David Rutherford Show: #1 Economist Warns - The Fed Turned 66% of Gen Z Socialist
About this episode
David Rutherford and economist Brian Wesbury discuss the impact of the Federal Reserve's policies on Gen Z and the rise of socialism among young Americans.
68 cents of every dollar in your wallet were printed in the last 18 years. The other 32 cents took 200 years to create. That's what the Federal Reserve actually did to your money. Brian Wesbury is the Chief Economist at First Trust Advisors, former Chief Economist for the Joint Economic Committee of the U.S. Congress, and ranked the #1 economic forecaster in America by The Wall Street Journal. He's been warning about this for decades. David and Brian break down how quantitative easing tripled the money supply, why that created the biggest generational wealth gap in American history (boomers won, Gen Z got crushed), how Jerome Powell's Fed enabled a government spending addiction at artificially cheap rates — and what the new Fed chair Kevin Warsh inherits now that the bill is coming due. They also dig into the Iran conflict's impact on oil and inflation, why two-thirds of Americans under 30 now believe socialism is a better system, and what Brian would tell every young person about building wealth in this economy. ✅ Sponsor: ☕️ Black Rifle Coffee, use code froglogic20 for discount: https://www.blackriflecoffee.com/ 🏫 Get coaching by David Rutherford…
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