🚨 Powell OUT! Kevin Warsh Could Change EVERYTHING for Your Money | Trish Regan

本站添加: 2026-05-26

[00:00:00]We got a brand new Fed chief, you guys.

[00:00:02]Kevin Walsh stepping up to the plate.

[00:00:04]And wow, this is going to be kind of a a different day. Now, he's got a lot of work to do, okay? Because no one at the Fed actually understands what AI is going to do to the economy. And I can tell you why. While it's going to be spectacular, it's going to have a deflationary effect because guess what?

[00:00:22]You can do a whole lot more with a whole lot less when you get all these computers working for you. We saw it happen right around 2000, right? the bursting of of technology onto the scene. What did that do? It drove inflation lower. I mean, the Fed was sort of shocked. It didn't matter. They could just print away and, you know, there was no inflation for a while.

[00:00:42]Well, until there was. But it's a very interesting kind of economic equation here because normally when you have a Fed that prints a ton, it would actually mean a lot of inflation.

[00:00:57]But in this new world, I have a feeling we're going to be printing a lot more.

[00:01:00]And there's kind of a debasement of currency going on. But whether or not it's uh going to result in massive inflation in the real sense in consumer prices, I think that's actually to be debated. Anyway, I digress. Let me go over to the president and Kevin Walsh today at the Oval uh not was in the Oval Office, it was at the White House. Here we go.

[00:01:26]Unfortunately, in the eyes of many, the Fed lost its way in recent years. It became distracted by concerns far removed from its core mission and mandate, drifting into matters such as climate policy and DEI initiatives. With the Fed straying from its mandate, while the last administration blew out the deficit, Americans suffered the worst inflation that we had in history. It was the worst inflation we've ever had. As you know there some people say you're wrong about that. It was only in 48 years but I think 48 years almost sounds worse. The worst inflation we've ever had. So it made it very difficult. Kevin has spoken often about the need to restore the Fed's integrity by returning to a proper focus on its two functional and really fundamental responsibilities.

[00:02:13]Maintaining price stability and low inflation and achieving full employment.

[00:02:18]And we talk about it. We've talked about it often. And right now we have the most.

[00:02:25]>> So I think Kevin Worsh is going to be a breath of fresh air. He's going to come in there and he's going to say, "Okay, let's really look at this in a different kind of way." Because Powell couldn't.

[00:02:34]All right. Powell, it was so obvious we were going to get massive inflation during CO and what do you do? kept printing and printing and printing and printing and then like co came away and he kept printing and printing and printing and printing and now as we're looking at this AI boom he won't print and it's like buddy you got it all wrong totally wrong it's like ask backwards which we used to say in New Hampshire backend two nobody knows what that means except you know if you're from New Hampshire or at least my little like district in New Hampshire we'd say backend too but that means I guess ass backwards and that's what the Federal Reserve has been ass backwards the entire time. Anyway, my feeling here on this is, you know, while inflation may not be crazy, you need to protect your dollars because the price of everything overall will keep going up. And yes, maybe you'll earn a little bit more money, but everything is going to keep on going up.

[00:03:27]And this is what has been happening. And yes, inflation right now is actually kind of bad because of what's going on in Iran. I get it. That's real inflation, right? But there's another kind of thing. It's the debasement trade. It's why I actually still like gold in this environment. why I include gold in my portfolio and why I think it's one of the best diversification tools that you can have. And this segment, funny enough, is brought to you by our wonderful friends, Dr. Kirk.

[00:03:49]Terrific guy. You've seen him on the show. If you're interested in investing in gold, I really encourage you to go to his firm, kem.com/trish, t r i s kemm.com.

[00:04:01]There it is on the screen. Trish.

[00:04:03]They'll take very good care of you. It's just 8% as a fee on the way in. You buy the real stuff, the real gold, the real silver and it's the real stuff which is great, right? And and you no no fancy coins. I know everybody loves the coins and it's, you know, nice to have a coin with like say Donald Trump on it, but that's not actually going to get your money back because they charge you a premium when they put somebody's picture on it, right? Makes sense. And so you're buying the real authentic Bolton if you go to kemm.com/trish.

[00:04:30]Again, just part of a well-diversified portfolio. You don't have to take my word for it. Take a look at what the central banks have been doing. Gold surging all through 2026. And while we just have Q1 numbers here, they've been growing and growing and growing and growing in continuation here. And that's really helped to keep those gold prices high. So, take a look at that.