Mike Maloney

Decoding Powell: The True Meaning Of His Message

Premiered 22 hours ago

Hold onto your hats….I mean your wallets….because Jerome Powell just went on 60 minutes on Sunday and basically told the President of the US and the US Congress to spend as much as they can spend right now…….my checkbook is open.

Jerome Powell, Chairman of the Federal Reserve, appeared recently on 60 minutes.

Join Mike Maloney as he uncovers the true meaning of what Powell said, and the implications that will follow.

This is a very important video, thanks in advance for sharing it with family and friends.

https://youtu.be/9-rsQT4HScA?t=5

Patriot Intel Report

PIR 05 20 20

Be on the lookout for changes…..unexpected changes economically

The head of the Fed Powell and Sec. of Treasury Mnuchin were answering questions in Senate yesterday and the head of the Fed said we need and get money into the hands of the people now in order to minimize and avoid further damage.

I believe this is the process of bringing down the Federal Reserve and giving control back to the US Treasury. Do not be surprised to see funny things happening like we talked about yesterday with the US Treasury debit cards going out.

One of our listeners told me his wife is receiving one of these cards….she is supposed to receive it this Friday the 22nd. So we will start seeing this around the nation.

This is unusual.  Some people say this is a pilot program to get things set up for the next actual stimulus when it goes out…..and people would have an account directly tied to the US Treasury.

It says right on the Us Treasury with a picture of the card that you can use this card for shopping, or whatever and you can transfer funds right to your current bank if you choose to… with no fees.

Expect the unexpected…..financial changes will roll out in the way that most people do not expect.

https://www.youtube.com/watch?v=NKjDM6jjJsI

Some articles regarding US Treasury Debit cards

Coronavirus stimulus package: Nearly 4 million Americans set to receive prepaid Visa debit cards instead of paper checks   https://www.masslive.com/coronavirus/2020/05/coronavirus-stimulus-package-nearly-4-million-americans-set-to-receive-prepaid-visa-debit-cards-instead-of-paper-checks.html

Coronavirus stimulus checks: IRS now sending prepaid debit cards as payout hits $240 billion https://money.yahoo.com/coronavirus-stimulus-checks-irs-now-sending-prepaid-debit-cards-as-payout-hits-240-billion-170835117.html

U.S. Debit Card: ( may or may not be the new card)   https://fiscal.treasury.gov/us-debit-card/

*****************

MONEY CREATION HYPERINFLATION STOCK MARKET...Q&A with Lynette Zang and Eric Griffin

Streamed live 21 hours ago

Some of today's questions:

1. Vincent P: Do you think that Covid-19 is not the cause for all the new money creation, but a smoke screen used to hide the already failing financial system?

2. Jeremy M: If hyperinflation does occur, will our employers be able to keep up with giving us pay raises to stay in line with the rapidly increasing costs of goods?

3. Tanya J: If there was the introduction of a universal basic income, wouldn’t this just keep the economy afloat indefinitely so the crash that seems imminent could actually be years away, therefore making gold and silver stagnate?

4. Joseph C: If the Federal Reserve goes negative rates. What does that mean for first time home buyers? Would the banks pay people to take out new mortgage loan?

5. Victoria B: Why does the Stock Market keep going up? It seems totally out of sync with the real world?

https://youtu.be/SMaf6TslVMw?t=7