Insight - June 1st, 2022
Insight
•
01-Jun-2022
In 2020, the United States was showing some economic growth; but now, the U. S. has doubled its balance sheet. Today on Insight, John and Josh Rosenstern discuss the state of the American economy as President Biden meets with the chairman of the U.S. Federal Reserve bank, and the Secretary of the Treasury. Brother John says President Biden now says he will put all his attention into the central bank, which only means more manipulation of the U.S. money supply. With regards to our current inflation, Brother Josh says the latest poll shows that one third of Americans making 250-thousand dollars a year are living paycheck to paycheck. While the cost of living is going up, and people try to maintain their standard of living, they are seeing their personal savings, retirement funds, and investments being depleted. Brother John says this creature was created by Congress and must answer to Congress as the Central Bank creates and destroys wealth as they see fit to suit the policies of the existing Congress or President to satisfy their own desires.
Up Next in Insight
-
Insight - May 19th, 2021
The many deaths in Gaza are happening by their own, and not from Israeli fire. Today on Insight, John Rosenstern asks, should Israel stop responding to the attacks that seek to annihilate her people? This is a tough place for Israel, and has been the situation since her nation was re-birthed i...
-
Insight - May 15th, 2024
Today on Insight, Josh Rosenstern updates the war in the Middle East, with recent developments of a massive rocket attack that has hit Israel to the North. Israel’s IDF forces recently came against some Hezbollah operatives, taking out one of their commanders. Much of Northern Gaza, which had b...
-
Insight - May 25th, 2023
Today on Insight, Josh Rosenstern discusses how the United States has been put on a negative watch for its credit score by one of three credit rating agencies. Our economy is being greatly affected, as we are seeing interest rates going up on short-term treasuries. U.S. debt has a huge impact a...
