Jerome Powell's Biggest Fan (Just Ask Him) - Michael Pento

Kerry Lutz kicks things off with a personal story behind his latest book, sparked by a run-in with an HOA president, before diving into economic red flags with Michael Pento. From Brightline train safety to the Fed’s next move, Pento holds nothing back—calling out Powell’s cheerleaders and slamming the idea of imminent rate cuts. He warns of massive credit and equity bubbles, forecasting a 30–35% market plunge that could devastate retirement portfolios. Pento takes aim at policies favoring Wall Street over Main Street, citing the grim reality that 60% of Americans have little to no net worth. He predicts soaring deficits, inflation potentially hitting 19%, and a brutal hit to fixed-income earners. The conversation also tackles Bitcoin—its volatility, lost potential, and whether it still lives up to its promise. Find Michael here: https://pentoport.com Find Kerry here: http://financialsurvivalnetwork.com/ and here: https://inflation.cafe Kerry's New Book “The World According to Martin Armstrong – Conversations with the Master Forecaster” is now a #1 Best Seller on Amazon. . Get your copy here: https://amzn.to/4kuC5p5   This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit khlfsn.substack.com/subscribe