. Now your stock portfolio that you got basically, by the way, from just doing your job, your job's taking a certain percentage of it out for you. Smart on you, put a little bit of aside, but you didn't invest it. You just existed. You went to your job, you didn't get fired, you showed up with the right attitude, right? Did the right things, and here you are 30, 40, 50 years later, sitting on a stack. Sitting on a stack.
SPEAKER_10So you may think to yourself, you know what? It might be crazy. Maybe it's not gonna be better.
SPEAKER_03But at the very least, I got my family. And I know if something were to happen to them, I'm I'm I'm next in line. It's like that Lion King scene where he brings him up on the cliff and he says to Simba's like, everything that the sun touches is ours. I know this is gonna be yours one day. But what if what if what if Mufasa actually got up there and said, I know everything that the light touches is my kingdom.
SPEAKER_10I've ruled over this for decades. It's done wonders for me, and I know it's gonna do wonders for people after me.
SPEAKER_03But I'm gonna be putting this into a trust. I'm gonna have it subbed out to an LLC that you'll have access to when maybe you're about 65 or 70 years old. But uh, you know, frankly, you young lions just don't really know how to run this shit, and uh, I was a lot smarter than you, so I'm gonna leave this behind to your uncles. Alright, see ya, Simba. Let's play this video real fast of that exact exchange happening on the Dave Ramsey show.
SPEAKER_00Guidance from Dave and Dr. Delaney about my will. Um, I have two daughters, one of whom is doing very well financially. She and her husband earned 1%. And the other daughter earns about $50,000. And for several years I felt uncomfortable about how to like divide up the assets. I'm an everyday millionaire. Um, more recently, I I've gotten to the point where I don't want to give either of them any money. I I I feel like I've worked so hard my whole life. I've paid for college for them. I've paid over half a million dollars for college for them. Um they've turned into socialists. Um maybe in two months. I I know we're all laughing. No, we're with you. We're with you. I'm depressed. I'm very depressed about where I see my children heading, and I think I don't want my money to go to them. And I feel terrible about that.
SPEAKER_06You shouldn't. They're not entitled. They didn't have to be in a lottery. They're not entitled. My children have been instructed since they were small that in order to get the opportunity to manage the money that God gave me to manage, meaning that I hand off the responsibility to manage some of the Ramsey fortune to them, uh, they will have to be people of character. Socialists are not people of character. Okay. They're parasites. Slow down. My children are going to be parasites. I'm not going to finance their lives so that they have a reality show.
SPEAKER_00Is there a way to put money in, let's say, a trust where they couldn't get access to to they were, let's say, 70 years old.
SPEAKER_06I mean, then they just be a 70-year-old socialist, right?
SPEAKER_00Well, but I I'm hoping by then they will have kind of woken up.
SPEAKER_06You can. I put uh mine is mine all of our state is trust-based, and our trust is uh um we've done it from a faith perspective, not an economics perspective. But uh if they're not walking with God, they don't get to manage God's money. It's what the trust says. Really? Yep.
SPEAKER_03In no uncertain terms, and so you know what gets me Joe, Joe, Joe, I'm gonna cut you off right now because I I feel that we need to just review this video for an hour.
SPEAKER_11There is so much to go into. There is so every other line, there's another thing that could be gone into.
SPEAKER_03Um can I just I've hit on Dave before on this, and I even have one of the uh the producers comment on some shit when he talks about God's money, yeah, right? I'm I'm a Christ follower, right? So I can reason with him on that. Okay? You know, to to whom much is given, much more will be given unto them if they're managing a problem. Got it, got it, got it. But this idea of socialism being anti-Christ is the part that always hangs up on me the most. Because there's nothing in Matthew, Mark, Luke, or John where Jesus gets up on a pulpit and starts talking about deficits and inflation. I wish it did. That'd be so freaking dope. He never did. But what he did do is he called out basically the massive wealth gap, not only in money, but in power, a lot of it being unjustly held by religious oligarchs at the time. And he s was a brown-skinned nomad, didn't have a house, didn't have any earthly wealth. The one man who tried to follow him when he was getting his disciples together, he told him, Yo, go sell all your things, yeah, come with me. And the guy was like, and he went off sad because he had like cool vases or whatever he had back then. There's no walk that I read throughout any of the gospels that says he would be pro-capitalist at all. In fact, I if I'm gonna go crazy, this is gonna sound crazy, it's gonna sound nuts. He was way more socialist than anything. Have all your goods compiled into a commune and pay out and support everybody within it. That was the basic foundation of the quote-unquote church that he had Peter found. So I don't want to get into the the the uh theological debate here. No, I don't want to get into the which religion's right division here. I just want to get into the point of he's using the base case of his argument to be faith, and then the least Christ-infused economic system we have, which is this macro-corporate favoring socialism for the rich, you know, privatized losses of capitalism for the poor, is the least Christ-like way of going about it. And the fact that their daughters, her granddaughters, or no daughters, wanted she said at the very beginning, was making top 1% money. I'm assuming like 250k a month or more. And she's become a socialist. Well, why the fuck do you think so, Grandma? Why why why do you think do you think it's because she has eyes and can see that people are struggling dramatically and it's not going to change? I'm not saying we need to go communist Russia or China, but having some ideas on how to feed people, get people healthcare and housing seem like legitimate conversations to be had. And if they're willing to have them, you're now willing to withhold your entire you're gonna just donate it to a mega church now because she wants to make sure you you go.
SPEAKER_12My whole thing is that she's just like, yo, my one daughter makes 50 grand and has been mean to me about who I voted for. Can I make her suffer her whole life? Like, that's the basis of the call. Because like she's like, ah, they're socialists. Think about how you talk to your family. I imagine it's more of a like, mom, how can you keep voting for like that's probably what's happening, right? She's probably a Trumper, and they're just like, Mom, we don't get it at all. And she's like, You fucking socialist scum. Right. So they're probably probably that's probably what's happening.
SPEAKER_03They're probably not like full outs, but they probably don't even know who Hustan Piker is.
SPEAKER_12She's like, they just don't like Trump. If my daughters keep making fun of me for voting for Trump, can I just say fuck them forever?
SPEAKER_11They must be socialists, yeah.
SPEAKER_12Fucking losers financially, like that's what's actually happening. And then Dave Ramsey gets an almost cum-infusing giggle out of it. He's so excited, dude. His whole body tent is up. We have to stop. We gotta get to Trump.
SPEAKER_11We gotta get to Trump.
SPEAKER_03We gotta stop. Sorry, we're gonna keep going.
SPEAKER_11I just this video.
SPEAKER_03The moment you mentioned cum-infused giggling, I think we have to stop. Oh, yeah. I think that's the word that made us realize that we have to switch topics. Did I go too far, guys? No, I don't think you went too far. I think this is worth diving into more. I've made several videos repl replying and and digesting the details verbally was too much.
SPEAKER_12He usually talks so chill and quiet, and as soon as she said they're socialist, bro was bouncing with laughter. I've never seen so much energy from Dame Ramsey. Well, the as when a woman says, How do I destroy my socialist daughter's financial future?
SPEAKER_03Yeah, well, and it wouldn't be destroying the ones, but the other thing about it too is she said, and I'll end it at this, and this is speculating too. She said, you know, and my other daughter makes $50,000. Throwing it out there, I would assume she's coming from a place of, oh, my other daughter's doing well. She's self-sustaining, that's fine, she makes $50,000. When in reality, she's not. She's struggling. She's probably not making enough to do what she needs to do, at least raise a family unless she's got a hubby. That wasn't mentioned because she said they for the other daughter. So probably single making 50k thinking, yeah, she's fine, a little socialist over here. Nah, dude, she's like, this isn't enough money. Yeah. I used to be able to buy a home with this income, and now I can't find rent. Of course, the people that are left in that position are going to be looking at other economic options. Hey, we've only done it this way for so long, and it is leading us in this direction. Is there a chance we could look at other options? No, you hate Jesus! And that's it. And that's the Dave Ramsey show.
SPEAKER_12Dude, the fact that there's a part when in the same sentence he says, God's Money and then Ramsey fortune. There's only a comma between those two. Which is it, David? Is it your fortune or his money? Is it the Ramsey Fortune, or did you just get a little bit of God's money? Because it's two different names, bro.
SPEAKER_03There's a lot of theological nuance. It's a hilarious clip. We should just do a Ramsey Reacts channel. That's we could monetize ourselves and live off that just alone. The only thing Wayne takes.
SPEAKER_12I pray that Monique's daughters saw this viral video. Was it Monique? Yeah.
SPEAKER_03That's a very rare old lady name.
SPEAKER_12In Banger Main. I bet there's not a lot of them. I pray their daughter saw it and said, Hey Ma, what the fuck is wrong with you? That's the best outcome for this video, I think.
SPEAKER_03Wrapping that up, the Federal Reserve, very tough position. Jobs, inflation, they're gonna print money. The debt is unsustainable. But all while this is happening, did you forget we're at war? Do you forget we're at war too? Do you forget that's happening? This is the latest from Donald J. Trump on said war. He says, No one has given the Islamic Republic of Iran a greater opportunity to make a deal than me. Tragically for them, they have failed to take it. Therefore, today I'm announcing the most crushing economic operation ever taken against any country. This will be economic warfare and isolation on an unprecedented scale. Their navy is gone, their Air Force destroyed, their military factories are rubble, their currency is worthless, and their country's hanging on by a thread. Today I'm also announcing that any country that allows its financial institutions by the way, stopping it right there. He didn't announce anything in this first section before he says today I'm also announcing. He just said we're going to launch an economic operation, one of the largest ever taken by any country. Doesn't say what we're going to be doing exactly. He says, Today I'm also announcing that any country that allows its financial institutions, businesses, airports, or government entities to provide any type of lifeline to Iran, it itself will face tremendous economic consequences. Oil smuggling, swap lines. I guarantee Trump doesn't know what a swap line is. Cash transfers, exchange houses, ship registries, front companies. It all needs to stop now. This is the hardest I've ever seen them on corruption, and I like this energy. We need more of this energy on corruption. You know who you are. This will be an economic D-Day. And we need all our allies to stand with the United States of America to isolate and defeat the Iran threat. These maniacs are on the ropes, and these historic measures will cripple them and their ability to project terror worldwide. Iran will never have a nuclear weapon. Let's um start one place. What do you mean they're on the ropes? Didn't you say they were defeated? Didn't we say they were dead? Didn't we say they were done? Didn't you start this tweet saying all their stuff is destroyed? I'm not gonna beat a dead horse. I've uh there's there's so many gashes on this horse from me just swinging at it. It's the same shit. He says this straights open. Open up the maritime tracker. Open up the maritime tracker. It's the next tab. It's not. Let's load it up. It's not. Uh there's been a few ships that have gone up uh toward the north to the uh Abbas port, a few that are going around the Oman routes, but nothing's going in or out. We're not seeing the 100 to 150 ships a day. Uh, we're seeing three to five. So, no, the strait is not open. Uh, two, no, Iran is not uh at the bottom of the ocean. In fact, we haven't taken over the strait for that very reason. If we wanted to take over the strait, I'm sorry, if we could take over the strait, we would. Because that would end all of our problems. We could just take it back over, open it back up, done. Why won't we do that? Because our military is not at the bottom of the ocean. Simply put. They can make missiles, they can make drones, they can fire from these mountainous positions that we can't take over. And that's just the case. They're just gonna keep it shut because all it takes is a missile flying at a carrier to make that carrier or a thousand others say, hmm, we're gonna think twice about this. So the straits not open. Oil prices, if we go to the next one, still up. $86.86 for crude WTI at this moment. I bet crude's higher. Could we look up uh or Brent's higher? I'm sorry. Could we look up Brent oil? Oh no, it's on the right. Dang, Brent is higher significantly, $94 a barrel, whole $8 higher than West Texas. Interesting. So the WTI is the oil that we are purchasing essentially, we're utilizing exporting, importing Brent more worldwide. So oil prices are still high. I want to focus on this part. Okay. I said the last part we're talking about before I tell you what to do is money. Or I'm sorry, energy. I'm also on like 19 misspeaks in this podcast. I'm going on a record. Going on a record. I'm usually pretty decent at that. Going for the record today.
SPEAKER_12CDHD, it gets worse with age. Your brain tries to get to the end of the word faster.
SPEAKER_03I won't say it gets worse with age, man. It does. I'm young as hell.
SPEAKER_12Yeah, you need to start speaking slower.
SPEAKER_03I don't know.
SPEAKER_10I don't know if I'll be able to do that. I pause because I've talked about this so many times.
SPEAKER_03It seems like again, beating a dead horse. We don't gotta pull up the canvas. I don't want to draw shit. Get get that out of here. I don't want to draw anything.
SPEAKER_12Get it out of here. Do you want to see more drawings like this? Delete it right now. Delete it right now. I don't want to draw right now.
SPEAKER_03I'm not in the mood.
SPEAKER_12Not in the mood.
SPEAKER_03We've made several videos talking about since the beginning of this war, oil prices are gonna go up. What does that mean? Well, it means energy prices are gonna go up. What does that mean? It means the price of gasoline, it means the price of diesel, it means a price of anything mechanical is going to go up in production costs. So if you are talking about tilling a field, running a factory, shipping, anything that involves anything with an engine of some sort, it's going to need fuel. All of that fuel more expensive, not just America, but worldwide. And this has been going on, going on six months. We talked about in April the inflation and food crisis that this war would cause. I was telling everybody that would hear my voice from March till probably about end of June, because realistically planting season, to grow a garden. Start learning how to put seeds in the ground. Start learning how to harvest. Learn how a tomato plant interacts. Learn how to know when a cucumber is ripe to pick. Learn how to plant potatoes underground, carrots. These things can be learned. And if we learn them, we might actually insulate ourselves from the problem this war is causing, which is what I'm going to finish on, but I want to be very clear about this. We are going to see more corporate bankruptcies in the end of 2026 and 2027 than we saw in the last few years. Go ahead and clock it. It's already written in the sand. Number two, we're going to see the unemployment rate start to go up all while the non-participating in the labor force number goes up. Those two going up simultaneously. Extra bad. Because those are the people trying to look for work and the people who've just simply given up, which is going up at an obnoxious rate. And we're going to see the affordability crisis hit the median worker in America harder than it has in the past three years. And I know that's hard to imagine because it's already been tough. It's already been tight. We already see so many kids choosing to stay with their families. We're already seeing so many young individuals choosing not to get married, choosing not to get a kid, not being able to afford a mortgage and having to buy the one-bedroom apartment. It's happening nationwide. And I know there are some people who initially will hear that and say, Zach, well, there are lazy people out there that do not deserve that lifestyle in which you are speaking on. Zach, there are people out there that simply aren't doing the thing they need to do. They're not working hard enough. And I hear you. Because those people do exist. Absolutely right. There are lazy individuals out there that do not go out and get it, do not do the thing they need to do, do not put in the hours required to be able to live a normal lifestyle. You're absolutely right. Working the 50, the 60, the 70 hours, the overtime, the dual income, the not going on vacation, the not having the streaming services, or God forbid having avocado toast that are struggling. And it's not because of their lack of work, it's not because of their bad career, it's not because of their bad education, it's because of a bad, ever-inflating, debt-based economy. And the math is the math. Yes, there are gonna be individuals that start up a landscaping business this year and make a million dollars within the next five. That's true. There are gonna be people who create AI companies that help other small businesses of these boomers who don't even know how to open up a Facebook account, utilize AI to bring in more sales. That is absolutely gonna happen. And I hope one of them's you. But we are no longer in an economy where a grind is an option. And that's my biggest problem with this economy. As someone who was able to ride the grind, as someone who was able to do the 12-hour workdays, someone that was able to do the years and years of the waking up early, the journaling, the affirmations, the reading of the books, the going to the events, the door knocking, the sales, the calls, the DMs, all day doing the thing, doing the grind as I was instructed to do. And successfully so, I have a great appreciation for the grind path.
SPEAKER_10But it was an option. For me, it was an option. I did not have to do that.
SPEAKER_03I had a job working in the Department of Corrections, came out of the military, where I was making about 45 grand a year. My wife, an assistant teacher at a private school, about 20.
SPEAKER_10Between those two incomes, we had already bought a house. We had two cars financed. We just got a new fence. Financially, we could survive. Just have done that. 60 65 grand before tax, by the way, in Dover, Delaware. It was possible. Ten years ago. Or should I say 11? I decided to grind. Today it's not optional.
SPEAKER_03I decided to get up and run for something, which I aspire you to do as well, not just financially, physically, mentally, spiritually. Go out, touch grass, do something beneficial with your life day to day that you're proud of. Put your head on the pillow at night doing what you said you were gonna do, regardless of whether or not you want to. But that lifestyle of the grind being an option for me was exciting. I was running towards something.
SPEAKER_02The early morning wake up was like, yeah, the universe is rigged in my favor. Money's attractive to me like a magnet. I have the energy of a I get it.
SPEAKER_03I've done it. I do, I do it. I I've done it. I get it. Today in 2026, that grind isn't optional anymore. So the run that I was feeling, that fun run I was on, that exciting moment in the mornings when I was doing my thing, felt exciting because I was running towards something. Today, people feel like they're running from something. And just because you're running doesn't mean you're running for the same thing. You could run a 4K or you could run from a killer in the park. Is it the same thing? It's not. A lot of people are running from the economic boogeyman. A lot of people are running from poverty. A lot of people are running from having to be 35, 40 years old living with their parents. And they're not dumb and they're not lazy and they're not uneducated and they're not unwilling to work hard. They want to work hard as something worth working at that's gonna give them a lifestyle that affords them the ability to just be. There's a lot of people out there that want to be. They want to put in their hours towards supporting our community, supporting our country, and then they want to be. I've never been that person, by the way. I won't pretend to be. Never been that person. You're gonna find me doing something at any moment of the day with somebody at some task till I go to sleep. And then tomorrow, I'm gonna do the same thing. That's just how my body works. That's not how everyone's works. In fact, I love just being when I allow myself to be. But it's not an option today. And in 2027, it is going to be a tougher road. Just being honest with you, for those that do want to grind, there will be those that succeed. There will be those that have the new idea, the new innovator, the new grower. There that will happen. And again, I hope it's you and those associated with you. But the percentage of those that will is going to be smaller. That's the problem. It's not that it's unattainable, it's that it's smaller. That there will be less entries into that coveted room of being financially okay. And that's not okay. And it's because we're on a debt-based economy uh debt-based economy that is frivolously spending, siphoning out our debt to investors that don't want it nearly as much anymore, rising the rates for you and I to be able to get a car, a mortgage, or a credit card. It's come because of the Fed and their lack of action in either fixing inflation or fixing the job market, of which they're just kind of standing neutrally between the two, allowing both to degrade. And this war. The energy crisis will fuel corporate bankruptcies, more delinquencies, and I'm just gonna go out and say it right now: more inflation than we probably saw in the last couple years. And everyone wants inflation to go away, everyone wants prices to come down. Prices are not coming down. Here are my words prices are not coming down, and if they do, you're going down with them. What do I mean? The only times in history we've had deflation is when the job market is at 10 and 20% unemployment. So if prices go down, unfortunately, you're probably going with them. So I want to leave this on what to do. Because if you don't want to go down with that ship, you want to rise with the ship, the ever-inflating dollar weakening ship, the weaker foreign trade ship, the we just won another war, congratulations, ship. You want to get on the ship? I'm gonna tell you how to get on the ship. I'm gonna tell you how to be on the ship. Joe, you ready to get on the ship? He nodded his head.
SPEAKER_12I'm a seaman, uh naval person.
SPEAKER_03Yeah, a seaman. Yeah. I like that. By the way, whoever did that was hilarious.
SPEAKER_10Yeah, just whoever made that name. You know it was a man.
SPEAKER_03Probably a group of men. What are we gonna call these guys? And he said, Oh, a seaman. And there had to be smirks throughout the room.
SPEAKER_12Dude, I think the guy who actually said it said it, and not a there wasn't a flicker in that light bulb. He was like, Yeah, it's perfect. They're on the sea and they're men. I think it's the opposite. I think it was.
SPEAKER_03Maybe the first person that read the contract, I think the first proposal that came in was like, what? We're gonna call them what?
SPEAKER_12I could give another analogy, but it's not appropriate.
SPEAKER_03Number one, I'm gonna give you five things. If you want to take some notes down, this is where I'm gonna want you to take notes. Let's pull up this article real fast. Straight up for Moose Crisis. Fertilizer scarcity will affect next harvests and food supplies. The food and agriculture organization of the United Nations warns. This is not Walmart. This is not Tyson. This is another Titan in and of itself. We're talking about the United Nations is issuing the potential of a crisis stemming from this war in terms of food supply because of fertilizer. Why? Remember earlier when I talked about oil? And we've been yelling about oil, yelling that inflation is gonna keep happening, yelling this war isn't gonna just end because we're gonna catch 22. You know the other thing we're yelling? I have a whiteboard video on this podcast short form. I've been talking to everybody I can about it, putting food in the ground. Why? Because urea not eureka, urea, u-re-e-a. U-R-E-A. More than 40% of it comes out of the Strait of Hormuz. Urea is fertilizer.
SPEAKER_10Nitrogenous is fertilizer. Now, here's what makes this even more interesting.
SPEAKER_03We already saw the first fertilizer round throughout spring get curtailed by prices. Prices spiked. Many farmers came out and said we either had to blow a lot of our revenue on getting enough, or we just simply planted less crop. We said right then when we were reading those articles and seeing these interviews with these farmers, oh, that means food prices are gonna go up. Easy.
SPEAKER_10Bet.
SPEAKER_03And guess what? As we sit here in August, leading into September, which by the way is when we said this would hit, food prices are up.
SPEAKER_10But we're now at a position, because here's what's interesting.
SPEAKER_03By the time the Strait of Hormuz had shut down in March, beginning of March, February 28th, about 70 to 80% of farmers in America had actually already pre-ordered their fertilizer. This is a fact. So in looking at that, I remember crunching those numbers like back in March and April. It meant we're gonna have a food price increase. And a potenti a potential supply crisis in these second and third world countries. We talked about it, now we're living in it. Those prices aren't coming down, and they're probably gonna keep going up. But the interesting part that comes down with this is when did the other 70 and 80% actually order their fertilizer?
SPEAKER_10They ordered it in November and December. Of at that time, 2025. So as we're coming up into September, as we're walking toward the midterms, and as this war is not over, what's gonna happen when we hit November and December and it's fertilizer time? I think that's what the United Nations is seeing as well.
SPEAKER_03Saying we may go through a food supply crisis. The Director General of the Food and Agriculture Organization of the United Nations, Dong Yu, emphasized today that the global fertilizer scarcity caused by disruptions of the Strait of Pormuz will lead to lower yields and tightening food supplies in the latter half of 2026 and into 2027. So, number one, I want you to start planning your garden now. It sounds corny, Zach. You're talking about money and finance and growth of young men and all this. You want us to grow a garden? Hell yeah, I do. Buy a cow. Or buy a cow. If you have the opportunity, you can buy a cow. It's cool. Buy a cow. I got 11 chickens. My HOA doesn't allow for a cow. Okay. Chickens, cows, pigs, goats. Buy wild turkey traps. Wild turkey traps? I don't know if I'm allowed to have a turkey. Maybe I'm allowed to have a turkey. Yeah. They're allowed though. I saw like 80 of them in Virginia. What do you get from a turkey though, other than one cooked turkey? Yeah, it's good. You can freeze it. It seems like a lot of upkeep, though, for just one turkey.
SPEAKER_12Dude, people are in a different kind of meat. That's why chickens are so good. I'm an idea. I'm an idea. Egg time.
SPEAKER_03Egg time. Not saying they have to. Or you can get some raw milk from a cow. Love that idea too. I want you to put seeds in the ground. We produced in our garden this year. We're going to produce, we're estimating well over 150 heirloom tomatoes. We produced well over 235 cucumbers. We actually lost track. We ended up getting so many. And about 50 plus currently curing potatoes. We have another round of carrots that's coming out. We got 23 from the last one. It should be closer to 40 on this. All I'm saying, between the bush beans I got, we're trying to get some corn up. Didn't really work. The squirrels ate it. I'm learning how to create my own food sources so that I can create an abundance for my family that by next year I can have a donation-only food stand located here. Yeah, that's my game plan. I never shared that with you? I thought we talked about this. That's the first I've heard. That's so cool. Yeah. So I want to get to the point where I can supply enough for those that need it. You might say, Zach, some people are going to steal it. Yeah, they're going to steal it if I charge money for it, regardless. So I might as well set it up to where if you need it, you need it. And I happen to think that some people are going to say, that's cool. Let me throw them 20 bucks for this potato.
SPEAKER_12Maybe, yeah.
SPEAKER_03And if it does, all the money is going to supply our future garden and any surplus goes straight to our food bank here in Milford. Can't start if it's free. Yeah, so we're not going to profit off of it. The point of that being, a very socialist take, you should take the opportunity to take control over one of the main supplies of your life, one of the lifelines, food. You may think, what about water? Rain barrels. You may think, what about power? Generators, solar panels. There are some off griders you could probably watch on YouTube to get deeper down that rabbit hole. What I'm telling you right now, food prices are going. Up, food prices will continue to go up. And if you are in certain countries throughout the world, you may even be going through in 2027 a food supply crisis, which either means no food or expensive food. Having a little bit of control over your own food, knowing what fertilizers are going into it, what pesticides or no pesticides are going on top of it. And the fact is, you're getting money out of big corporations by putting food into your own family or just your stomach. If not, if you get so good at it, other people around you've stomachs, which is really cool. Number two, security. I mentioned the only way the prices could come down is if you came down with it. That's the job market. So what I'm telling you right now is you need to have security in your job. These corporations are looking at Pizza Friday. They're looking at the tissue paper that they're that they're purchasing, they're looking at the quality of the pencils, they're looking at these things because they're looking at cutting costs. If this continues and the forecast of inflation stays in front of us and this carrot on a stick keeps eluding us, we're probably going to get to a point where one of two things happen. We start seeing these corporate bankruptcies pile up to the point we're in a 2008-like recession, or we print money before it. And if we get to that 2008-like recession, we're just going to print money after it. So the main purpose of what I'm telling you is to survive either option with job security. That job security, by the way, could be what you already have. You may feel already very secure with where you're at. Awesome. You're in the military, probably pretty safe. Law enforcement, probably pretty safe. Medical, probably pretty safe. Another one, trades, HVAC techs. Joe, you mentioned on an old pod talking about if I were trying to start a business, I would move to Delaware in a highly boomerfied area, and I would start an HVAC company and I would just start fixing HVACs. Why? Because they're the ones that have all the houses, they're the ones that have all the money, and they don't know how to fix their HVAC. I think that's a great idea. Plumbers, electricians, masseuses, things that need, yeah, don't make that face. Don't make that face. Needs a strong word. There's a bunch of wealthy people that love massages that will pay to make sure that a masseuse is properly funded. And it won't be a robot. That's one thing I'd stand on. I don't think I'm gonna die on this earth having there be commercialized robot massages.
SPEAKER_10And if I do, when I'm 86 and it happens, I will come back on this podcast and personally apologize. Have my word. You need to have security.
SPEAKER_02And I know that could be in lieu of getting to do the fun thing. Because I'm telling you right now, the amount of real estate agents in Delaware that have quietly quit over the last two years that were doing the fun thing in real estate that are now back to their natural habitat behind a bar.
SPEAKER_10They're having to make the shift into the thing they don't necessarily want to do because the fun thing isn't working.
SPEAKER_03That might be the position you're in. It might not be. It might be a position of you can grind in a position where, like in real estate, I have said for some realtors, there are less, which means there's more opportunity. There's a higher share of opportunity for you. You need to have security. That could be through flexible income, like being in a sales position. It could be via trade, labor. I'm not gonna uh belabor the point. Anything else you'd add to that? Seemed like you're about to toss on that.
SPEAKER_12Yeah, I'm so where we are, again, we live in a super retirement heavy community. Uh, for people to know, Delaware is about to pass Florida for the largest percentage of retirees per capita in the country. And it's even more alarming where we are because most of them only go to this bottom half of the state. So when you think about retirement versus communities, we got a lot of them. Um, there's a lot of younger people here that I know who are struggling financially, have a full-time job, have benefits and stuff. But then when I talk to them about what they're doing, they're like, hope things get cheaper. You might have to nut up and say, you know what, for the next six months, it's gonna be a 70-hour work week thing for me. I gotta get a second job. Be willing to make temporary sacrifices that might cause you pain to make the next seven months better. Yes. Because as things get more expensive, guess what? Jobs are gonna get tighter. Now's the time to hunt for that second job. 100%. Now's the time to hike hunt for training to maybe start something on the side.
SPEAKER_03Get educated, certified.
SPEAKER_12We're at a point where procrastination's gonna kill you more now than it ever has.
SPEAKER_03And it's so easy to when you think the next day is gonna be tougher, but that needs to shift in your brain to be the motivation of I got to do more now.
SPEAKER_12It's gonna be tougher, I gotta do it now. I think like a big thing, and this you've been up for that, but for a lot of people, it's like we're all in a place where we gotta make mental mind shifts where everything we were told of how this was gonna work ain't fucking happening no more. And we just gotta be first to it.
SPEAKER_03Yep, the debt's not getting paid off. It's not getting paid off. We are going to have to intervene with severe money printing. Can you look up real quick? 2008, what was the national debt?
SPEAKER_10I got three more what to do's for you. The next two are financial. 2008 national debt. 10 trillion dollars. 10 trillion dollars. Um, can you type in how much money did the Fed print in 2008?
SPEAKER_03Actually, no, I don't want that. I don't want that. Because it's gonna give you the first QE. I want all three accumulated. So let's just call it 4 trillion. It was actually more. It wouldn't come up. You have to have reserves under management. Fed reserves under management. I know it's currently sitting at about 7.5, peaked at about nine. No way. The whole OBS? Wait, but we're still recording, right? Okay, so we gotta keep going. Our lives have been jacking up, so apologies if you're listening to us live and now catching the recording, our OBS failed. Just go ahead and kill the stream, just for sake uh sanctity of Joe.
SPEAKER_10Joe, real quick, because we're still recording. We're good? Okay. Live production.
SPEAKER_03And we would go on to print about three to four trillion dollars. So what does that mean? We printed about 30 to 40 percent of our national debt to support it. Okay?
SPEAKER_10Now, if I were an addict and I needed a bigger high, well, that would tell me, well, I need to go after something bigger and better.
SPEAKER_03I need more. Because I remember the times I would feel like, wow, I love how I feel when this is happening. I love the the the feelings in my head in this economy when we have money flowing. They're gonna have to print at a more extreme level. If we were just to utilize the same ratio of 30 to 40% of the national debt, that means we would have to print.
SPEAKER_10To have a similar effect to how we recovered from 2008. You know the number? 12 plus trillion dollars.
SPEAKER_03If we were to print at the same ratio, that's the kind of printing we're talking about, y'all. We're talking about mass intervention because there's going to be something massive that hurts us. Our country's already hurting itself with its soft power overseas. We're already hurting ourselves by buying up our own bonds, buying up our own supply. We're hurting ourselves in a lot of different inflationary ways. The Federal Reserve's acting very neutrally. We can go through that all day and night. The thing is, in the future, prices are not coming down. We need to buck up and move forward and pick up that extra sale that we can get, move forward and motivate ourselves, especially if you're at a flexible income spot. Now's the time to grind. Now's the time to do it. I hate to be the person who's like, you gotta grind. I'm telling you right now, you probably gotta grind. And if that grinds at a job, or if that grinds in a garden, or that grinds at a gym, or that grinds in your journal, or that grinds in putting down that vape, or that grinds in getting up earlier, or that grind isn't getting back into your marriage, or that grind isn't the talking to your dad again. You got to do something to better yourself and stop letting this world push you down. This world, especially the American world, is gonna keep doing it, and you have to start pushing against it. And that sucks because many of you will be thinking, well, Zach, I shouldn't have to.
SPEAKER_10I get it, but we do. But we do. Number three, gold and silver.
SPEAKER_03Um, the dollar's gonna continue to weaken. The dollar's going to continue to weaken. So, what that means for me and you, we have to insure against the dollar's weakness. We can't print money in our basement like the Fed can. You gotta hold gold and silver. That is the insurance policy wealth holder. It is the insurance policy against the weakness of the dollar. So, if you want to insure yourself against a further inflating economy, we need to hold the assets that go up in inverse with the weakness of the dollar, and that would be gold, and that would be silver. I want to go in one more time before I hit the last two because they're pretty simple. All right, first one just to review security in the job and career, gotta grind at it. Food, I want you to learn how to grow it. Gold and silver, I want you to hold it.
SPEAKER_10Joe, can you bring up this last tab for us? Yup. JP Morgan.
SPEAKER_03So if you don't believe the United Nations, I've heard that take. Alright, let's take it from JP Morgan. JP Morgan warns a global food crisis could hit next year, and unlike oil, there's no backup plan for fertilizer. Put seeds in the mother freaking ground. Community gardens. Get with your people. Zach, I live at a condo complex. Go knock on their doors. Hey, yo, can we make can we create a garden? RHOA won't allow it. Call them. We want to set up a neighborhood garden right here, blah, blah, blah, blah. Have a secret one. I don't give a shit. Like, sorry for cussing, but you got to take control of this. Got to take control of this unless you just want to spend more money on food. All right, so job security, career security, growing your own food, getting a little bit more off-grid from the big corpse, holding gold and silver as an asset that is the insurance policy against the weakness of the dollar. Last two, and then we'll get going. Thank you for joining on episode 100, by the way. Big shout out to you. The only reason we're doing this is because of you. Shout out to every single person that subscribed. Shout out to every single person watching on Spotify. I love you to death. Shout out to every person listening to this on Apple. I love you so much. Shout out if you're at the gym. Shout out if you're on a walk. Shout out if you're on your commute. Shout out if I'm your TV right now. What's up, living room? I love you so much for allowing me to do this. Thank you for supporting me and getting to do this. I love you. And I'm looking forward to the next hundred. And within those next hundred, I hope that I hear a lot of people that benefited off of some of these things that we're talking about. Number four, number five. Number four is an easy one. Indexes. There's a lot of people that hold IRAs that are littered with bonds and indexes. I love them. I love them. I love them. Why, Zach? You think things are going to collapse? If things collapse, they'll print money. If things collapse, they'll print money. If things collapse, especially for those that have a net worth over 50K positive, I need you to have diamond hands. It's not time to sell. It might feel painful. It might hurt for a little bit if that stock market crashes, that retirement fund goes down, maybe even home value. We won't talk on that today, but it's going to be tough. They're going to print money, and it all goes back up. Is that the way it should work in a free market economy? No. But it's the way that ours works. She's telling you the rules for our system. Like it or hate it. We've dug through the history. Like it or hate it. Go back to Jekyll Island. Like it or hate it. And the last one, and this goes into a great teaser for their next episode, which we will talk about, is housing set to implode. Hold real assets. I know Bitcoin and stuff went up a little bit recently, but definitely not up from its highs. I know XRP just started creeping off of its out of its coffin to bring back a little bit of life. I get that. But diversification into real-world assets like gold, like silver, like dirt, like housing.
SPEAKER_10And diversification into the digital ones. Like index funds. Like spy, voodoo, or even Bitcoin. I need you to hold. Hold, hold, hold.
SPEAKER_03Stop asking me, will it be up in a year? Stop asking me when do you sell? Stop asking me, should I sell my portfolio right now before the no hold, hold, hold. Hold, hold, hold. Just keep growing. Hold. Hold and accumulate. Hold and accumulate. And if that message is for a specific sect of person listening, let me talk to somebody else. Because I know some of you who hold assets and have money. You have money questions. Where do I move my money? How do I invest my money? You're getting all this advice from all these different places. I'm telling you, it's as simple as it's gonna inflate. Hold things that go up when things do inflate. Housing, SP, like the index funds, gold and silver.
SPEAKER_10Hold.
SPEAKER_03There's a whole other sector of people they're like, Zach, everything you're telling me is making what I'm going through right now feel worse. Because I can't afford rent. And I'm struggling to fill my grocery card. And I I I hear you on buying gold, but uh I can't eat gold.
SPEAKER_02So what does that do for me?
SPEAKER_10I hear you.
SPEAKER_03Um I gotta be honest with you, I think a lot of this world is way too focused on money. I think we're we're so hyper focused as a community around this piece of paper. Um, but it's the lifeblood of our society. You gotta pay your bills. You gotta be able somewh somewhere to live. We're we gotta have something that's gonna, you know, be able to safeguard you if you were to get hurt. You'd want to raise a family. You don't want to stress about this for the rest of your life. Right? It could just be like, how do I set myself up so this isn't always the feeling? And I think there's investment advice there and grind advice there, but again, there's some of you who are sitting in a spot where that's not the option. I'm choosing between rent and food, not which investment portfolio to go with.
SPEAKER_10Um I want to offer you the message of being seen, and less so advice.
SPEAKER_03We see you as as a larger and growing community, and you're not alone in a larger and growing community of those who are looking at their bills that are going up, they're looking at their new tax bill, they're looking at their mortgage that just went up last year, they're looking at the car that just broke down and the cost of getting it repaired, they're looking at the insurance premium for their kid just having to go to the ER, and they're thinking, what am I gonna do that might be you? I see you. I see you, and I as much as I would love to have every single one of you in a one-on-one phone call to hear about what you're going through so that I can maybe hopefully find one or two angles where financially maybe you can push through a little bit here or there. Can I offer you something slightly different? Can I offer you the opportunity at the pursuance of whole wealth? The pursuance of having authority over your time, authority over your mind, authority over your body. Because frankly, you might hear all these money issues, but you've also looked past the fact you're really out of shape. You might hear all this money talk in your head, but when's the last time you've read a book instead of Doom Scroll? You might hear all this money talk and you're still hanging out with the three dudes smoke during every break at their job. I'm not saying that you're in this position because you're out of shape, uneducated, and like to smoke on your lunch break. But I'm saying those things don't lead you toward the opposite. They don't lead you toward the positive. And I think there's a lot of us that have been misguided into an over-sexualized world where it's all about hookups, it's all about liking pics on Instagram, it's all about pornography, it's all about looking a certain way, looks maxing. All right, what happened to taking a multivitamin? What happened to making sure we get our protein intake? What happened to drinking water and getting out alcohol? What happened to putting down the vape and the vice, the things that we're going to as pacifiers to pacify us from maybe having to think about the very things that we are talking about, but that's what they want. That's why the liquor store prices haven't inflated. That's why that price on that cigarette, though the taxes have gone up, have not inflated. That's why that vape is still cheap. That is why that opportunity at a vicehood is still obtainable for you, is because they know that's where you'll go and you'll be weaker because of it. Especially young men. Young men, especially, feel a pressure in this economy to financially provide. They feel a pressure to grind and make it because damn, social media has put everyone's highlight reels out there of them making it. And it's put a pressure on this entire youth to choose whether I'm going to sacrifice my morals to stay legitimate financially in a lot of cases. I had this conversation, I'll end on this, with uh a gentleman, two gentlemen in Idaho. And one of the gentlemen not doing well financially. He wouldn't share that in that conversation. We'd had it priorly, but not doing well financially. And we talked about things like the data centers going up in his area, and we talked about AI being introduced at his old job and him thinking that was one of the main reasons he got kicked. Maybe he sucked.
SPEAKER_06I don't know.
SPEAKER_03But later on, we had a conversation with one other gentleman, and the other gentleman around my age was in robotics. And he's utilizing AI to program robots, and he's getting a DOD contract for his coding apparatus that he's built around robots. And then there comes this like conversation that was beautiful, albeit I wish it happened for eight hours, on the morality of being able to keep yourself afloat financially versus kind of like pushing against the system, if you will. Some would argue leaning into robotics and AI infusement is helping the system. Others will argue he's providing a lifestyle for him and his family. I know this debate happens often probably in our heads, but I'm happy to have it more on this microphone in your ears, and we'll continue that for the next hundred episodes, but I don't want my advice to fall on the ears of those that aren't in a position to make money moves, as there's nothing for me. This world is built on money, sex, drugs, gratification, validation, going viral, a lot of bullshit. I want you to pursue whole wealth. I want you to pick up a book. I want you to read. I want you to journal. I want you to write. I want you to wake up early and I want you to meditate. I want you to work out and push yourself. I want that cold shower to happen in your life. I want you to stop doom scrolling. I want pornography to be no place in your life anymore. I don't want you to give a care about what anyone thinks about you. This validation, where does it come from? Why don't you think of yourself enough?
SPEAKER_02To think that you need someone else's validation to make you feel enough.
SPEAKER_03We have a self-love epidemic going on right now in this world. And I hope that this channel can help alleviate it slightly whilst also preparing financially. So I'll end on this. If you're a young man and you want growth in your life, I join, I want you to join me on a journey. We're starting September 1st called the 90-day life max. Just DM me, man, if you want to be involved in that Discord and figure out what that's about. For all those others listening, I want to tell you once again, the debt is not gonna go away. We're going to have to print our way out of it. And things are gonna go up in price, and we're going to have a supply crisis, especially in food, because of it. 2027 will not be better financially for the macro. Doesn't mean for you, but for the macro. There's gonna be a lot of people where this is gonna hit them like a right hook. 2027 is gonna hit them out of left field, not you. Keep staying up to date, keep pushing yourself. It might be grind time, it's definitely prep for seeds time next year. I love you so much. Thank you for being a part of this show. Thank you for making it to episode 100. Freaking crazy. I'm gonna let Joe say something before we head off because Joe's been an integral backbone of this movement. If you're in the live, shout Joe out. He makes this possible. He keeps my head on straight.
SPEAKER_12Which button plays the track?
SPEAKER_03The track? Oh, the the Epstein track? Yeah, yeah. I think it's bottom left.
SPEAKER_12I can't nothing.
SPEAKER_10Nothing? Is the volume up?