S8 Ep836: 1/3: Preview for Later Today: Charles Burton examines China's exploitation of Western technology like AI and 5G to expand global power and sustain the Communist Party's control over failing systems.
The John Batchelor Show
John Batchelor
4.5 • 2.8K Ratings
🗓️ 6 May 2026
⏱️ 1 minutes
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Summary
1/3: Preview for Later Today: Charles Burton examines China's exploitation of Western technology like AI and 5G to expand global power and sustain the Communist Party's control over failing systems.
Transcript
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| 0:00.0 | This is John Batchelor. My colleague Michael Bernstein of the Hoover Institution commenting on the oil crisis because of the Middle East and what does this mean for the U.S. |
| 0:10.8 | The U.S. has plenty of oil, plenty of natural gas. However, it is a worldwide price and the U.S. must pay it. |
| 0:18.9 | And that means, as Michael explains, inflation. |
| 0:23.0 | Here's Michael Bernstein. |
| 0:24.7 | More of this tonight. |
| 0:26.0 | Oh, no. |
| 0:26.4 | The United States will be fine, although oil is a global commodity, |
| 0:30.0 | and so prices at the gas pumps will inevitably go up, |
| 0:35.1 | not as much as in Europe, |
| 0:36.5 | but still the United States will feel it. |
| 0:39.0 | And that's why the Federal Reserve Bank of Cleveland already made the projection |
| 0:46.1 | that inflation in the United States will increase from 3.5% to 3.7% if you count |
| 0:54.4 | oil, gasoline prices, gas prices, or product prices. |
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