5/8/25: Major inflation warning as Trump praises Houthis

The David Pakman Show

David Pakman

News, Politics

4.8 • 6.2K Ratings

🗓️ 8 May 2025

⏱️ 63 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

-- On the Show: -- Merici Vinton, former US digital service and DOGE staffer, joins David to discuss working at DOGE, the absolute an total fiasco that it was under Elon Musk, and much more... -- Fed chairman Jerome Powell issues a major warning about forthcoming inflation as a result of the Trump tariffs -- Donald Trump pre-fires his Surgeon General nominee Janette Nesheiwat, replacing her before she even starts her job with a conspiracy theorist named Casey Means -- Republican Jefferson Griffin finally concedes North Carolina Supreme Court race to Judge Allison Riggs, a Democrat -- Donald Trump calls Houthi terrorists "brave" in a bizarre and confused rant -- A recent cabinet meeting was a contest between Kristie Noem, JD Vance, Sean Duffy, and Andrew Giuliani over who could suck up to Trump the most -- The new Trump administration policy of "less stuff for everyone" is a stunning reversal from decades of Republican policy -- On the Bonus Show: What to know about India/Pakistan situation, the Newark airport fiasco, major concerns growing over Senator John Fetterman, much more... 💪 AG1 is offering you a FREE $76 GIFT when you sign up at https://drinkag1.com/pakman 🍷 Naked Wines: Use code PAKMAN to get 6 bottles for $39.99 at https://nakedwines.com/pakman 🔊 Babbel language learning: Get up to 60% OFF at https://babbel.com/pakman 🔬 Freedom From Religion Foundation: Text DAVID to 511511 or visit https://ffrf.us/freedom 🩳 SHEATH Underwear: Code PAKMAN for 20% OFF at https://sheathunderwear.com/pakman -- Become a Member: https://davidpakman.com/membership -- Become a Patron: https://www.patreon.com/davidpakmanshow -- Get David's Books: https://davidpakman.com/echo -- TDPS Subreddit: http://www.reddit.com/r/thedavidpakmanshow -- David on Bluesky: https://davidpakman.com/bluesky -- David on Facebook: http://www.facebook.com/davidpakmanshow Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0	Welcome to the show.
0:01.0	The Federal Reserve Chairman Jerome Powell has issued a major inflation warning over Donald
0:14.6	Trump's tariffs.
0:15.6	I want to talk about it today.
0:17.1	And one of the important takeaways,, there's two critical takeaways here.
0:21.3	If you understand nothing else, if you hate even the concept of listening to what the Fed
0:27.5	chairman says, as I know many people do, people who are like, that's not what I need in
0:31.7	my life.
0:32.7	I don't need to be listening to statements from the Fed chairman.
0:34.9	I just need to live my life.
0:37.0	If you want to know the effect
0:38.7	that this is going to have on you, really two important takeaways. Number one, the Trump
0:43.2	tariffs, if they hold, are going to be bad for the price level. They're going to cause inflation.
0:48.5	They're going to make things more difficult to afford for the average American. And number two,
0:52.7	the Federal Reserve seems to have zero interest whatsoever in bailing Donald
0:56.7	Trump out by lowering interest rates, which tends to have the effect of boosting the stock
1:02.9	market.
1:03.5	So let's go to the video.
1:05.2	Here is Jerome Spout up, Jerome Spowellell, Jerome Powell speaking yesterday with what some are saying is a bombshell shot across
1:14.8	the bow at Donald Trump.
1:16.7	If you've been paying attention, you know who to blame, but let's listen to Powell and
1:22.0	then talk about it.
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from David Pakman, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of David Pakman and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.