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Turley Talks

Ep. 1471 Biden's Inflation Reduction Act Has SCAMMED Millions of Americans!!

Turley Talks

podcast@turleytalks.com

Politics, Daily News, News Commentary, News

4.81.3K Ratings

🗓️ 8 March 2023

⏱️ 18 minutes

🧾️ Download transcript

Summary

Highlights:

“When you think the Inflation Reduction Act is going to reduce inflation it’s actually going to cause inflation to rise because of the bigger corporations like Amazon, Nike and so forth, you either want to tax them out of the country or you’re going to force them to increase their prices to the consumers. It doesn’t actually solve the problem” - Michael Lush

“What we do as a capitalist is not only play defense so we can shelter ourselves from inflation or external factors but also start playing offense.” - Michael Lush

Timestamps:

[01:57] The Inflation Reduction Act and where inflation rate is going in the upcoming quarter

[04:10] What patriots should be doing with the impending layoffs

[05:50] The blind spot that most people have when they approach their mortgage

[08:13] Is it possible to secure and grow personal finances in any economy?

[10:42] How Michael has changed the life of one Turley Talker

Resources:

In just a few minutes a day Michael Lush is EXPOSING banking secrets to BULLETPROOF your finances March 13-18th at https://www.turleyeconomy.com/turley-create-your-own-economy-live

Do you own a 401k or IRA? Are you worried inflation is slowly eating away at your retirement nest egg? Convert your savings to a Gold IRA by going to http://www.turleytalkslikesgold.com/

Find a Job that Respects Your Values at RedBalloon: https://www.redballoon.work

Join Kingdom Entrepreneurs March 9-11th and make an EXPANSIVE IMPACT by registering today at https://www.100xconference.com/drsteve

Join Dr. Steve for an unedited, uncensored extended analysis of current events in his Insiders Club at https://insidersclub.turleytalks.com/

Get Over 66% OFF All of Mike Lindell’s Products using code TURLEY: https://www.mypillow.com/turley

BOLDLY stand up for TRUTH in Turley Merch! Browse our new designs right now at: https://store.turleytalks.com/

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Transcript

Click on a timestamp to play from that location

0:00.0

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.

0:19.0

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

0:27.0

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.

0:39.0

This is Turley Talks.

0:41.0

Hey, gang, it's me, Dr. Steve, and I've invited my good friend, Michael Lush, to the program.

0:54.0

Many of you know him as the man who's exposing the secrets of the big banks and helping thousands of people, including many of you, Turley Talkers, pay off their mortgages in as little as five to seven years.

1:07.0

Michael is an expert on the economy, and I'll tell you more about how you can get plugged into what he's building later on in the program.

1:15.0

But right now, I just want to bring him into discuss the blind spot that many conservatives have right now when they're trying to build their own parallel economy, their parallel policies, we like to call it, to separate themselves from woke liberal corporations.

1:30.0

So Michael, welcome back. Good to see you again, my friend.

1:33.0

Thanks. Always good to talk with you, Steve.

1:35.0

Yeah, that's awesome. Alright, so Biden claims, you know, that it's his priority to lower inflation rates and tackle sky high mortgage payments for many Americans, but I mean his policies obviously say otherwise.

1:50.0

I mean, he's in key ever right now for having sex.

1:53.0

Where do you see inflation rates going in this upcoming quarter?

1:57.0

Yeah, in the quarter, that's an easy one to answer. It's definitely going up.

2:01.0

You know, you look at the inflation reduction act that's it's as much of a climate bill as it is, if not more than an economics bill.

2:11.0

And you know, one thing it's targeting is to increase taxes on the wealthy and one thing that we know is that the wealthy pay 90% the top 10% pay 90% of the revenue that goes into the treasury.

2:23.0

And they have a very creative and such a knack the wealthy do with I would say avoiding taxes but paying more than their fair share.

2:32.0

Again, they're already paying 90% right and I don't I don't claim to be one of them.

2:36.0

So I'm kind of talking as an outsider here. I don't want them to be taxed to oblivion because what does that do to the overall economy and you look at the inflation reduction act.

2:45.0

I'm actually going to exacerbate inflation because it's taxing them more and you know, I just look at myself as a small business owner.

2:54.0

If I were to be taxed more, what am I going to do to offset the taxes that I would incur increased the prices to my consumers.

3:02.0

Every other business is exactly the same. So when you think it's going to reduce inflation, it's actually going to cause inflation to rise because of the bigger corporations like Amazon Nike and so forth.

...

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