The Federal Reserve is Making Americans Poor with Economist EJ Antoni
The Carl Jackson Podcast
Salem Podcast Network
4.9 • 2.2K Ratings
🗓️ 4 April 2024
⏱️ 24 minutes
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Summary
Did you know before Woodrow Wilson created the Federal Reserve in 1913, the dollar had decreased approximately 2 percent in value since the beginning of the country? However, since the creation of the Fed the dollar has dropped about 95 percent in value? Economist EJ Antoni of the Heritage Foundation joins Carl to discuss how the Federal Reserve has helped to create a permanent American underclass, and how the Covid lockdowns produced an “unparalleled transfer or wealth that continues to this day.” The good news is, you don’t have to be a victim.
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Transcript
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| 0:00.0 | Welcome to the Carl Jackson show your daily dose of objective truth in a world of |
| 0:05.8 | confusion and lies. Guys there's a lot going on in the news today but one of |
| 0:10.1 | the things that I definitely want to make sure stays front and center is what the left |
| 0:14.8 | is trying to do to make you poor in my opinion. |
| 0:19.3 | You know you've heard the saying from the world economic form. You will own nothing and be happy. |
| 0:25.0 | Well, I'm honored to be joined today |
| 0:26.7 | by my guest, E.J. Anthony, he's an economist |
| 0:29.9 | at the Heritage Foundation. |
| 0:31.3 | You can check out his work at heritage.org a daily signal |
| 0:34.8 | dot com and I ran across one of his columns how the Fed helped help create a permanent American |
| 0:42.1 | underclass. |
| 0:43.4 | And he wrote it so, I thought, concisely and clearly |
| 0:48.4 | that I wanted to bring them on, |
| 0:49.6 | because sometimes this stuff is just |
| 0:51.0 | a little difficult to understand, understand frankly if you're not too |
| 0:54.1 | familiar with it and I never want to take for granted. |
| 0:57.3 | Listen, I don't think any of my audience members are stupid honestly. |
| 1:00.4 | I feel like if you're conservative, you know a lot of this stuff but it helps when |
| 1:04.0 | somebody like E.J. and Tony can come on and break it down where it's absolutely |
| 1:08.5 | clear to everyone and where you can explain it to friends, family members on etc so eJ and Tony thank you so |
| 1:16.1 | much for joining us on the Carl Jackson show no thank you for having me absolutely so |
| 1:21.3 | e jay let me Let me do this. |
... |
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