Carol Roth
👤 SpeakerAppearances Over Time
Podcast Appearances
And I called it out right then and there and said, this is a set up. They know this is coming no matter what. And so they are setting the groundwork to blame this on Trump. So get ready for the talking points. Trump's been, as we said, only in there for six weeks. He hasn't even really had a chance to do anything about the economy. Congress certainly isn't helping.
And yet we're already getting the rhetoric that, oh, look what he did to our really great economy. Correct me if I'm wrong here, Carol, but
And yet we're already getting the rhetoric that, oh, look what he did to our really great economy. Correct me if I'm wrong here, Carol, but
And yet we're already getting the rhetoric that, oh, look what he did to our really great economy. Correct me if I'm wrong here, Carol, but
Yeah, it absolutely would cause our inflation to go through the roof because even with the cash in and cash out that we have, as we said, we're running these wartime level deficits. And by the way, we're financing those at high interest rates, not necessarily in the historical context, but in the context of the last 15 years.
Yeah, it absolutely would cause our inflation to go through the roof because even with the cash in and cash out that we have, as we said, we're running these wartime level deficits. And by the way, we're financing those at high interest rates, not necessarily in the historical context, but in the context of the last 15 years.
Yeah, it absolutely would cause our inflation to go through the roof because even with the cash in and cash out that we have, as we said, we're running these wartime level deficits. And by the way, we're financing those at high interest rates, not necessarily in the historical context, but in the context of the last 15 years.
and in a way that we have now made the interest expense on our debt, what we're paying for stuff we've already bought, exceed, the financing charges exceed what we're spending on defense. Niall Ferguson has a great sort of maxim, if you will, that basically, I'm paraphrasing here, but nations that spend more on interest spend versus debt don't remain great nations for very long.
and in a way that we have now made the interest expense on our debt, what we're paying for stuff we've already bought, exceed, the financing charges exceed what we're spending on defense. Niall Ferguson has a great sort of maxim, if you will, that basically, I'm paraphrasing here, but nations that spend more on interest spend versus debt don't remain great nations for very long.
and in a way that we have now made the interest expense on our debt, what we're paying for stuff we've already bought, exceed, the financing charges exceed what we're spending on defense. Niall Ferguson has a great sort of maxim, if you will, that basically, I'm paraphrasing here, but nations that spend more on interest spend versus debt don't remain great nations for very long.
That seems to be pretty obvious, something that everybody can wrap their heads around, that we don't want to be spending all of our money paying for stuff that we've quote unquote already bought. Und wir können sicherlich an diesen Ebenen das nicht ermöglichen.
That seems to be pretty obvious, something that everybody can wrap their heads around, that we don't want to be spending all of our money paying for stuff that we've quote unquote already bought. Und wir können sicherlich an diesen Ebenen das nicht ermöglichen.
That seems to be pretty obvious, something that everybody can wrap their heads around, that we don't want to be spending all of our money paying for stuff that we've quote unquote already bought. Und wir können sicherlich an diesen Ebenen das nicht ermöglichen.
Wenn wir das weiterhin tun, und das geht in eine andere Konversation, die wir vorher hatten, Glenn, zu, ist, dass die Zentralbanken weltweit, die früher unsere Freunde und in Unterstützung der USA waren, die Weltreserve-Kurse, früher nur Treasurys verkauften, das ist ein Teil der Dealung hier auf einer aufwändigen Basis.
Wenn wir das weiterhin tun, und das geht in eine andere Konversation, die wir vorher hatten, Glenn, zu, ist, dass die Zentralbanken weltweit, die früher unsere Freunde und in Unterstützung der USA waren, die Weltreserve-Kurse, früher nur Treasurys verkauften, das ist ein Teil der Dealung hier auf einer aufwändigen Basis.
Wenn wir das weiterhin tun, und das geht in eine andere Konversation, die wir vorher hatten, Glenn, zu, ist, dass die Zentralbanken weltweit, die früher unsere Freunde und in Unterstützung der USA waren, die Weltreserve-Kurse, früher nur Treasurys verkauften, das ist ein Teil der Dealung hier auf einer aufwändigen Basis.
Over the past, you know, 11 or so years, they have been net sellers of Treasuries. They've actually replaced that with gold on their balance sheet. So if we don't have central banks that will just buy Treasuries whenever, because that's part of the geopolitical deal, that means you have to find people who are, you know, are looking at the price. They're looking at the price of the Treasuries.
Over the past, you know, 11 or so years, they have been net sellers of Treasuries. They've actually replaced that with gold on their balance sheet. So if we don't have central banks that will just buy Treasuries whenever, because that's part of the geopolitical deal, that means you have to find people who are, you know, are looking at the price. They're looking at the price of the Treasuries.
Over the past, you know, 11 or so years, they have been net sellers of Treasuries. They've actually replaced that with gold on their balance sheet. So if we don't have central banks that will just buy Treasuries whenever, because that's part of the geopolitical deal, that means you have to find people who are, you know, are looking at the price. They're looking at the price of the Treasuries.
Und im Grunde genommen, an diesen Ebenen, obwohl sie ein bisschen weggegangen sind, und wir können darüber auch sprechen, aber sie sagen insgesamt, ja, wir werden das nicht tun. Wir brauchen einen Repreis hier. Und wenn du nicht genug hast,