Stay ConnectedPatriot Radio News Hour with your hosts Joe Jaquint and Jason Walker, believe in educating everyone when it comes to protecting your wealth.
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Where is Biden? We hear about all the bills that he’s proposing but we don’t hear it from him. Tax increase. Hey you could get $300 for every kid you pop out! Get ready, the green new deal is coming. Major inflation. You think gas and lumber prices are high now just you wait.
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Jay Powell is inflation will only be temporary. He is right. We will have inflation until the crash. Why are banks selling? The dollar is not rallying . Producer prices are showing us that inflation is already here.
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Joe breaks down what is really going on with the bond market auction and the “tail“.
Plus can you afford a new Jeep? Think again.
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High inflation into No inflation, it’s a miracle! Bureau of labor statistics releases the consumer price index. Guess what? There’s no inflation. According to the BLS, housing cost have not risen, cars cost relatively about the same as they did in 1997 and gas prices are actually lower than they were. Truly amazing!
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Jay Powell can’t admit what is really going on. Why do they have a rates so low?
Do they want to save your money? Nobody believes we need more stimulus, we need to open up! Central bank believes that they should control everything…that’s the answer and everything will be fine.
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Joe invite his friend Dan and three more listeners to the program to discuss stimulus, online education and simply throwing out the “blue book” price when it comes to gold.
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Why does Jay Powell want the COVID relief bill passed so badly… it’s really just to bail out the states. We keep hearing that any inflation that we are experiencing is only temporary. Sure it is. Today we had great job numbers but they were for jobs that were not great.
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If the central bank doesn’t take action rates will go higher. The Fed is only acting now after the fact. Repo market hits new lows. Car prices rising, housing cost rising, food cost rising, this will end in a massive crash!
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Bank of America warned of the bond market bubble well before COVID. The central bank lacks integrity. Manipulation everywhere. The last thing the Fed wants is bonds priced appropriately. We are going to have massive inflation. You have been warned. Be prepared.
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Joe explains why it might be time for the Fed to twist again! The market realizes that without change from the Fed they can’t sell the debt. The fed rate should be rising. India and China taking advantage of the dip and gold 300% increase in purchases.
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