E63: Banks Creating Money, Powell Cuts, Lower Rates, Economy, Effects on Real Estate

Fed Chair Jerome Powell delivers the expected rate cut but what else did he signal for the economy and real estate market? Mark and Jeff break down the implications, from mortgage application trends to broader financial momentum. Then, the hosts dive into Dr. Richard Werner's thought-provoking interview with Tucker Carlson, exploring his "Credit Creation Theory" and the idea that banks may literally create new money through lending. Could this be fueling unsustainable real estate prices — and even a potential bubble? Mark and Jeff connect global economic patterns to what's happening in the U.S. today.