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The Ben Shapiro Show

Ep. 1558 - The Inflation Reduction Act That Doesn’t Reduce Inflation

The Ben Shapiro Show

The Daily Wire

News, News Commentary

4.4152.4K Ratings

🗓️ 18 August 2022

⏱️ 46 minutes

🧾️ Download transcript

Summary

Click here to join the member exclusive portion of my show: https://utm.io/ueSEj The Federal Reserve announces that inflation will remain high as Democrats and the media cheer the so-called Inflation Reduction Act; Bill Gates brags about how he got the bill across the finish line; and Liz Cheney launches her bid to take down Trump.   Become a DailyWire+ member to watch Ben Shapiro’s Book Club tonight at 8pm EST: https://utm.io/ueMfc     — Today’s Sponsors: Protect your online privacy with ExpressVPN. Get 3 Months FREE! EXPRESSVPN.com/BEN  American Financing empowers families with personalized mortgage solutions. From lower rates to shorter terms, and even debt consolidation, their mortgage consultants can do it all! To get started, call (866) 721-3300 OR visit AmericanFinancing.net   With thousands of satisfied customers and an A+ rating with the Better Business Bureau, Birch Gold can help you protect your savings. No-Cost, No-Obligation FREE Information Kit Text BEN to 98-98-98 Shop auto and body parts from hundreds of manufacturers. Visit www.RockAuto.com and write SHAPIRO in the 'How Did You Hear About Us' Box. ZipRecruiter makes hiring so much easier because they do the work for you. Try it For FREE www.ZipRecruiter.com/dailywire  Learn more about your ad choices. Visit podcastchoices.com/adchoices Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

The Federal Reserve announces that inflation will remain high as Democrats in the media

0:03.5

cheer the so-called inflation reduction act.

0:05.9

Bill Gates brags about how he got the bill across the finish line, and Liz Cheney launches

0:09.4

her bit to take down Donald Trump.

0:11.4

I'm Ben Shapiro.

0:12.0

This is the Ben Shapiro show.

0:19.0

Today's show is sponsored by ExpressVPN. Do you like your web history being seen and sold to advertisers?

0:23.4

No, me neither. Get ExpressVPN right now at ExpressVPN.com slash Ben. We'll get to all the news in just one

0:29.1

moment, including the Inflation Reduction Act. Get ready for it. Guys, it doesn't actually reduce

0:33.3

inflation. I know you're shocked. Speaking of which, you know, if the Inflation Reduction Act isn't going to reduce inflation, and inflation is going to continue, maybe you should take some of your money out of the American dollar and put it into a place that has been inflation proof for literally all of time. That would be into gold and silver. During the 2007 recession, Washington Mutual Lehman Brothers Chrysler, multiple blue chip stocks went down to

0:54.4

zero overnight. Could that happen again? If so, how confident are you your savings are protected? Well, throughout history, gold has always been your best hedge against inflation. Smart Americans diversify. At least want some of your hold. I'm not saying like take all of your stocks and liquidate them and buy just stockpiles of gold. I'm saying you need to diversify into gold at least a little bit because I have.

1:11.9

Smart Americans do this

1:12.9

to protect themselves

1:14.1

from downturns in the market. and buy just stockpiles. I'm saying you need to diversify into gold at least a little bit because I have.

1:11.9

Smart Americans do this. To protect themselves from downturns in the market due to global instability or the following dollar, it's not too late for you to take action right now. Birch Gold Group helps you hold gold and silver in a tax shelter retirement account. In fact, if you have a 401k or IRA that's underperforming, just text Ben to 98, 98. 98.

1:26.6

You can convert that into an IRA in precious metals right now.

1:29.1

Again, text bend to 98, 98, 98.

1:31.2

Birch Gold will send you a free info kit on diversifying into gold tax-free. Take the necessary steps to hedge against inflation today. Protect your hard-earned money. Get your free info kit by texting Ben to 98-98-98 right now. Well, it seems that the Democratic attempt to pass a boondoggle bill

1:47.2

filled with a bunch of green garbage and then call it the Inflation Reduction Act and then get a

1:51.5

bunch of people to vote for it, that's not going to work so well because as it turns out,

1:54.9

it's not actually reducing inflation. And it just goes to the point of how stupid our politics

2:00.2

is. You just take a bag of crap and you label it gold and then you throw it out there. And it just goes to the point of how stupid our politics is. You just take a bag of

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