“Why would anyone with a brain bigger than a pea swallow the garbage spewing out of Jerome Powell's mouth? We are in a recession now,” says Gerald Celente, founder of the Trends Journal online magazine. In this special episode, Daniela travels to Kingston, New York, and sits down with Celente, who shares views on life, money, and the recent economic turmoil in America. Gerald believes the central bank is clueless about how to resolve today's economic turmoil after exhausting its easy money policies. He says, "They dumped in countless trillions of dollars to fight the COVID-19 war. This is a crisis the likes of which we have never seen. They don't know what to do. They're guessing right now." "The reason why they're doing this is they want every tax dollar they can get. That's the bottom line." He concludes by warning folks that central bank digital currencies serve as a guise for the Fed to increase its control over consumers.

#investing #inflation #investment #federalreserve #banking

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Chapter stamps:
00:00 Banking Crisis
7:48 Interest Rates
11:05 Robert Kennedy Jr
12:30 John Connally
17:02 Central Bank Digital Currencies
20:11 de-dollarization
22:30 Where can we live?
23:37 Gerald picked Kingston, New York
27:36 Gerald’s early political career
34:00 Gift giving
34:40 Gerald cooking