Trump Wants to Buy an Airline With Your Money — This Is Not Capitalism

Trump wants to buy Spirit Airlines at bankruptcy with taxpayer money to "save jobs." That's not capitalism — that's Bernie Sanders with a red tie.- Today’s podcasts is sponsored by Pebl. Go to http://hipebl.ai to get a free estimate.- Today’s podcast is also sponsored by NetSuite. Download Netsuite’s free business guide, Demystifying AI, at https://netsuite.com/goldJerome Powell's final press conference as Fed Chair featured a claim that inflation was "under control" for 40 years before the pandemic — a statement Peter Schiff demolishes decade by decade, showing average CPI of 5.5% in the 1980s, 3% in the 1990s, and 2.6% in the 2000s, with only the post-crisis 2010s anywhere near the 2% target.The Fed held rates at 3.5% while oil surged past $108 WTI and $120 Brent, bond yields pushed back toward post-Liberation Day highs with the 30-year hitting 5%, and four FOMC members dissented on the dovish bias. Powell announced he'll stay on the board to protect "Fed independence," but Schiff argues he'll be irrelevant. The episode also covers Trump's plan to buy Spirit Airlines at bankruptcy — proof he doesn't understand capitalism — Michael Saylor's Bitcoin conference keynote pushing Stretch preferred stock as a thinly veiled Ponzi, and explosive IRS FOIA documents proving the agency collaborated with Puerto Rico's SIF to shut down Euro Pacific Bank as a PR stunt, with every email focused on publicity strategy rather than any actual wrongdoing.Chapters:00:00 Cold Open Montage00:58 Fed Holds Rates02:47 Powell Stays On05:07 Fed Independence Debate06:17 Inflation Mandate Critique09:38 Reporters And Data11:04 Decades Of CPI Reality15:01 Ad Break Pebble16:43 Powell On His Record20:04 Inflation Fire Economy Weak21:59 Oil Yields And Markets27:18 Gold Silver And EPAM Pitch29:15 Ad Break NetSuite31:05 Trump Spirit Bailout34:10 Bitcoin Conference Reality Check37:21 Saylor Stretch Digital Credit39:44 Ponzi Claims And Warning42:57 Yield Over Bitcoin43:26 IRS FOIA Fight45:58 Explosive Email Evidence47:02 Debanking Timeline49:55 SIF Findings Breakdown57:42 PR Motive Revealed01:06:47 Press Conference Coordination01:16:43 Why This Matters01:20:08 Puerto Rico Potential01:25:12 Final Call To ActionFollow @peterschiffX: https://twitter.com/peterschiffInstagram: https://instagram.com/peterschiffTikTok: https://tiktok.com/@peterschiffofficialFacebook: https://facebook.com/peterschiffFree Reports & Market Updates: https://www.europac.comBook Store: https://schiffradio.com/booksSign up for Peter's most valuable insights at https://schiffsovereign.comSchiff Gold News: https://www.schiffgold.com/news#PeterSchiffShow #FederalReserve #InflationOur Sponsors:* Check out Fast Growing Trees and use my code GOLD for a great deal: https://www.fast-growing-trees.com* Check out Plaud AI and use my code GOLD for a great deal: https://plaud.ai* Check out Quince and use my code quince.com/gold for a great deal: https://www.quince.com* Check out TruDiagnostic and use my code GOLD20 for a great deal: https://www.trudiagnostic.comPrivacy & Opt-Out: https://redcircle.com/privacy