meta_pixel
Tapesearch Logo
Abel James Show

Matthew Lysiak: How Money Printing Destroys Our Health and Enables Endless War

Abel James Show

Abel James

Mental Health, Health & Fitness, Alternative Health, Nutrition

4.62.6K Ratings

🗓️ 20 June 2024

⏱️ 67 minutes

🧾️ Download transcript

Summary

We're here with Matthew Lysiak, a nationally recognized investigative journalist, crime reporter and award-winning author of the brilliant new book “Fiat Food” which unravels the shocking history of how inflation destroyed our health, our food system, and our quality of life.

Transcript

Click on a timestamp to play from that location

0:00.0

Hey folks, this is Abel James and thanks so much for joining us on the show.

0:05.0

Does it feel like a dollar isn't worth a dollar anymore?

0:08.0

At first, inflation feels good for some of us.

0:12.0

Homeowners see their houses rapidly increase in nominal price,

0:14.9

the stock market appears to rise, even used cars and trucks sitting in the driveway

0:20.0

growing older, somehow appear to become more valuable. But when you fill up your cart at the grocery store,

0:26.4

pay for skyrocketing insurance and tax bills, and account for rapid and permanent increases in housing, energy, and all the other costs of living,

0:35.4

you start to feel the sting of runaway inflation.

0:38.9

According to the Bureau of Labor Statistics in the Federal Reserve in the past three years.

0:44.3

Groceries are up 20% across the board. Gas is up 45%, energy is up 38%, and credit card

0:52.0

debt is up 45%.

0:55.0

This would all be well and good if our salaries doubled overnight.

0:58.4

Has yours?

0:59.6

The basement of our currency has eroded our standard of living, degraded nutrients in our food supply,

1:05.8

and left us poorer and sicker than any time in recent history.

1:09.8

Theot inflation is a hidden tax lobbied without your consent eroding the spending power of every dollar you've ever earned.

1:17.0

In a debt-based Fiat system, saving is a losing strategy.

1:21.0

Increasingly, we're incentivized to spend immediately, not save.

1:26.0

Corporations are incentivized to borrow, not earn. With cheaper access to massive low interest debt, the ruling class is able to gleefully strip mine

1:35.8

any remaining wealth from the middle and lower classes.

1:39.1

Since 1900, our dollar has lost nearly 99% of its spending power. This is not an accident.

1:46.0

In 1900, a single dollar could buy a pair of patent leather shoes, a woman's house dress, or even be saved with confidence.

...

Transcript will be available on the free plan in -238 days. Upgrade to see the full transcript now.

Disclaimer: The podcast and artwork embedded on this page are from Abel James, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Abel James and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2025.