Hello everybody and thank you for tuning in to the Liberty Report.

With us today we have Daniel McAdams, our co-hosts.

Daniel, good morning.

Good morning, Dr. Paul. How are you this morning?

Doing well.

Lots of stuff going on.

I wonder how all the politicians are feeling about the people who want to cut the budget.

But you know what?

With all this stuff going on, I would say some truth is breaking out.

More people are starting to realize that some of our concerns are being heard by a larger number of people.

But you know, one thing I've told people I do, I look at the gold price every morning because I think it tells us a whole lot.

Not that I care about the gold price, but I look at a gold relationship to the dollar.

So if the dollar price of gold is going up, that means the value of the dollar is going down.

And that's where our problems are.

And there are two people, once again getting an argument over their Trump versus power.

And Trump is unhappy because Trump, even weeks ago, was arguing with the chairman of the Fed,

lower rates, lower rates. Trump is smart enough to know that you can't get away with this without having a recession.

And the tradition with Keynesian economics is when you have a recession, obviously you've got out by creating more inflation with the monetary system.

You do that by lowering rates and pumping up the money supply. And sometimes it helps and sometimes it just delays the inevitable.

But now Trump is just furious that Powell didn't listen to him. And now things are kind of breaking

out. There was a report this morning that the new job report way over the way under the estimates means that more

people are admitting and recognizing the recession depression that's on our

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