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Chicks on The Right - Conservative Politics & Culture Commentary

Ep. 203 This Is The Only Way To Survive Biden’s Nightmare Economy (ft. Birch Gold)

Chicks on The Right - Conservative Politics & Culture Commentary

Radio America

News, Society & Culture, News Commentary

4.72.4K Ratings

🗓️ 23 September 2023

⏱️ 9 minutes

🧾️ Download transcript

Summary

In this week's episode The Chicks sit down with precious metals specialist Phillip Patrick from Birch Gold to discuss Biden's nightmare economy. From shutdowns, to interest rates, and inflation they cover it all!

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Transcript

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0:00.0

The problem in the economy right now

0:01.9

is that credit growth is constrained.

0:04.8

So when they raise the interest rate,

0:07.1

it raises the risk of financial instability.

0:10.0

The Senate already passed a $1.59 trillion

0:13.2

version of the budget.

0:15.2

So the pressure's really on.

0:16.8

What do you want to do to get the addition of the chicks on the right podcast?

0:24.3

Today we are joined by Philip Patrick from Birch Gold,

0:27.3

who's going to help walk us through some of the more recent economic news

0:31.2

that we all need to be thinking about.

0:33.4

And one of the things that is on people's minds big time right now

0:37.2

is the possible looming government shutdown

0:40.6

that is potentially going to happen in the next couple of weeks.

0:43.9

So what is at stake with this potential shutdown this time?

0:48.3

There's a lot at stake actually,

0:50.2

particularly with the economy as precarious as it is right now.

0:54.5

But the problem that we have,

0:55.8

so the government's fiscal year begins October 1st.

0:58.7

And Congress needs to pass the 2022, 2024, sorry,

1:03.1

spending bill before then.

1:05.2

The problem is that the Republicans already agreed to pay

...

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