Why the Banking Crisis Is a 'Long COVID' Effect of Disastrous Federal Reserve Policies | Guest: Rep. Thomas Massie | 3/13/23

Conservative Review with Daniel Horowitz

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🗓️ 13 March 2023

⏱️ 61 minutes

🔗️ Recording | iTunes | RSS

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Summary

Thanks to the COVID money printing by the Federal Reserve, our economy is stuck on a virtual ventilator, where we can’t get off loose money policies without risking a banking collapse. It’s a recipe for permanent stagflation, and consumers will be hurt most. We’re joined by Rep. Thomas Massie to break down the details of the "don’t call it a bailout" bailout from the Federal Reserve and how this will create endless inflation. Massie goes through the fact that the Federal Reserve has acted in four stages: as Santa Klaus, the arsonist, the firefighter, and now the triage doctor. This will not end until we abolish the Federal Reserve’s power to monetize our debt and manipulate the economy by socializing the losses of the well-connected elites. We need Federal Reserve reform once and for all. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Politics without the soap opera with unfiltered constitutional conservative truth
0:06.4	The conservative review with Daniel Brooks and welcome back fellow American Patriots and Minimans standing at the ready to fight
0:13.9	Anu for our life Liberty property economy humanity and all of it in between
0:19.2	We covered all here at CR podcast. This is your host Daniel Harwoods back to be here for a very exciting week
0:26.4	um
0:27.3	It's the 13th of monday monday the 13th, but it feels more like friday the 13th
0:33.4	It's kind of interesting. I wanted to focus this week obviously on the third anniversary of 15 days to flatten the curve the rise the fourth rike
0:42.8	Um and everything about it
0:44.6	But we're not gonna focus on it, but still focus on it because it's actually
0:49.2	Sourced in the same thing the banking collapse the bailouts the economic ventilator that we were placed on
0:58.5	The economic transformation without representation just like the social transformation without representation
1:06.8	It all stemmed from the same source
1:10.1	Back in march 2020
1:12.8	When the big man was in the chair as president. I'm sorry to say
1:16.8	Not only did he go along with it. He viciously attacked Thomas Massey for trying to fight the
1:22.7	fiscal and monetary policies that underwrote the lockdowns the worst policies in American history
1:30.5	And you know we focused mainly on life and liberty aspects of COVID fascism for good reason because that's life and liberty right you can't get beyond that
1:40.2	But now that we're focusing on the economy and you have the new bank bailout
1:45.3	There's a lot of commentary on it. The establishment is always is gonna go along with it
1:49.5	Well, we don't like bailouts, but it's not really a bailout, but it is
1:53.0	But it had to be done
1:55.2	The more like populist conservatives are gonna be like well, you know, you're bailing out the big guys that expensive the little guys
	...

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