Topic: Janet Yellen

Donald Trump's rejection of a proposed UN global carbon tax on shipping is highlighted as a major victory against the "green new scam." Mel K discusses the 1945 International Organization Immunity Act, which she claims protects entities like the Bank of International Settlements and the IMF from audits. She argues that the post-WWII financial order was designed for the "capture" of sovereign nations.

A caller suggests that Donald Trump may be part of a Jesuit-led globalist plot, citing his education and a 2017 meeting involving a "pulsating globe" in Saudi Arabia. The host disputes this, arguing that the Vatican has actually been hostile toward Trump and that his policies are pragmatically anti-globalist. The discussion touches on Janet Yellen’s role in the Treasury and the need for strict accountability for all world leaders.

Economist Edward Dowd discusses the "economic valley" or recession expected as the Biden administration's "goosed" economy and stimulus spending are turned off. Dowd praises the Doge initiative for using the existing U.S. Digital Service framework to gain immediate "read access" to government databases. He predicts a painful but necessary restructuring of the economy, similar to the early Reagan years.

Former Treasury Secretaries Janet Yellen and Tim Geithner are reportedly opposing Elon Musk's access to Treasury payment systems. Dr. Kirk Elliott discusses the gold-to-silver ratio, which currently stands at 90 to 1, and predicts a "ratio trade" opportunity as silver catches up to gold's performance. He emphasizes that allocating into precious metals is the safest bet during the current economic "turbulence."

Dr. Kirk Elliott joined the program to discuss how Treasury Secretary Janet Yellen is using "extraordinary measures" regarding the debt ceiling to sabotage the new administration. The Federal Reserve is accused of planning to blame Trump for inflation that occurred during the Biden term. The strategy involves withholding payments to federal retirement accounts to create a political crisis.

Dr. Kirk Elliott claims the Federal Reserve and the Biden administration are attempting to sabotage the economy before Donald Trump takes office. He notes a shift in the Board of Governors' narrative, moving from claims that inflation was under control to warnings of its return. The segment suggests that raising interest rates now is a deliberate move to blame Trump's upcoming tariff policies for economic instability.

Treasury Secretary Janet Yellen has notified Congress that the US will reach its borrowing limit in mid-January 2025, requiring "extraordinary measures" to avoid a default. This fiscal crisis will be a top priority for the incoming Trump administration. The recurring difficulty in passing a balanced budget is cited as evidence that the current monetary system is an unsustainable "Ponzi scheme" nearing collapse.

Reports suggest Ukraine may seek to develop nuclear weapons within weeks as the conflict with Russia escalates. Treasury Secretary Janet Yellen's warnings about tariffs are dismissed in favor of Donald Trump's targeted tariff strategy to protect the U.S. auto industry. Dr. Kirk Elliott predicts massive inflation as the global monetary power shifts from the West to the East.

Gold prices have surged to $2,580 per ounce, fulfilling a Trends Journal forecast for 2024. Gerald Celente predicts that if the Federal Reserve cuts interest rates by 50 basis points, the US dollar will decline further, potentially pushing gold toward $3,000. He characterizes the Fed's actions as propping up the current power structure.

The US national debt interest payments have surpassed $1 trillion annually, a figure Gerald Celente expects to double. He warns of an impending $4 trillion commercial real estate bust driven by low office occupancy rates post-COVID. Additionally, a slowdown in the Chinese economy is contributing to a global decline in oil demand and prices.

A caller discusses a memorandum signed by Joe Biden delegating functions of the "Rebuilding Economic Prosperity and Opportunity for Ukrainians Act" to Treasury Secretary Janet Yellen. The discussion expands to the influence of secret societies and the Israeli lobby on US policy. Alex Jones argues that these unelected bureaucracies have effectively bypassed constitutional authority to serve foreign and corporate interests.

Economist Martin Armstrong discusses the collapsing confidence in global governments and the impending sovereign debt crisis. He notes that China has dumped $53 billion in U.S. debt, forcing Janet Yellen to seek new buyers. Armstrong argues that the "Deep State" and neoconservatives view war as an exit strategy to default on unpayable debts and transition to digital currencies.

Dr. Elliott warns of imminent bank failures, noting that the FDIC only has 1.17% of total deposits covered. He explains "bail-in" legislation under the Dodd-Frank Act, which allows banks to seize depositor funds to stay solvent. Elliott advises listeners to move assets into physical gold and silver to avoid being forced to bail out failing financial institutions.

Gerald Celente reviews his "Golden Year for Gold" forecast, noting that prices have risen nearly $400 an ounce since January. He predicts gold will reach $3,000 as the "office building bust" triggers a massive banking crisis. Celente argues that the Federal Reserve and Janet Yellen will lower interest rates to artificially pump the economy before the election, leading to long-term hyperinflation.

Economist Dr. Kirk Elliott joins the studio to discuss the implementation of a police state through the use of drones in Colorado and New York. They examine California's proposal to track vehicle mileage for taxation purposes and Janet Yellen's admission that inflation may persist. Elliott argues that these policies are designed to break the will of the people and force compliance with a new economic system.

The Kremlin has officially designated the United States as an enemy for the first time as Western nations supply heavy weapons for use against Russian territory. Treasury Secretary Janet Yellen faces criticism for accelerating inflation despite claims of economic stability. Meanwhile, Turkey's expressed interest in joining the BRICS nations signals a potential shift away from the US dollar's global dominance.

Unlike the 2008 bailouts funded by taxpayers, modern "bail-in" legislation allows banks to use depositor money to stay afloat. Janet Yellen has signaled that the "too big to fail" era may be ending, placing individual bank accounts at risk. To counter this, financial experts recommend moving excess cash into tangible assets like silver and gold to avoid the programmable control of upcoming central bank digital currencies.

The goal of promoting precious metals is to "melt away" the financial anxiety caused by the policies of Janet Yellen and Jerome Powell. The host compares his role to selling oxygen to a diver whose tank has run out, arguing that he only promotes products that are "real" and necessary for survival. He emphasizes that regardless of what happens to InfoWars, the mission to provide financial and spiritual truth will continue.

The Biden administration's decision to seize Russian gold and assets to fund Ukraine is criticized as a move that will permanently destabilize the global financial system. In retaliation, a Russian court ordered JP Morgan Chase to pay $440 million in frozen funds. Dr. Elliott explains that the Western banking system is extremely vulnerable due to a "derivatives debt explosion," with major banks like JP Morgan holding over $57 trillion in leveraged debt.

The social and economic damage of the "COVID war" is described as incalculable, with rising rates of alcoholism, crime, and educational decline. Gerald Celente critiques Treasury Secretary Janet Yellen and the Federal Reserve for their role in managing the economy for the benefit of the elite. He highlights the hypocrisy of keeping liquor stores open during lockdowns while small businesses were forced to close, leading to widespread social decay.