All Episodes
Previous Next
May 1, 2025 - Health Ranger - Mike Adams
14:04
People are FINANCING GROCERIES with Buy Now Pay Later (BNPL) borrowing...
| Copy link to current segment

Time Text
Welcome to the Health Ranger Report with Mike Adams, the Health Ranger.
All right, according to a new survey by LendingTree, which is a company that loans money to people to pay off credit cards or whatever, LendingTree says that some crazy high level or percentage of Americans are using what's called buy now,
pay later options for purchasing basic supplies, even food.
Buy now, pay later.
BNPL.
That's an acronym we might all want to become familiar with.
According to LendingTree, something, I think, 41%, if I'm remembering correctly, I may have to fact check that.
I think they said 41% of Americans were now using buy now, pay later options for various things.
Now, this is crazy, if you think about it.
My friend Dan from I Allegedly, he did a podcast about this called The $200 Pizza.
And he and I were talking about this before his podcast.
We were joking, like, how do you buy a $200 pizza?
You start out buying a $25 pizza, and then you don't pay it off, and you keep accruing interest, penalties, and compounded interest on top of the penalties until you end up paying $200 for that pizza over time because you didn't pay it off.
So that's a bad way to buy food.
And more and more Americans are turning to this, and this is something about American culture, where people can't control their spending and they can't live within their means.
And it's getting very, very bad because of the availability of easy credit, which is really all a function of currency printing and artificially low interest rates and things like that.
And we've lived in that era.
Since, well, since 1971, when Richard Nixon took us off the gold standard, money has been easy to come by.
Or you could say fake money, currency.
Relatively easy to come by.
And so we have this culture of going into debt.
This culture of just living on debt.
And I understand that debt can be necessary for certain types of businesses.
You may need to borrow money to buy inventory.
You know, there's a debt.
And capital flow that's pretty customary in a lot of businesses, retail businesses, etc.
I understand that.
I'm not saying that all debt is bad.
Like farming, you know, you got to borrow money to buy the seeds, to plant the crops, etc.
Because very few farmers have all that cash up front.
So I understand the role of financing and debt in society.
What I'm saying is it's bad when consumers are financing pizza and fast food deliveries.
Because that stuff has a depreciation schedule that the duration is just minutes.
If a pizza shows up at your door, it's a $25 pizza.
15 minutes later, it's a $0 pizza because you and your friends ate it.
So the value goes to zero, and you still owe the full amount.
And you're also obliged to pay the interest on it and the fees and the penalties and everything else.
And that's how people get into trouble.
I don't think that many people listening to this are in that situation because our audience tends to be more mature, more well-off, etc.
But you may have kids or grandkids who are doing this.
It's very common among Gen Z right now to finance everything and to own nothing.
It's just like the WEF said, you will own nothing and you will be happy.
Well, they own nothing and they're miserable, it turns out.
They own nothing.
They don't have any assets at all.
They don't have homes and cars.
And part of that is not their fault.
It's because of all the currency printing, destroying the value of the currency, making it so that it's almost impossible to afford a home today compared to what it was when I was in my early 20s.
I bought a home in my early 20s.
My wife and I purchased a home together.
And I still remember that home was $104,000.
$40,000, I believe, is what the purchase price was.
And at the time, I thought, man, that's a lot of money.
How are we going to pay this off?
Well, so my wife and I, we cut any kind of frivolous expenses.
We lived on the cheap.
We didn't take luxury vacations or buy luxury cars.
And we worked hard.
We worked to late hours of the morning in the businesses that we were working at that time.
And I got to say, we paid off that house in five years.
So it was a 30-year loan.
We just kept paying extra, extra, extra until we had that house paid off.
And then from that point forward, that's where we started to get ahead in life.
From that point forward, I never borrowed money ever again for a house or a business or even a car.
Never borrowed money.
Stopped borrowing money in my 20s.
And that's why I'm ahead today.
But as a result, think about it.
I didn't live in a very fancy house.
I didn't drive a fancy car.
I didn't have luxury purses.
I didn't have luxury suits or a $50,000 Rolex watch or all these things that Kristi Noem seems to like to flash around.
I just think it's crazy.
Why would you buy a $50,000 watch?
I don't know.
Look, it's your money.
You can do what you want with it.
And I do admire watches, by the way.
You know, 50 grand?
I mean, I have a $300 watch, and I thought that was pricey.
And I've been wearing that thing for seven years, and the face is cracked.
And I've even made fun of myself.
I think I've shown videos before of how I repair my shoes with duct tape, you know, and super glue.
It's just because, hey, I got a comfortable pair of shoes here.
It's perfectly good, except for this one flap that's coming off, and, you know, that's why they make super glue.
And also, there's a product called, I think it's Shugu.
That's a really strong adhesive.
All my buddies in Special Forces, they're the ones who taught me about that.
They use that all the time on all their gear.
When military gear starts falling apart, you get this Shugu, which comes in this red paste tube.
That stuff reassembles any kind of fabric, any kind of...
Like rubber coating on equipment, anything like that.
They use it in the military all the time, at least the guys I know.
So they introduced me to Shugu.
I think that's the name.
And from there, I'm like, I'm never throwing these shoes away, but eventually you can't piece it back together.
You do have to ditch them.
And since we have the tariffs from China right now, I did go ahead and buy some extra shoes.
So I don't have like a closet of a hundred fashion shoes.
I have a closet of four pairs of the same shoes just because there's going to be a supply chain collapse.
I don't want to run out of these shoes because they're comfortable.
And yeah, I'm going to repair them.
I'm going to tape them back up.
I'm going to glue them back together as long as I can.
But you will find that a lot of people who are wealthy, actually, they function exactly like this.
Who was the guy who founded Walmart?
He was this way.
He would live on the cheap.
He would repair things.
And frankly, I've been teaching lately, because of the supply chain collapse, you've got to repurpose, recycle, and reuse the things that you have, which is something that I've done all the time anyway, storing piles of extra wire and aluminum cabling,
high-amp cabling.
I've got piles of PEX pipe and PVC pipe and PVC fittings and T-posts because I live on a ranch, right?
So you stockpile stuff because you don't know when you're going to need it.
You don't know when it's going to be completely out of stock.
You need to stockpile that stuff.
But this is going to have to become a common behavior among people who make it.
So bottom line here, folks, live within your means, right?
If you are wealthy and you want to flash your wealth, that's fine.
That's your choice.
But if you're not wealthy and you're trying to act like you're wealthy by buying cars and homes and watches and purses that you can't afford and you're financing them, that can snowball on you in a bad way.
And I say it's far better to invest in the things that are going to keep you alive rather than things that are like fashion, you know?
Or luxury items.
So I say, spend money on storable food or backup solar generators, prepper items.
But that's just me.
That's just my opinion.
You may disagree with that.
That's fine.
That's fine.
I'm just saying, at the end of the day, when the supply chain collapses, what is it that you're going to wish you had bought?
Is it a fashion purse?
Or is it the epoxy glue that's going to repair?
Your diesel fuel tank.
You know what I mean?
I tend to buy stuff that's going to help me get through hard times.
And that's not fancy stuff.
It's not fashion stuff.
It's not flashy.
Nobody's impressed by the way I dress.
I get it.
Probably Roger Stone would give me hell about my total lack of fashion because he dresses very nicely.
Roger Stone is a fashion-conscious man, regardless of what you think of Roger Stone.
The man knows fashion.
He really does.
I'm like, I have no idea.
I got my ranch pants.
I got my duct tape shoes and my t-shirt.
And that's fine.
I'm good, man.
As long as I'm comfortable.
And I've got diesel in the tank.
I got gold in a vault.
I'm good to go.
I don't care what I look like.
And when times get tough, I don't think it counts how much fashion you have.
Really, it's going to be like, how many rounds of 9 mil do you have?
Right?
And some, you know, 308 rounds or 7.62, 5.56.
Like, how many rounds do you have?
That's a good reminder.
I need to be buying more ammo right now because nobody's buying ammo.
So this is the best time to buy ammo.
So another good reminder.
All right.
Thanks for listening, folks.
Check out my videos at brighteon.com and my articles at naturalnews.com.
And also I've got songs at music.brighteon.com.
My social media channels are mostly just Health Ranger is my handle on X, on brighteon.social, and on brighteon.io.
So check all those out and thank you for listening.
Be safe, get prepared, and don't finance pizza.
If you can't afford it, don't buy it.
Instead, make some beans and rice or something.
Do something you can afford.
There's nothing wrong with that.
It builds character.
Thanks for listening.
Take care.
Take care.
Welcome to the Mother's Day special sale event at healthrangerstore.com slash Mother's Day.
And we appreciate moms everywhere.
We love you for what you do, your love for the world, for bringing fellow human beings into this world and teaching them how to live in a healthy, uplifted way.
That's really important.
So we've put together these great discount kits for you.
One of them is called Mom's Energy Support Kit.
And how much energy does the mom in your life need?
She needs enough energy to slap you silly if you say something inappropriate, probably.
So in order to help you achieve that, go ahead.
We've got the Mom's Energy Support Kit.
Organic bee pollen.
It's got fair trade organic freeze-dried instant coffee, Groovy Bee Organic MCT oil, concentrated mineral drops, that's the one you see in the background there, and 100% organic hand roasted whole bean coffee that's honey processed from Honduras.
All of this is available to help the mom in your life.
Maybe she's the mom of your children.
Maybe you're the mom, or maybe you're a mom who also has a mom and you want to help your mom be recognized for all the love and joy that she has given to the world.
This is a great way to do it, especially if your mom loves high-quality coffee, right?
So check it out, healthrangerstore.com.
Now, a couple of things.
This is discounted about 26% compared to buying these separately.
Also, you get double points during this wholesale event, which ends May 11th.
So double points, it's equivalent to about 10% back on your purchase in points that you can use on future purchases.
And then on top of that, we also have other kits that you may want to consider that have free gifts, such as Mom's Ultimate Pamper Kit, as well as Mom's Aromatherapy Oasis Kit, which are also seriously discounted.
In one case, more than 40% discounted for the Pamper Kit.
With a free gift of a pine needle spray.
So check all of that out at healthrangerstore.com slash Mother's Day and Happy Mother's Day to all the moms out there.
And notice that I did not call you birthing persons.
I called you moms because that's the truth.
You're the mom and society should recognize you for your contributions.
Thank you so much.
▲
Export Selection