Are we seeing the revitalization of conservative civilization, all over the world has been a massive backlash against globalization, its leftist leadership, and its anti-cultural liberal values, and it's just the beginning.

I'm Dr. Steve Turley. I believe the liberal globalist world is at its brink, and a new conservative age is rising.

Join me every day as we examine these worldwide trends, discover answers to today's toughest challenges, and together learn to live in the present in light of even better things to come.

This is Turley Talks.

Hey gang, it's me, Dr. Steve. I'm here once again with a very familiar face. My good friend, Michael Lush, as you know, we're all about world building on this channel, helping you build a parallel economy for yourself, for your loved ones that enables the eternal values of faith, family, and freedom to absolutely flourish.

Michael's been on the forefront of that world building, building a Patriot economy for some time now, and he's here to give us an update on what patriots need to know about interest rates in particular and going into the new year.

Everyone knows to Mike is having an amazing major virtual event.

And next week he'll be telling us about who be diving into all these topics and more, and he could sign up for that just by clicking on the link in the description below.

So Michael, welcome back. Happy New Year to you. Happy New Year.

Awesome. We were talking beforehand. You look great, man. Those are the duds you're wearing. That's from Christmas. You have a wonderful wife who knows how to take care of her man there.

Great stuff, man. Yes, she knows what I like. Camo.

Camo and the American American flag on there, it's awesome.

So, yeah.

Yeah, there you go. So last week, just diving right in, man, the Fed raised interest rates by half a percentage point.

In an effort to slow down the economy and try to tackle inflation and the like that inflation they caused, of course.

But how should we think about this move and what do you see as its effect overall on the economy and particularly the housing market?

Yeah, I think it's a tail tail sound, you know, but although they are increasing interest rates and we don't like to see increasing interest rates as consumers, right.

But they did instead of doing a 75 basis point interest rate hike, they did a 50 basis point interest rate hike.

And we're already seeing lingo that they're going to have to reverse course, probably the second half of next year.

So we may see another interest rate hike, you know, first quarter of this year, maybe even second quarter of this year.

And it's going to get to the point because it's a bit of a lack.

So some of the decisions that they made this summer, they're starting to see now, right.

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