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Inflation Nation: Shortages, Housing, and where our INSANE inflation is coming from

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There is a national shortage of baby formula, and nursing mothers struggle to feed their babies all over America. One of the reasons for this is the FDA shut down a major formula plant in Michigan due to some contamination issues. Still, the FDA is taking forever to approve European baby formula as safe. Meanwhile, DHS has a stockpile of baby formula at the border for illegal migrants while American babies are going hungry.

Inflation continues to rise, with the poorest being hit hardest, but we’re sending billions of dollars to fund the war in Ukraine. The cost of housing keeps going up, we’re in the midst of an opioid crisis, and Congress needs to stop printing money and work on decreasing inflation! All this and more on today’s broadcast!

Episode Transcript

Lance: Going to cover some important subjects today and I’m asking for a female perspective on the baby formula story. It’s dominating the news cycle. It’s like the Amber Heard and Johnny Depp thing. This is like I’m trying to understand people why is this news is it big news. And so, well Mercedes sets me straight gives me her perspective out of it. Then we go from there into the real economy stuff, because it really comes into what’s happening with the economy, where it going and how cartoon art is telling a story. You can see the cartoon. You’re not on the podcast audio, you’ll especially appreciate it. And I want to find out what is happening in terms of the global picture you realize is Sweden and Finland. This haven’t been involved with the Military Alliances the Napoleonic era. 

They’re lining up with NATO against Russia. What is this mean, where is this going? That’s the kind of stuff you’re going to find out today. And listen you’re not going to find the else because we drilled down on it in a way that I think is frankly prophetic and profound. Before you go, I want you to take a look at Mercedes Green Thumb. She’s set up in just, what she says 10 minutes or 15 minutes in the office in our conference room. How long ago was this? This was like a week ago.

Mercedes: This is the third week, where today will be our third week.

Lance: Third week. So, week one picture if you can see this it’s like you know the space station floating around in there and then week two is like the beginning of bit of green. Then we got Jurassic Park in week three. This is like edible various kinds of in-house grown green products.And what we’re looking at here is in the food supply disruption how to increase your ability to have control over healthy food production inside your house. Lancewallnau.com/garden. I am proud of this task we’re doing. We’re right in the office. We’re growing our own garden. You can too. Lancewallnau.com/garden”, and we’ll see you on the other side.

Welcome, welcome, welcome to all of you that are part of this great massive army of enlightened warriors that are taking back the nations. And it’s great to have with me Mercedes Sparks and the ever-illuminous Carl Wallnau and Jonathan, our trusty scribe who is got the, I like your headset. It’s always kind of you look like you’re landing planes over there. The rest of us don’t look like we’re properly attire for this show.

Carl: That’s you that’s your job Lance.

Lance: Yeah, land that plane. As I tell my staff. Don’t ever give this they all kind of go like that. Land the plane. Makes me very frustrated. So, I’m not going to do the story that everyone wants me to talk about the baby formula. Because I’ve got five different reports on baby formula. Clearly the fact that I don’t know. Is this because like three fourths of my team back there are all could it. Because the women are is this a big story for you?

Mercedes: It’s a huge story.

Lance: Alright okay.

Carl: Big story for America? Why you being sexist about it?

Mercedes: It’s a huge story and you’re like, I’m not going to talk about it.

Carl: What is this? Just the women care?

Mercedes: Does women care about babies? I mean what is this? Women and babies.

Lance: No, it’s like I’m going through show prep and it’s like no Amazon won’t supply the baby formula. Why it’s not safe to make your own baby formula. Major baby formula plan should be reopened. I’m go this is the news today? It’s all about.

Mercedes: No, I had a whole setup I was going to do and now we just blown through it. That’s okay next time I just don’t tell you what I’m talking about.

Lance: Okay, well what’s the story with the baby formula?

Mercedes: Well, there’s a national shortage. There’re multiple states where you can’t even get formula. So, if you have a baby and you can’t nurse that baby for whatever reason it’s very difficult for a lot of moms. And so, it is really relevant in my opinion because this is the view audience. These are the women who at times buy into that whole narrative of like Trump bad. Biden good. You know and it’s just but now it’s hitting them where they care the most. It’s they can’t even, you can’t feed your kids. The Biden administration has so bungled the handling of this. We just said 40, what is it? Billion dollars over to the Ukraine but we didn’t priority.

Lance: 50 total.

Mercedes: We didn’t prioritize ensuring that mothers would be able to feed.

Lance: Here’s a sarcastic comment. He said, oh, I’m sorry we aren’t clairvoyant. We couldn’t see this problem coming.

Mercedes: Well and you know what, Dan Crenshaw for all Dan Crenshaw is worth. At least had a really good tweet where he said, fix a formula shortage now. Expedite the investigation and reopen the close Michigan so that’s what this whole story was about Lance that the FDA they had to close one of the Similac plants which is like a powder based. You mix it up with water and you feed your baby. There was contamination in like at least two cases of it. So, they shut the whole plant down which is one of the reasons there’s not enough formula going on.

Lance: And listen there’s a little debate about that contamination too. I mean it’s not like it’s an open and close case.

Mercedes: So, you do know about this.

Lance: Well, I mean I do because I was trying to say what’s the big deal. Now Bet Midler said, hey, mothers just go ahead and do it the old-fashioned way, breastfeed. But some women can’t. Some like for my mom, she was telling me when my brother, when he was a baby, she couldn’t produce enough milk to feed him and so sometimes you just can’t. So, that’s where formula comes in and help supplements. Some women just aren’t even able to produce but here’s what he said. So, I would have finished Dan’s tweet and then so that was one thing. The other thing was too, the FDA needs to approve safe, quality European baby formula and import it and then the third was DHS needs to tell us what supply they have and immediately. Because there’s a congresswoman who tweeted out that at the border, there’s illegal immigrants who have baby formula. They have it all stocked up on shelves. Meanwhile, Americans don’t have the ability to buy formula.

So, it’s a really big controversy and so, I wanted to bring it up. But one of the things that I think only adds to fearmongering are the two articles you just referenced. So, Dan said, hey, import it. So, here we have, this is probably a local news article, AP Wire says, Amazon Canada won’t ship baby formula orders to US parents. Meaning Amazon won’t ship it themselves. So, that’s silly that’s a law that needs to be revoked and fix the problem. Then the other and even in Europe why can’t we import it then they had this crazy thing the media is putting out and it says why it’s not safe to make your own baby formula. What the heck do these people think happen before Similac even existed? Before we production lined every single thing. And it’s today it’s the it’s the website today and it says it’s not safe to make your own baby formula.

What are they even talking about? How do they think humans survived before we had production factories and plants? It’s like its goat’s milk, it’s mixing certain ingredients together to give the baby nutrients. Like there’s all sorts of stuff online, but this just to me it’s just fearmongering.

Lance: So, do you buy the story that the government has put all this stuff down there on the border for illegals.

Mercedes: Yeah, no that’s like a fact there was a congresswoman who tweeted out that picture.That’s actually happening.

Lance: Maybe we can get that in post. We’ll put that up on the screen, so people can see it.

Mercedes: Yeah, and so that’s what Dan says, it’s like well get in contact with DHS. How much baby formula do you have? Because it’s a real crisis in a number of states. I mean you go 6, 7 hours you can’t find anywhere with baby formula. So again, it’s just the bungling of priorities by this administration and like you said, it’s like we didn’t know that this was coming. We couldn’t proactively have said, hey, let’s go ahead. Because like the idea that the FDA is more a safeguard for food than the Europe is laughable. I mean, that’s one of the arguments that’s made. It’s like, well, the FDA has improved it. It’s like Europe’s food, food and drug standards are way better than ours.

I mean, you look at the back of like a ketchup bottle in the States versus a ketchup bottle in Europe and you know exactly what all these natural ingredients are in Europe. And here you’re like, why can’t even say this word? I mean, it’s just the wildest stuff that’s in the ingredients. So, anyways, I wanted to bring it up because it is a big deal. People been asking you to talk about it so.

Lance: Well, I’m glad that we got that covered.

Mercedes: It’s a big deal.

Lance: It is a big deal.

Carl: I have a question. Why do we care about what the FDA approves? Because aren’t they really just shields for big pharma?

Mercedes: Yeah.

Lance: Well, I’m sure that they serve a useful function. And that historically, we could prove that by stepping in, they’ve saved us from some lunatic claims that people have had about this will cure this or this will cure that. So, t’s kind of like.

Carl: Let the buyer beware.  Let the buyer beware. That’s just like capitalism 101.

Mercedes: Well, I think there’s corruption anywhere. I mean, when the minute you start making these giant government organizations that have the ability to approve or deny, put businesses in business or put them out of business, you have a level of corruption.

Lance: Hey, here’s a crazy story like this one’s going to probably get be banned on the. But so,story just came out yesterday and it was Miami. It was about a Cessna; a guy goes on a fishing trip and the pilot he has a pilot this pilot in home he rents like a Cessna small plane. The pilot says to the passenger he says, I don’t know what’s going on here I’m not feeling too good right now. My head’s kind of cloudy and then and the guy in the backseat has a picture of himself but his bare feet up on a chair. It just before the pilot told him that. So, the guy goes, well, what do we have to do for you? Because he had a copilot who didn’t know how to fly the plane. He was a buddy of the pilots just travel with him. He says, nothing, he slumps forward.

Now the plane is going down towards the ocean. The guy gets out of the backseat, goes up and slowly pulls the wheel. Now he just started going to bible studies. So, he has an anger problem that’s the interesting thing. So, he started going to bible study, his wife was praying for him made him go to church. So, he said he just had the supernatural calm come over him. He gets the guy out of the chair and lays him down, then you hear the 911 call. ‘Hey, we got a problem here I’m flying assist, the pilots out. He’s flat out I don’t know he’s unconscious. And he said, he was sick but I don’t know how to fly this plane.’

So, they start talking to him and saying, ‘Well, can you see the coastline.’ He saw the Florida coastline to the left. He said, ‘The runway’s going to look.’ As you kind of gradually nose down he had to do some practice landing in the cloud had enough gas to do it. And kind of like imagine and then comes back and lands the plane barefoot, never flew a plane before. They just talked to him about how to do it and they said to him, he said, ‘How did you, did you think about calling your wife at all and because she’s pregnant with a daughter and or with a yeah, she’s pregnant, going to have a girl. And did you think of calling her at all to say.’ So, he said, not really because at no point did he accept the fact that he was going to die, and he was concerned about the pilot getting him to the hospital.

So, in his mind, that wasn’t an option. But it’s the scenario and so the question is the journalist says, how many pilots that have these forced vaccinations are having brain aneurysms and strokes and blood clots in high altitudes flying. Because the guy went, he’s still alive, he’s in a hospital. But you read that stuff and you go, well there’s the FDA approved vaccines and it’s showing up among pilots and stuff like that. And you’re seeing a higher incidents of this statistically than people want to talk about. But insurance, you can see start to see some actuarial tables of where it’s happening with pilots so.

Mercedes: Yeah. Well and the guy the FAA guy he was actually a former flight instructor. So,when he called, he didn’t call 911. It was like FAA. It’s like Tower, Tower. And the tower guy he was a former flight instructor. So, he was able to coach.

Lance: Oh my gosh. I didn’t know that. So, he didn’t tell him that in the interview. I fast forward it through the interview. You know me have kind of impatience 10 minutes. I want to show you guys today. I thought I had 10 minutes. No one has patience to watch it but it’s very interesting.

Mercedes: Did you know too, I heard recently that there was some sort of airline, it was not here in the States but back when, what’s that book series where it was like for the Rapture and everybody’s like?

Carl: Left Behind.

Mercedes: Left Behind, yeah. When Left Behind was really popular, they refused to put two Christians in the cockpit together.

Carl: Yup.

Mercedes: Because they were concerned that if the Rapture happened like that was…

Lance: Who is they?

Mercedes: It was an airline.

Lance: It sounds like TikTok.

Carl: It was probably Southwestern spirit. Yeah.

Mercedes: I just heard this the other day like from an actual person.

Lance: I’m going to fact check this one people for those of you that are a little bit dubious but I can’t see Delta doing that.

Mercedes: No that wasn’t delta.

Lance: Too many unbelievers in pagans, right.

Mercedes: No, it wasn’t here in the States. It was a different airline. I want to say it’s like an Asian airline or something like that. But I just thought that was really funny.

Lance: Well, by the way we had that cartoon you have which wasn’t very comforting to me after that story about American economy.

Mercedes: Yeah. We could put it up on screen.

Lance: Thank you for flying with this all-Democrat majority flight crew. I’m Captain Biden. I want to take a minute to just blame Republicans for what’s happening.

Mercedes: And it’s a picture of an airplane taking a nose.

Lance: It’s oh myy God Its plan flaming out. It’s an American economy plane.

Mercedes: But you know what it reminded me of? It reminded me of our chapter in our book where we open with the whole story of the hijacking of the airplanes. And when I shared it that’s the caption, I fill with that.

Lance: I mean it’s just like before the election. I said Democrats are going to run down with box cutters. They’re going to steal the election and they’re going to crash the plane.

Mercedes: Exactly.

Lance: And this is exactly what I foretold in this. Who wants to be right about that stuff? It doesn’t make a best seller.

Mercedes: No, but that chapter is up on your website for free at Lancewallnau.com. You can actually get that chapter right now.

Lance: No, we have the false religion.

Mercedes: That’s that chapter.

Lance: Oh, is that the chapter?

Mercedes: Yeah.

Lance: Well, there you go. It’s available. Lancewallnau.com. Just go there and download the chapter for free. It is, by the way, it is a best-selling book. I should correct myself. We sold over 100,000. But it would have sold a lot more then we’re maybe.

Mercedes: You can still get it.

Lance: You could still get it because we predicted the vaccine passport. The digital dollar. The takeover of the EU. The crashing of the banks. The centralization of banks. The China emerging. I mean we covered the whole the whole deal.

Mercedes: But it’s still even unfolding.

Lance: It’s unfolding as we speak people, but I want to talk about this economic thing. Because as the economy goes down. There’s only a couple of things. People always ask us and you’re going to be putting together some research on this.

Mercedes: Yeah sure.

Lance: Because Mercedes has some data about how you can use certain credit cards that actually tie into so that as the dollar loses value, your dollar doesn’t because your credit card is actually tied into a gold account. We’ll talk about that another time. Right now, Lancewallnau.com/birch. A lot of people are thanking me about this because they’re at least putting. The dollar in free fall peg two, they’re getting into gold where they can and right now, there’s still enough play there. So, you can, so it really works for you where you have a bit of a hedge and the hedges go is going to go up. It’s a great what they call store of value. It’s gold and silver is stored value. So as the dollar goes down, inflation goes up, bam. You’ve got that.

Mercedes: Yeah, you’ve got gold. I mean, our financial people that advise us are saying, anywhere between 20%, if you have cash on hand about 20% in there.

Lance: Yeah. You don’t put 100% in because 20% in there and then there’s other strategies, other stuff you got to do. Well, and we’re going to talk about that because there’s even with real estate,a lot of people are looking at this I have a clip by the way. Chelsea, I don’t know if you’ve got it to our producer back there but I gave her, I sent you a clip-on Skype earlier. I should have told you before the show. I sent it to you. It’s an important clip and I want to play it live on a broadcast. But it’s a congressman who gets up he’s just one of those nuts-and-bolts guys it’s like yeah Salt of the Earth this is what we need. He gets up and he addresses the house and here’s what he says.

He says, I’ve got friends of mine whose houses are selling for 50% more than they were asking for a year ago. That’s good for them. Till they have to go buy a house. Which is 50% more. He said, you know what I feel sorry for? I feel sorry for, like I’m looking at Carl. I’m looking at Jonathan. I’m looking at you Mercedes. He says, I feel sorry for the next generation. Because for you that are renting. For you that are buying. For you that are having to work with looking for where to live. You have a problem. And you know what the problem is? The United States government is printing money like a monopoly machine that’s flooding the market. That’s how come you’re paying 50% more for a house. It’s not because houses are more valuable. There’s more money floating around and people are desperate to either make the deal or get out.

And so he said, here’s the message you’ve got to send congress. Stop spending money. You’re big enough. Shrink it. And that’s all he says. And it’s like two-minute message, but I want to play it for you guys. Yeah, that’s the guy because it he says it in such simply, he said, it’s all because we’re flooding the country but it’s not Putin. It’s not complicated foreign policy with Saudi Arabia and OPEC and oil. It’s the dummies in the Democratic Party and the weak Republicans who just are running a printing press to multiply money.

Mercedes: Wanna play it?

Lance: Play it.

Video Voice: Well, we just got back from our home districts and we all heard different, but I’m sure I talked to dozens maybe over 100 people over the weekend. The number one topic of concern is the inflation. In particular, I ran across someone whose house sold for probably 50% more than I would have thought that house would sell a year and a half ago. I’m sure it was good for the person who sold the house but I feel so sorry for young people today. Now, why is the cost of housing up so much? The same reason the cost gas is up, the same reason the cost of food is up. It’s because we have a greatly increased money supply. I encourage all Americans to get on your computers. Look at M1 measure the monetary supply. That is not something that has anything whatsoever to do with the war in the Ukraine. It is simply overspending on the part of this Congress. The American Rescue Plan Act, the first big spending act of the new administration, one of the most fiscally irresponsible things I’ve ever seen. But I encourage all Americans when you talk to your congressman tell them, government is big enough. Please don’t spend anymore. Thank you much.

Lance: Wow. So, the point that I want you to catch is, we need every American of sense to get involved with protecting your future. Because it’s so weird that every policy decision driven by the ideological agenda of the left looks like a form of suicide for the west. Right on down to the taking and destroying the world’s strongest economy with the lowest unemployment, with the industrial base being reformed and and understand something. This is a Steve Bannonism he was harping on today. Do you know why the borders are open? Do you know why it’s so irritating to see McConnell and these Republicans doing their trip over to Zalinski to go over and show solidarity with $50 billion dollars against our enemy Russia? Which isn’t really our enemy, this is a regional conflict over there. But they won’t go down to Mexico and take a look at the hemorrhaging of America, the opioid crisis with 100,000 Americans dying more than their imaginary race battle with white people. Is the opioids coming in from and fentanyl coming in from China of all places through the Mexican drug cartels. Why won’t any of these senators, Democrat or Republican show up where America’s under siege on our own border?

Millions coming over. Criminal activity coming over, gangs come here. I’ll tell you why. Bannon hits it. And I got say it because this guy this congressman puts it plain English. It’s because the big globalists the ones that have the power with the lobbies in Washington. They want free cheap labor pouring over the border to maximize their profits by competing with the working-classHispanic voters and the African American voters. They literally want to cut undercut your wages by having the lowest shelf possible. Free labor coming over that’ll work for cheap is going to compete with a rising middle class in America, instead of trying to raise the standard of living for American Hispanics and the black community.

The wealthy aristocratic elites in Washington. Republican and Democrat. The coastal elites are playing their own game. Pitting you in meaningless race wars manipulated by the media while they flood the zone with cheap labor to maximize their own profits.

Carl: I think you’re missing a pretty big point though. A lot of these politicians are getting kickbacks from big pharmaceutical companies which is why they’re not stopping the production of these drugs that are getting people addicted to these opiates. And then these people are seeking other means to get these opiates and that’s when they’re getting the laced fentanyl and these other drugs. Likewise, I don’t think it’s just the big bad politicians, like there’s a good piece of day hear from Business Insider that says. ‘Despite higher earnings, millennials still hold less wealth than previous generations did at their age. When boomers were roughly the same age as millennials are now, they owned about 21% of America’s wealth compared to millennials 5%share today.’ According to a recent FED data.

So, I don’t think it’s just that the big wigs are trying to get cheaper labor. I think they’re actually getting paid off in order to be silent about the issues really facing Americans.

Lance: And what’s your point about boomers and millennials?

Carl: As far as the wealth divide it’s not just that Black Rock is going up and buying up all this land. It’s that the amount or the percentage of wealth that millennials have, it’s not a left and a right issue it’s actually a generational issue. We don’t hold the same amount of wealth even if we have higher degrees and we’re getting paid more allegedly we actually don’t hold the wealth.

Mercedes: So, you’re also spending $250,000 on an education and putting yourself severely in debt.

Carl: Yeah, so who pushed that idea?

Mercedes: What?

Carl: who pushed that idea?

Mercedes: Oh, I’m agreeing. I mean that was a bill of goods. I think that was sold to millennials and to their parents as they were being raised to say, oh, your kids got to go to college. Your kids got to go to college. And then it’s a cultural thing. It’s no different than like hey I got the latest car. It’s like it’s a bragging, right. It’s like well my son got a degree from this university.

Carl: Also, to that point like if we’re going to talk about university let’s talk about the price of university for boomers versus millennials. It’s gone up what like 1300% or something crazy like that?

Mercedes: Why is that?

Carl: Why is that?

Mercedes: Yeah.

Carl: That’s a great question. I don’t know. It seems useless to me.

Mercedes: Do you know why? It’s because you can get federal student loans for it and so they can continue to raise the price and the FED and those student loans are just going to continue to be given out. No conditions, no questions.

Lance: Are you saying that academic establishment that the universities and colleges are while they’re teaching Marxism to the students and fomenting socialist ideas. They themselves are greedy capitalists, because they’re working the government to pay them to charge kids money they can’t afford.

Mercedes: Yeah, so it’s not capitalism because in a capitalist society you’ve got, if you’re selling lemonade and I’m selling lemonade and we’re kind of in proximity. We’re going to try to fight to keep our cost down so that the customers are going to come to us. That doesn’t happen in universities because there is no competition. I‘s as, hold on a second. So, as people are going to apply to go to college. If I’m going to college, Carl’s going to college and Jonathan’s going to college. If I can’t afford to go, then, I can apply for federal student aid and then, there’s really no criteria. A lot of times parents are going to cosign with you on the federal student loan and then the government’s going to give you that money. Do you know that federal student loans are one of the only things you can’t bankrupt out of that it’s like you’re going to have to continue to pay your federal student loan out of all other types of debt?

Lance: So, you’re slaves to the government?

Mercedes: Yeah. So, when I say there’s no competition, I mean, there’s no incentive for these universities to lower tuition costs when the government’s just going to underwrite it. That’s one of the fundamental flaws I think in the education system. And why prices continue to rise and rise and how those now federal student loans are bank rolling these really corrupt universities.There’s no checks and balances on what’s being taught there. You get teachers who have tenure, you build massive institutions. I mean, these things are huge.

Lance: Huge and inefficient and they’re making more money than they, it’s not like they’re manufacturing a product. That has market demand or value.

Mercedes: No, exactly but I do want to come back to where we started which was the M1money supply and I just want to have it put on the screen. So, when we heard I think it was Congressman Grothman talking and he said, ‘Hey, go look go look up the M1 which is money supply. How many dollars are in circulation right now? So, if you guys could put it on the screen for me, there we go. Okay, great. So, you can see in 2020, the noted jump up, right.Almost 80% of dollars that are in circulation.

Lance: So, you guys that are on the podcast and look at the benefit of being able to see this on wherever this is, Facebook, Liftable, YouTube, whatever. Then, what you see is a flat line going from when does it start?

Mercedes: 1960.

Lance: 1960. All the way up to it starts to bump up about 2010?

Mercedes: Yup and so what we have on the axis here on the left-hand side, it says billions of dollars. So, up until 2020, we had about, what is that? 4 trillion dollars in circulation if that’s in billions, right? Or is it $4 billion dollars? What would that be?

Lance: it had to be trillions.

Carl: $4,000 billion.

Mercedes: Okay, $4,000 billion. That’s what I’m saying. Okay. Alright, cool. So, you can see that so 2020 kicks in and then what do we have in 2020? COVID. What did we all get? PPP loans. We got checks in the mail. That money isn’t sitting around in a government bank account somewhere. It has to be created and has to be printed and so then that happens. Then we have about a year or two of that. Now what have we happened? What’s happened recently that we’re printing a bunch of money for. Here we go all the way through 2021. Biden comes in office January 2021. We’ve written spending bill after spending bill the last year. And now what do we have? Ukraine. What do we just send them? Billions of dollars. I don’t think people understand that that money doesn’t actually exist. There’s not a big bank account. I forget what the number is but I feel like we take in like I don’t know if it’s 4 trillion through taxes every single year. It’s not a lie.

Lance: It’s three point something trillion. So, we’re taking a deficit which means that we’re spending money we don’t have and we’re adding billions to it. From people that are in congress who don’t have to pay it. It’s on them.

Mercedes: Correct. So, when the congressman says and so what’s the result of the M1 money supply? At some point something’s got to give, because you have so many dollars in circulation. So, what happens? The prices of goods start to go up. And this is when you get, like he’s saying houses that are priced out for where millennials are. And honestly corporations really haven’t yet passed that cost non to consumers. It’s not like we’ve raised our prices and I’m still paying Carl when I’m paying and I’m still paying Chelsea when I’m paying Chelsea. But the dangerous thing is it’s not going to keep up for every average day American. So, businesses don’t even have cash flow that’s going to be able to provide for employees so that they can keep up with inflation. I think it’s actually a lot higher than what they’re telling us. I think it’s way higher than 8 or 10%.

Lance: Alright, so let me move on here so we don’t lose some of our folks who are saying because we got people that say, I don’t have any money at all. So, let me flip this to another question.

Mercedes: That’s the whole point though. That’s the point what this is. The point is the dollars going to collapse. It’s inevitable. With this type of money supply, we’re going to get to a point at some point where Bread, we’re going to become Venezuela. There’s no opposite way and that’s my concern is that going into the International Monetary Fund reassessing the SCR this year. that you’re going to end up with when we’re no longer the world’s reserve currency whenever that happens.

Lance: Yeah, we just we just disconnect it from the petro dollar, because Biden’s stupidity.

Mercedes: Exactly. We have to sound the alarm because what people should be doing right now is they should be preparing. That is the word for this season is you have got to prepare and that’s why we mentioned Birch Gold earlier. That’s one way to take your dollars which right now still have some value too.

Lance: And link it to something which can preserve it through the flood.

Mercedes: Correct.

Lance:Lancewallnau.com/birch.

Mercedes: And there’s other things too. Like you’re saying hard assets like property. Listen. Even though interest rates are at 5%, you could still buy house, you can still hold on to that. And if interest rates ever change and drop back down. Listen, when I was growing up Lance in the 80s what were interest rates 10%. We had 10% interest rates, we’re only at 5 right now.

Lance: In the meantime, I want to read to you some prescient news. Russia of course is concerned about having NATO proliferating on its border and something which you should notice once a regional military power Sweden has avoided military alliances all the way since the Napoleonic Wars. Like Finland, it is remained neutral even throughout the Cold War. But Russia’s invasion of Ukraine was a miscalculation for Putin. Because now Sweden and Finland have said the heck with this if Russia’s on our border, we want to have protection from the gang. And so, they’re reaching out to NATO membership. And so, the United States Britain, Germany, and other NATO countries are giving their support.

Putin realizes this is a bad development and rather than threatening them he says to them we don’t have a problem with Sweden or Finland joining NATO. Our concern is don’t turn your backyard into an expansion of military infrastructure or we’re going to park nuclear weapons right on your front door. How’s that going to feel Lucille? Jonathan?

Jonathan: Well, I’m just going to comment because from what I was reading as well specifically Sweden and Finland chose the kind of a stipulation for them to join NATO would be that they don’t receive any nuclear weapons from NATO and there also are no NATO military bases to be built in their country. So, I think it’s a smart play to kind of hedge their bets a little bit to join and have the military backing with the alliance in and of itself. But also, not to continue to push Putin by saying oh we we’re joining just in case but we don’t have nuclear weapon don’t have military bases on site. So, that’s just kind of what I was doing.

Lance: I see a future for you Jonathan working as a law person working also for Mike Pompeo. You’ll be over there in Europe speaking as a liaison using your skills to keep everybody happy. So, we’re always working on these strategies. I’m talking to Mercedes about her doing a special segment on economics. I got people call me all the time. Saying, what do I do about this with cryptocurrency and she really has this thing down? She’s tracking with what’s going on with crypto, with Bitcoin, with real estate, with financial supply, with what’s happening with the devaluation of the dollar, with digital passports. Even with some interesting new ideas for coins that are going to be coming out. That could be currency tied in the case we go to a digital dollar.But that’s secret conversation I can’t talk about, only she can talk about it. But I want you to catch all of that with Mercedes Sparks. By the way, Mercedes, where can they follow you on what platforms?

Mercedes: Any platform I’m on all platforms for City Sparks.

Lance: And TikTok, you’re going to be quite a rising TikTok sensation.

Mercedes: Yes, I have 100,000 views based off of our 2000 Mules documentary, hundred 000 views on a short video.

Lance: Really? That’s even more than I’ve got.

Mercedes: You have quite a bit as well over there on the TikTok.

Lance: I’m going to have to pick up my TikTok game. In the meantime, you don’t want to miss tomorrow’s broadcast because we’re doing an experimental trip down memory lane. I don’t know if you’ve been, do you guys remember the old I Love Lucy show? We’re going to talk about a great documentary that’s out on that. And what it reveals about America coming of age and we’re going to talk about the McLaughlin Group and how that actually affected the development like TZM and some other news broadcast. But it’s a fascinating show we have for you tomorrow. You don’t want to miss it. Byebye.

Closing: Thanks for listening to this Lance wallnau broadcast. If you enjoyed today’s show, make sure to subscribe and share the episode. See you tomorrow.

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