The Charlie Kirk Show - Bidenflation Is Intentional. Here's Why.
Aired: 2022-01-14
Duration: 35:09


=== Gold Standard and Inflation (15:15) ===

[00:00:00]  Hey everybody, today in the Charlie Kirk Show, super important episode.
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[00:01:11]  Charlie, what you've done is incredible here.
[00:01:13]  Maybe Charlie Kirk is on the college campus.
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[00:01:53]  What is money?
[00:01:55]  Money is monetary energy.
[00:01:58]  Every person listening to this, hopefully, has some money, an ever decreasing value of money, that's for sure, no matter how rich you are.
[00:02:09]  Money is as old as time because money is supposed to represent value.
[00:02:12]  Money used to be represented in seashells, gold, silver, coins, and the barter system.
[00:02:19]  Absent civilizational construct and government coining currency, people will still need to trade value for value.
[00:02:28]  You have a farmer and he needs to trade five goats and he has to get a car.
[00:02:34]  He's got to make a deal happen.
[00:02:36]  The barter system still happens time to time, mostly off-the-book transfers, but the barter system is incredibly inefficient.
[00:02:45]  The barter system is hard to track.
[00:02:46]  It's also hard to kind of find purchasers for that particular value because someone says, yeah, I don't want a goat.
[00:02:53]  I want a dog or I want corn or I want a bushel of wheat, whatever.
[00:02:58]  Money replaced it so you could have an objective measurement of value.
[00:03:03]  So you no longer had to find a specific buyer for a specific product and make those trades happen.
[00:03:09]  Ledgers then replaced the barter system.
[00:03:13]  This was the advent of mercantilism.
[00:03:15]  Ledgers were usually administered in port cities where the mayor or the governor of the trading area would be in charge of the ledger.
[00:03:29]  That ledger would show who owes money to whom when a transaction was facilitated.
[00:03:34]  And ledgers were usually backed by gold, meaning someone would say that the city of or the port of Turks and Caicos or whatever is guaranteeing your purchase with 10 pieces of gold or 20 pieces of silver.
[00:03:54]  Now, the barter system is really inefficient.
[00:03:57]  And the gold standard, which was the standard for civilization, especially through the Industrial Revolution and the American Revolution, definitely has its advantages.
[00:04:09]  But there are some disadvantages to the gold standard.
[00:04:12]  The disadvantage to the gold standard is if you want to declare war or grow government, there's only so much currency out there that will allow you to seek those ambitions and those aims and those goals.
[00:04:25]  So money is monetary energy.
[00:04:28]  Now, just a good rule for life.
[00:04:30]  Civilizations that most effectively channel energy win.
[00:04:36]  That's an interesting thing to think about.
[00:04:38]  I want you to ponder that.
[00:04:40]  That's a podcast or a radio show for a different time.
[00:04:43]  For example, when the United Kingdom fought the Dervishes, they had machine guns.
[00:04:51]  The United Kingdom did.
[00:04:53]  The Dervishes had camels and horses.
[00:04:57]  Whoever better used energy won that battle.
[00:05:00]  Whoever was better able to use technology won that battle.
[00:05:07]  Now, after World War I, almost instantaneously, when World War I broke out, almost every country in Europe went off the gold standard and went to some fiat currency, almost instantaneously, almost immediately.
[00:05:19]  This was to help finance the war.
[00:05:22]  In order to fund the war machine, they needed to get to some sort of floating or fiat currency.
[00:05:30]  They began the process of debasing their currency.
[00:05:35]  Now, in 1917, America passed the income tax.
[00:05:40]  And also, we passed something called the Federal Reserve Act.
[00:05:43]  This was passed by then-progressive former college president, head of Princeton University, Woodrow Wilson, which was the beginning stage.
[00:05:52]  It set the framework of the central banking system.
[00:05:58]  Throughout the 20s and 30s, it became more clear that in order to finance, especially the 30s, to finance FDR's massive government programs, we had to further debase and devalue our currency.
[00:06:10]  And finally, Richard Nixon, he kind of slammed the door on a multi-decade project of ending the gold standard and transitioning to a fiat currency by basically going outside of anything that is backed by metallic or objective or finite value and went into an infinite value monetary universe.
[00:06:32]  Inflation is cheating.
[00:06:37]  Inflation is nothing new.
[00:06:38]  Almost every declining civilization participates in an inflation cycle.
[00:06:47]  Copernicus, who is known not for his monetary theory, but instead for his scientific and Korean discovery, he famously said nations are not ruined by one act of violence, like 9-11 or Pearl Harbor.
[00:07:01]  He says, but instead, nations are ruined gradually and in an almost imperceivable manner by the depreciation of the circulating currency through its excessive quality.
[00:07:17]  It's tempting when you're running a country to want to increase the money supply.
[00:07:23]  It's tempting because it's an easy fix, it's a sugar high.
[00:07:29]  But it's cheating and it's lying.
[00:07:34]  Inflation, put simply, is the declining of purchasing power.
[00:07:38]  It's the rate at which the value of the dollar or the currency is falling.
[00:07:44]  The Roman Republic famously did this by cutting the corners of coins, or what was once a gold Roman coin eventually became a copper coin.
[00:07:56]  We used to have legitimate silver in our nickels in our quarters here in America.
[00:08:01]  Now we don't.
[00:08:02]  Now we have some sort of mixture.
[00:08:06]  How value is transferred is one of the most important questions a country or a civilization can ask themselves.
[00:08:16]  When you're on a sugar high of inflation, it might feel really good.
[00:08:19]  The stock market might go up.
[00:08:20]  It might look like you're experiencing record growth.
[00:08:23]  You might see massive price to earning ratios.
[00:08:27]  You might see a stock market that goes to $35,000, $38,000 on the SP 500 or the Dow.
[00:08:34]  But the question should be for the cooler heads in the room or the people that understand economics is: wait a second, what is the driving force behind this?
[00:08:42]  Do we have an increase in value or do we have an increase in dollars?
[00:08:47]  Those are two different questions.
[00:08:50]  And the media over the last two years has been trying to tell us that, oh, we have an increase in value.
[00:08:56]  The economy is doing wonderful.
[00:08:58]  When in reality, those of us that track these things closely, we've known all along we've simply increased the amount of dollar bills in the supply.
[00:09:07]  Now, that's not to say that no value has been created.
[00:09:10]  In the immediate, when you have a lot of dollar bills, producers are going to try to produce more stuff because more people have more dollar bills to pay for things.
[00:09:18]  But then as soon as that happens, all of a sudden, what happens when you run out of stuff?
[00:09:21]  What happens when you're not able to fulfill the orders or to be able to produce the value at the equivalent pace of the people's demand with the dollar bills?
[00:09:28]  What do you get?
[00:09:29]  A supply chain crisis.
[00:09:32]  And then you have to raise prices because you got less stuff.
[00:09:34]  So you have more people with dollar bills try to buy less products.
[00:09:40]  And not only do you have an increased demand, you have a decreased supply, and then prices go up that are correlated directly with that.
[00:09:49]  A civilization that best channels energy wins.
[00:09:54]  And a civilization that is able to maintain stored value can survive.
[00:10:00]  If you're able to maintain the victories, the wins, the profits of a certain generation and pass it down to future generations, you're going to survive.
[00:10:08]  This is why the Swiss banking system has survived since the Enlightenment.
[00:10:14]  This is why the Swiss banking system will be around for the foreseeable future, hundreds and hundreds of years.
[00:10:21]  They're able to store value for people.
[00:10:22]  They're good at it.
[00:10:24]  Also, what do the Swiss not do?
[00:10:27]  They don't go to war.
[00:10:29]  There's a reason for that.
[00:10:31]  War devalues your currency, expands the government.
[00:10:36]  Inflation is cheating and lying.
[00:10:39]  We're just getting started on that topic because we're living through that very same inflation cycle right now.
[00:10:47]  Big tech is monitoring, censoring, and mining and selling your online information.
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[00:11:30]  Join myself and organizations such as Turning Point USA, nonprofits, and churches by adopting SquadPod as your collaboration platform.
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[00:11:41]  That is squadpod.com/slash Charlie.
[00:11:46]  The first panacea for a mismanaged nation is inflation of the currency.
[00:11:51]  The second is war.
[00:11:52]  Both bring a temporary prosperity, but both bring a permanent ruin.
[00:11:58]  Both are the refuge of political and economic opportunists.
[00:12:04]  Ernest Hemingway.
[00:12:06]  We're living through a historic inflation cycle.
[00:12:09]  And just now the media is starting to recognize and realize it, and they all have their own separate spin on that.
[00:12:14]  To give you an idea of how severe what you're living through is the intentional debasing, the intentional destruction of your currency.
[00:12:25]  Some estimates show it as high as 60%, but it's somewhere between 40 to 60% of all dollar bills ever created has occurred in the last year and a half.
[00:12:37]  Half of all dollar bills have been reintroduced into the money supply in the last year and a half.
[00:12:44]  Now, some people say inflation is right around 7%.
[00:12:47]  We'll go through all the statistics.
[00:12:50]  The New York Times says inflation hits 7%, highest since 1982.
[00:12:54]  Supply chains lag.
[00:12:55]  We explained why supply chains are impacted by this.
[00:12:59]  Inflation is likely much higher than that because the government gets to pick the basket of products of how they measure inflation.
[00:13:08]  They get to bias themselves into that.
[00:13:10]  So if you're just measuring how much Netflix subscriptions have gone up, if you're measuring things that at least have some downward deflationary pressure on them, largely in technology, then you'll be able to get to a 7% number.
[00:13:27]  But if you look at meat and poultry, new vehicles, and household energy, three things that most American families need to survive, the average would be 11.9%.
[00:13:40]  11.9%.
[00:13:43]  Now, this happened not just because of Biden, we have to be honest.
[00:13:50]  There is a shocking 54%, according to the Wall Street Journal, increase in new spending since the virus and our response to it, our immature and inappropriate response to it in March in 2020.
[00:14:04]  54% of new federal spending, of introduction of new dollars, that there is no gold backing.
[00:14:13]  It is a fiat and floating currency.
[00:14:18]  Massive government programs, such as the war in Afghanistan, such as our social welfare programs, such as the Green New Deal, it requires a floating fiat currency.
[00:14:35]  So long gone are the days of gold backing our currency.
[00:14:38]  Now it's the full faith and credit of the United States.
[00:14:42]  Some people estimate the inflation rate to be anywhere to be 20 and 30% a year.
[00:14:49]  That might be high, might be spot on.
[00:14:51]  We really don't know.
[00:14:52]  What I do know is the 7% that the New York Times is reporting is likely low.
[00:14:58]  Cut 97, CNN is waking up to this, saying customers are getting crushed at the cash register.
[00:15:04]  Play Cut 97.
[00:15:06]  Today, the Labor Department reported that consumer prices were up 7% in December from a year earlier, the biggest one-year spike in prices in almost 40 years.

=== Enzymes, Masszymes, and Inflation (06:25) ===

[00:15:15]  At the grocery store, chicken prices have gone up 10.4% in the past year, the biggest increase in more than 17 years.
[00:15:23]  Fish and other seafood, up 8.4%, the largest spike in over a decade.
[00:15:29]  And at the pumps, Americans paid a staggering amount by December, nearly 50% more for gas than they had a year earlier.
[00:15:36]  Now, why would gas, chicken, and seafood increase when you introduce more dollar bills?
[00:15:41]  What would possibly be the explanation of that?
[00:15:44]  Because by definition, there's only so much gas, chicken, and seafood out there.
[00:15:48]  Things that you can measure, things that you know there's only so much of, where there's a finite supply and you increase dollar bills, those things will necessarily increase in price almost overnight and not have a correlated increase in value.
[00:16:06]  One of the reasons we were able to predict this so easily is that we lost businesses during the lockdown.
[00:16:14]  So we lose hundreds of thousands of businesses, which means what?
[00:16:18]  You're losing productivity, you're losing value.
[00:16:20]  And then you increase the dollars, you increase the money supply.
[00:16:24]  So you have this inverted strategy where you're crushing production and you're increasing the purchasing, not purchasing power, but the purchasing ability of a citizenry by diluting the currency.
[00:16:43]  Inflation is cheating and lying to yourself.
[00:16:46]  We're going to go through some examples of inflation in world history.
[00:16:51]  We're going to talk about what this means for you and your family.
[00:16:54]  And then we're also going to talk about why the people in charge have facilitated this inflation cycle.
[00:17:00]  They're doing this for a reason.
[00:17:02]  This is not a mistake.
[00:17:03]  This is not as if they're denying it.
[00:17:05]  No, this is intentional.
[00:17:07]  They want to get something out of it.
[00:17:12]  I recently received a question from a listener.
[00:17:14]  She wanted to know if it was possible to avoid digestion problems by eating only healthy organic food.
[00:17:19]  It was a nice thought, but unfortunately, it's just not possible.
[00:17:21]  You see, your natural ability to digest food declines with age.
[00:17:25]  This is because your body produces fewer enzymes, which are proteins responsible for digesting food.
[00:17:29]  Fewer enzymes mean more difficulty digesting food.
[00:17:32]  Even organic foods won't provide enough enzymes to properly digest them.
[00:17:36]  This is especially true if you cook your food because cooking kills enzymes.
[00:17:39]  This is why you have digestion problems even after a healthy meal.
[00:17:43]  Your body just can't produce enough enzymes to get the job done.
[00:17:45]  That's why you need to supplement with a high-quality enzyme supplement that could be a huge help.
[00:17:49]  I personally recommend Mass Zymes by Buy Optimizers.
[00:17:53]  It is the best-in-class supplement loaded with full-spectrum enzymes for digesting protein, starches, sugars, fibers, and fats.
[00:17:59]  Taking Mass Zymes daily helps top off your enzyme levels and replace the enzymes your body is no longer producing.
[00:18:05]  Listen, life is too short to suffer from digestion problems.
[00:18:08]  If you want freedom from your food, go to MassZymes Risk-Free and experience the magic of high-quality enzymes.
[00:18:14]  For an exclusive offer, my listeners can go to masszymes.com slash Kirk, M-A-S-S-Z-Y-M-E-S.com slash Kirk.
[00:18:22]  Again, that's masszymes.com slash Kirk.
[00:18:26]  MassZymes.com/slash Kirk.
[00:18:31]  So I don't like doing this, but the team is forcing me to do this, which is, let's go back to Cut 91.
[00:18:41]  Early on, we were predicting that inflation was coming.
[00:18:46]  We do this just to show that this wasn't a surprise.
[00:18:49]  We weren't the only ones, but there weren't a lot, Andrew, right?
[00:18:52]  We were, I received one of the most condescending conversations I've ever participated in my life.
[00:19:00]  It was with a financier, a good man, and I looked at him in the eyes right when this aired, and I said, you know, inflation is coming big time.
[00:19:10]  He said, Charlie, you don't know what you're talking about.
[00:19:12]  I monitor all the industries.
[00:19:13]  There's no inflation.
[00:19:15]  This was not obvious to the rulers, is what I'm trying to say.
[00:19:20]  Some of them knew what they were doing, but this has taken people by surprise.
[00:19:24]  Not this show.
[00:19:26]  This is well over a year ago.
[00:19:29]  Two years ago, we said this.
[00:19:30]  This particular clip is from March of last year.
[00:19:32]  So about 10 months ago, PlayCut 91.
[00:19:36]  We are going to hit inflation.
[00:19:37]  The Democrats know this.
[00:19:39]  Why are Democrats doing this?
[00:19:43]  Many people email us.
[00:19:44]  They say, don't the Democrats know better?
[00:19:46]  Don't they know the laws of economics?
[00:19:49]  They know this is going to cause inflation.
[00:19:51]  They know this will not create a stimulus for the economy.
[00:19:56]  Inflation and taxes, according to Vladimir Lenin himself, is the best way to destroy a middle class and revolutionize an economy.
[00:20:06]  And so inflation is a very real threat because we're already living through an inflation cycle.
[00:20:11]  It was our show 10 months ago.
[00:20:12]  We said that even a year before that.
[00:20:14]  We've been about two years on the inflation kick, well before anyone in the New York Times or Wall Street Journal dared to even write about it.
[00:20:22]  It's too bad that our leaders don't actually see the obvious.
[00:20:25]  And again, it wasn't an unprecedented analysis.
[00:20:29]  I just happened to get my start in politics reading economics books and also not being an idiot.
[00:20:35]  When you shut down an economy, therefore you restrict production and you create dollar bills out of thin air to go spend on nonsense, that is the equation.
[00:20:44]  I mean, I couldn't write the equation any clearer.
[00:20:49]  Now, Joe Biden, though, says, said in July, Cut 102, he said, there's nobody suggesting that there's unchecked inflation on the way.
[00:20:58]  Well, we suggested it.
[00:21:00]  I don't think he listens to this show.
[00:21:01]  Cut 102.
[00:21:05]  There's nobody suggesting there's unchecked inflation on the way.
[00:21:09]  No serious economist.
[00:21:12]  Oh, not no serious economists.
[00:21:13]  Now, what is Biden saying there?
[00:21:15]  It's the experts, right?
[00:21:17]  Same experts that told you to mask your children.
[00:21:21]  Same experts that told you don't take ivermectin, azithromycin, or hydroxychloroquine seriously.
[00:21:26]  It's the same experts that have told you time and time again that we must lock down our economy.
[00:21:35]  Not really sure what the experts have been right about.
[00:21:38]  Debasing of a currency is nothing new.

=== Rome's Decline and Currency Devaluation (02:21) ===

[00:21:41]  Roman Emperor Diocletian famously was the Roman emperor who most aggressively devalued the Roman currency.
[00:21:53]  To pay for their excesses, emperors used to devalue their currency.
[00:21:57]  Nero reduced the silver content of coins to 95%.
[00:22:02]  Then it went down to 85%.
[00:22:04]  Eventually, less than 5% of the silver content of a Roman coin, content of a Roman coin was silver.
[00:22:13]  They continued to debase their currency to pay for their expansive welfare state, to pay for their sexual anarchy, to pay for their open borders, to pay for the outsourcing.
[00:22:25]  I could go piece by piece of the Roman Republic.
[00:22:30]  And I want you to just think about this as I go through this.
[00:22:37]  Rome devalued their currency.
[00:22:41]  They experienced widespread plagues.
[00:22:44]  They had a loss of a common language.
[00:22:47]  They had an increased welfare state.
[00:22:51]  Rome declared wars all across the world or what was known as the modern world.
[00:22:59]  They had massive problems with violent entertainment, slavery, and child sex trafficking.
[00:23:08]  Even the barbarians were known as being more loyal to their wives than Roman soldiers.
[00:23:17]  Rome had massive immorality, infidelity, and loss of virtue.
[00:23:22]  They had a massive withdrawal from the church's involvement in the public square.
[00:23:28]  Rome even participated in birth control and fewer children.
[00:23:33]  Roman families had a declining birth rate.
[00:23:38]  There are graves of bones that you could still visit in Italy and in Greece of infants that were sacrificed and left to die.
[00:23:54]  Romans sold unwanted children into slavery because they were no longer wanted.
[00:23:58]  There was class warfare that plagued Roman culture.

=== The Bridge to Deteriorating Value (11:06) ===

[00:24:02]  And then, of course, exploding debt and coinage debasement.
[00:24:07]  Not to mention the deep state establishment politicians, the betrayal of small R Republican values, overextended military and reckless wars, a loss of courage and patriotism, weakness which invited terrorist attacks from afar.
[00:24:32]  Now, the one we're focusing on today, though, is the debasing of the currency.
[00:24:37]  But I am going to say that a country that believes that men can give birth also believes that you can print wealth.
[00:24:51]  Both of those things are obviously untrue, but the Biden regime comes out and they put a guidance saying that people who give birth are birthing people, not mothers.
[00:25:02]  And they also come out and say that, yeah, we could just create another couple trillion dollars out of thin air.
[00:25:07]  Now, the Wall Street Journal has an article about this.
[00:25:10]  It's somewhat helpful, but I think they're wrong about something.
[00:25:14]  This is by Phil Graham and Mike Solon.
[00:25:16]  It's not a bad article, but they're wrong about something.
[00:25:20]  They say that the Democrats are in a state of denial.
[00:25:24]  Now, publicly they are.
[00:25:25]  That's true.
[00:25:26]  Publicly, you have people like Elizabeth Warren who are blaming big corporations, saying they're raising prices because they have to.
[00:25:34]  Let's play Cut 93.
[00:25:35]  This is the new soundbite of the Democrat Party when it comes to inflation.
[00:25:39]  Play Cut 93.
[00:25:40]  You know, market concentration has allowed giant corporations to hide behind claims of increased costs to fatten their profit margins.
[00:25:49]  So the consumer pays more both because the corporation face higher costs and because, as you put it, because the corporation can increase prices.
[00:26:00]  The reason I raise this is that higher prices have many causes, and we can't overlook the role that concentrated corporate power has played in creating the conditions for price gouging.
[00:26:14]  Now, she isn't wrong about part of that, believe it or not.
[00:26:16]  She's not wrong about the problem of concentrated corporate power in our country.
[00:26:20]  She certainly is wrong about her solution, which would be nothing but giving them more power.
[00:26:24]  However, you'd notice that she refuses to acknowledge soft and easy monetary or fiscal policies in playing into the corporation's need to raise prices.
[00:26:36]  And again, I'm no defender of corporate America.
[00:26:38]  I think they largely are unpatriotic, soul-sucking, quote-unquote, private enterprises.
[00:26:45]  However, for a grocery store, like a local grocery store in Scottsdale, you have the butcher apologizing to you, literally apologizing to you.
[00:26:54]  I went shopping the other day, got a couple fillets.
[00:26:57]  He's apologizing to you because it's so, he said, it's so outrageous.
[00:27:01]  He says, I feel bad.
[00:27:04]  He's obviously not the problem.
[00:27:06]  The owners of that local grocery store aren't the problem.
[00:27:11]  They increased it by $600.
[00:27:13]  Is that right, Connor?
[00:27:14]  Another $600 increase?
[00:27:15]  Yeah.
[00:27:15]  Connor just said that his rent just went up $600 in Phoenix and similar cases everywhere.
[00:27:22]  Our employees are getting crushed.
[00:27:26]  Year over year, $600 increase.
[00:27:28]  And that's only going to get higher, Connor, because you live in the hottest housing market in the country in Phoenix.
[00:27:33]  They can do that.
[00:27:35]  They want to do that.
[00:27:36]  They want to make it so that you can't buy a home.
[00:27:39]  They're doing a good job of that.
[00:27:42]  $600 a month or $600 a year?
[00:27:47]  $600 a month.
[00:27:48]  Wow.
[00:27:49]  Holy moly.
[00:27:51]  Why are they doing this?
[00:27:54]  Well, and I'm going to tell you why they want inflation, why they need inflation, because I think the Wall Street Journal is wrong about this.
[00:28:00]  They're not in a state of denial.
[00:28:03]  They are riding the trajectory of where inflation leads them.
[00:28:07]  Inflation leads them to their end point.
[00:28:09]  Inflation is a means to the end.
[00:28:11]  Inflation is intentional.
[00:28:13]  Inflation is a ship that they want to ride.
[00:28:17]  Inflation is a bridge for them.
[00:28:21]  I want you to think about what that bridge might be.
[00:28:24]  Where do they want to go and why inflation?
[00:28:27]  It's a point that most people on television commenting about this are missing.
[00:28:33]  Did you ever read the fine print that appears and you start browsing in incognito mode?
[00:28:37]  It says that your activity still might be visible to your employer, your school, or your internet service provider.
[00:28:42]  How can they even call it incognito?
[00:28:44]  To really stop people from seeing the things you visit, you need to do what I do and use ExpressVPN.
[00:28:49]  Think about all the times you've used Wi-Fi at a coffee shop, a hotel, or even at your parents' house.
[00:28:54]  Without ExpressVPN, every site you visit could be logged by the admin of that network.
[00:29:00]  And that's still true even when you're in incognito mode.
[00:29:03]  What's more is your home internet provider can also see and record browsing data.
[00:29:08]  In the United States, they're legally allowed to sell that data to advertisers.
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[00:29:47]  Connor's example of his rent going up $600 a month, mid-20 something working class, is basically he gets the same product to service for $600 less.
[00:30:00]  So it's a $7,200 pay cut that he gets from the federal government.
[00:30:05]  That's inflation.
[00:30:06]  Same product, same service, $7,200 more.
[00:30:10]  On top of what he's already paying, that's the $600 increase.
[00:30:13]  That's not the whole base, if I'm understanding correctly.
[00:30:17]  Now, inflation does not impact rich people.
[00:30:22]  They benefit from it.
[00:30:24]  Rich people want inflation, actually.
[00:30:25]  They own hard assets.
[00:30:26]  They can move their money quickly.
[00:30:28]  They can invest in vehicles that outperform inflation.
[00:30:34]  This is exactly why you saw Bill Gates buy up as much farmland as possible.
[00:30:38]  This is exactly why you've seen the richest people put money into crypto assets.
[00:30:44]  They are able to benefit tremendously from inflation.
[00:30:50]  And for the adults that have had 30 or 40 years of prosperity, young people are getting a pretty raw deal right now.
[00:30:59]  Okay, so what is the bridge?
[00:31:00]  Where do they want to lead us?
[00:31:01]  Well, inflation is a great way to not just demoralize a country, but to enter it into an internationalist partnership.
[00:31:13]  If you were trying to usher in the great reset, which has always been their goal, where you'll own nothing and you'll be happy, where there will be one currency throughout the world, first you have to solve the problem like the dollar.
[00:31:28]  Kind of like that old song, how do you solve a problem like Maria?
[00:31:31]  How do you solve a problem like the US dollar?
[00:31:34]  You debase it.
[00:31:36]  You destroy it.
[00:31:38]  You lock everything down.
[00:31:41]  You open up the borders in conjunction with that, which creates civilizational chaos.
[00:31:47]  You print 50% of all the dollars that have ever been in existence, which creates currency chaos.
[00:31:54]  And then all of a sudden, you have a small group of people that basically control everything.
[00:31:59]  There's been a $5 trillion wealth transfer from working people to the richest people.
[00:32:06]  In order for the middle class to just stay the same, they had to work 20% harder the last year and a half to just tread water.
[00:32:14]  Where the wealthiest people just had to move assets from one column to the other in a couple clicks of a computer, buy the triple Q ETF, they bought it at 18.
[00:32:29]  It's now at 36, nearly doubling their investment.
[00:32:34]  Meanwhile, for plumbers, electricians, carpenters, police officers, firefighters, and teachers that don't have $100 million to go deploy after there was an artificially deflated market, they're looking around and their wages have not gone up even close to the correlation of inflation.
[00:32:53]  They have to work even harder just to remain the same.
[00:32:58]  That creates the conditions for a rather radical economic argument, I could say.
[00:33:06]  If this is not addressed, this is the other reason why they want it: inflation creates so much personal calamity.
[00:33:14]  It creates so much uncertainty for the individual human being that it makes it a lot easier to persuade them for massive government intervention, confiscation, and takeovers of industry.
[00:33:28]  Inflation is a means to the end.
[00:33:34]  Milton Friedman famously said inflation is taxation without representation.
[00:33:38]  That is true.
[00:33:40]  However, there's a deeper end game at play here.
[00:33:44]  They want the inflation.
[00:33:47]  They want you to struggle to pay your bills so that you get to a place where you demand a political lifeline.
[00:33:55]  Rahm Emanuel famously said, never let a crisis go to waste.
[00:33:58]  Well, they're in the crisis-creating industry.
[00:34:02]  Inflation is not a surprise.
[00:34:04]  It's not a shock.
[00:34:05]  It's not an unexpected development.
[00:34:08]  It's the next chapter.
[00:34:11]  Inflation is the script.
[00:34:14]  Inflation is the plan.
[00:34:17]  It's not about trying to persuade Joe Manchin to stop spending money.
[00:34:22]  It's not about any of that.
[00:34:25]  They want to deteriorate how value is transferred.
[00:34:27]  And a strong dollar is one of the few remaining obstacles to a great reset.
[00:34:38]  That Klaus Schwab and the World Economic Forum openly admit that they want one currency, one world, and no borders.
[00:34:48]  And inflation is the bridge that they're trying to create to get them there.
[00:34:53]  Thank you so much for listening, everybody.
[00:34:55]  Email us your thoughts.
[00:34:55]  It's always freedom at charliekirk.com.
[00:34:57]  If you want to support our show, go to charliekirk.com/slash support.
[00:35:01]  Thank you so much for listening, everybody.
[00:35:02]  God bless.
[00:35:05]  For more on many of these stories and news you can trust, go to CharlieKirk. com.