Attention. You're listening to the Todd Huff radio show, America's home for conservative
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All right, my friends, you have tuned in to America's son for conservative
not bitter talk. I am your host, Todd Huff. You can email
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zero twenty eight thirty three one seven two one zero two eight three zero in
fact time permitting, we're going to get to a question from a listener that
we got. I guess it would have been yesterday, So I want to
start here, and this will be spun as some tremendous economic news. You
saw this yesterday. FED increases rates interest rates a quarter point and signals potential
end to hikes. As a CNBC dot Com you'll find this reported all sorts
of places. It is news. It is an indicator that we have again,
we have a massive mess on our hands. And this is part and
parcel of what it means to have a economy that's run by people who hate
the type of world view, an ideology upon which our system is supposedly built,
which is free market capitalism. And actually one of the questions, I
may get to this sooner than I thought. I've kind of gone back and
forth. But this is directly related to, you know, the problems that
we have economically. There's a lot of them. There's a lot of them,
and some of them are deeper than even meet the eye, and so
on the surface, we have the basic problem that the government spends too much
money, right, and so that is a basic, easy to understand problem
that every person can relate to. We all have budgets. This is called
reality. And for some reason, the government, the media, Hollywood,
the people who get government handouts, they've convinced people that government budgets need to
work differently. And so when government budgets work differently, or in some cases,
government doesn't even need to have a budget whatsoever. That's what people think,
even though they may not always say that outright, that ultimately is where
we're headed. That's really one of the reasons why we're continually having to raise
the debt limit, which again that's something that's going on behind the scenes right
now. McCarthy says, the House is going to stand firm and not increase
the debt limit unless there are spending cuts Biden and the left or on the
other side of that, which is basically, ah, you know, we're
going to keep doing the status quo and not even maintain the status quote.
We're going to continue to increase spending. We're going to continue to rack up
massive, unfathomable amounts of debt and just continually dig into the hole deeper and
deeper and deeper until it becomes so burdens and folks, in some ways,
we've already hit this point, but reach dig into this financial hole so deeply
that there is no escaping it. There is no way out, And I
would maintain that is by design. Some of these these jokers and clowns simply
don't know about or others do, and they are completely content, hear me
say this, They are completely content placing massive inexcusable for what I want to
say, pressures financial pressures upon you, your family, your business. They
do not care. They do not care because the more that the average person
suffers some again, we're all people are different. But some people begin to
look for help, and often they look to the government, many times the
federal government, and so help me, help me. Federal government. That's
that is where they force people into that, even people that don't want to
get there. There's pressures that are placed. You look at all the pressures.
Number one, the government is spending way too much money. I watched
a video from John Stewart, who thinks John Stewart, look, I believe
it or not, there's a lot that I respect about about John Stewart.
I mean not, of course everything, but there are some things that I
do respect about John Stewart. I think I think in some ways he is
trying to to understand things I do. Again, this is what former Comedy
Central, the Daily Report, whatever he was on. I think he's trying
to understand some things, and sometimes he gets so close. He gets so
close. But I saw a video of his the other day. In fact,
I thought about it's not in the stack of stuff, but maybe it'll
end up there. I'll take a look at that here. But anyhow,
he did a video basically saying how we need to be more socialist, meaning
have taxes that pay for services. And I will say this, there are
some things in his video he's right on. He's right on some of the
problems that we have with big big pharma, or any industry that's getting government
subsidies. There's one thing, there's one thing to get tax cuts for some
legitimate reason to you know, for getting more employees and more people working in
a state or whatever. There's something altogether different when the government is subsidizing really
anything, because what has to happen is the government takes money out of the
private sector. When they take it, there's always a cost associated with that,
not just the money they've taken out, but there's an administrative cost.
There's the cost to pay the staff that takes it out, the staff that
reviews what was taken out, the staff and the buildings and the plumbing and
all those things that are required to the Internet services, of all these massive
numbers of people that work for the government to take it out of the economy,
so then when they put it back in, by definition, there's less
of it because the administrative state takes that. There's just operational costs. There
is no avoidingness, and so they take an amount out and then they put
it back in. And then they have these jokers and clowns in Washington,
DC and some again some bureaucratic office or some congressman's office or senator's office or
wherever, and they arbitrarily get together and decide where the money that they've confiscated
from people who have earned it. Right, the government did nothing to produce
it, nothing to produce it. The government produces nothing. The government takes.
Now, I'm not saying we should have pure anarchy, and I'm not
saying all taxes are bad. That there is a certain amount of necessary evil,
if you will, that a necessary amount of taxation to run a government.
But instead of looking at it the way the founders did, instead of
looking at the way that candidly we should look at it, which is,
how do we operate off the least amount possible so that the most money possible
stays in the private sector where investment is made. These are the groups that
are making the profit. These are the folks that are creating jobs. You
know, it's erroneous to say a president creates jobs Trump. Now, Trump
created jobs with a businesses, but Trump didn't create jobs as a as a
president. No president has. Now that being said, a president or really
congress, a president can assert pressure or provide leadership to a congress that creates
policies that makes it easier for people to create jobs, or vice versa.
In the case, anytime a Democrat or a leftists in control of the economy,
there are pressures that are put on the economy, on the business community,
that make it harder for people to hire people, that make people more
uncertain. And it only stands to reason because if you're a small business or
a medium sized business, or even some large corporations. By the way,
look at the numbers of people that are being laid off in big tech and
in other places right now. People are laying lots of folks off, and
it's because of the uncertainty. And why is there uncertainty. It's because of
all of this stuff that we're that we're hitting on. It's because of inflation,
it's because of government that is basically bankrupting itself. It's because of the
policies and the approach that the Left is taken to the economy causing or leading
or influencing the Fed the Federal Reserve to increase interest rates, which puts additional
pressure on the consumer. Now, I'm not saying that the consumer bears no
responsibility. We bear responsibility for handling our finances response right now. Certainly there
are situations where you've taken or some of you have taken, or we've taken
calculated risks and made investments in businesses and so forth, And there are circumstances
that I mean, that's a little different than just going out and blowing money.
But at the same point in time, we all bear personal responsibility for
our finances. We can't simply blame it all on the government. But what
we can do is blame blame the additional burden that's been created by the government.
And again, this comes in the form of out of control spending.
This comes in the form of high taxation. This comes in the form of
a very out of control bureaucratic state. This comes in the form of inflation,
which who's responsible for inflation? You know? I hear people say inflation
is just when things cost more. Well, that's not entirely true. It's
why do they cost more? Again, we've we've been through this before,
and I don't want to rehash it right now in this particular program or this
point in time anyway. But inflation is directly one hundred percent. It is
one hundred percent the result of government creating more money than value true value created
in the economy. In other words, the government prints more money or hits
the button and digitally creates it. Today, they create more money than actual
true value that has been created in the marketplace. You know, in a
true financial sense there is in the free market economy and the capitalistic economy.
If you pay someone for a product or service, and you get that product
or service, and they get money for that product or service, then both
parties benefit. Both parties actually see financial rewards for that. I mean,
obviously there's things we can spend our money that are true. Expens says,
well, let's say we someone builds a house. You buy property, you
build a house, You pay the person the contractor, to build the house.
The contractor gets money for creating right and building the house. The homeowner
gets the home. So suddenly there's real value that's been created, and so
both sides benefit. But what happens in an inflation. I'm making this simplistic
that there's I mean, there's there's more complexity here, but at a basic
level, this is the truth. So instead of saying the economy grew by
two percent, so the money I'm just picking. I mean, these are
just random numbers here. The economy grew by two percent, so the money
supply should be increased by two percent to show that increase. The money represents
the value that's created. The real value. Well, when they inflate the
currents or when they create inflation, they inflate the amount of currency in the
market. Just for kicks and giggles, I'll say the economy grows at two
percent, they created money supply it four or five, six, seven,
eight, ten percent, And so there's all this money that doesn't that's not
backed up by anything real and substantial, which leads to another I mean,
these problems that they've been they've been festering for decades, hundreds of years in
some cases. In fact, I got a question I texted into us yesterday
that was asking, you know how originally people and I'll get to a time
permitting at the end of the program, but you go back at the history
of of money here in the United States and the question was, what you
know, when we were on the gold standard, could you effectively exchange notes
or paper money and go in and get the equivalent in gold or silver.
And but that's back in the day when the money was are you suiting me?
Our paper money was backed by gold? And that none of that's reality
anymore. That the money, the money we have to day, it's called
a fiat currency. It's not based on anything besides the reputation of the government.
And so when you have a government that's out of control, that's been
spending like there is no tomorrow. They've been spending as though there is no
time ever, that reality will set in and that the chickens, as Jeremiah
Wright would say, come home to roost. I mean, they're all that
is being ignored. And so you have these myriad of factors. You've got
high interest rates, you've got high inflation. You've got in many ways from
some an abandonment of free market capitalism, and they've villainized free market capitalism.
And so you have a currency that's that's based on the reputation and the trustworthiness
of a government that can Italy is not trustworthy whatsoever. And so you factor
all these things in you see interest rates go up. By the way,
this is the tenth time the interest rate has increased in just over a year
or so. Tenth time. So this is a an absolute mess that's been
created. And then of course you've got the government. You got Biden in
the left wanting to raise the ability of Congress to spend us more into debts.
And who pays that you pay, That your kids pay, that your
grandkids pay, that your great great grandkids pay that. I mean, they're
gonna be paying this until the end of time, which we're swiftly marching towards,
if we continue down the path that the Left is leading us. But
anyhow, these myriad of factors all end up, and this is where I
want to take the first break. They all end up on you, they
all end up on me, They all end up on the American taxpayer,
on the business owner. And then if you have the audacity to question the
way that money is being spent, if you have the audacity to demand to
even make the suggestion that government rein in spending, reduce it, I mean,
they act like if you do what McCarthy wants to do. Speaker of
the House Kevin McCarthy. He wants to see a reduction in spending in order
to raise the debt limit. He's exactly right. Now, I don't know,
you know, I don't want to talk about it. If he's genuine
playing politics trying to set up a narrative for the twenty twenty four election,
that's a whole, a whole other issue, and it's one we have to
be aware of. But let's just take it at face value, and let's
say this is he's right, He's right, and so the problem is nobody
wants to address it because the choice is for these folks in Congress if they
take the tough steps that are necessary to rein in fiscal well to create fiscal
responsibility. Again, there's going to be short term pain. There's going to
be short term pain anyway, because these jokes in clowns have driven this economy
knows first, into the ground. Remember this is this is after Trump and
the Republicans helped us see massive growth in the economy, and Trump's first couple
of years. There was a great economic situation back then. Now it's not.
Now it's not. And of course I would ask the question, of
course I think that this is intentional by many. There of course there are
there are some quote unquote useful idiots. They don't understand this, but there's
a lot of people to do. They don't like this country as founded.
They don't like liberty. They are lovers of big government. They are tyrants
at heart. We've seen their behavior during COVID. We've seen the way that
they demonize people that didn't get vaccinated and everything else. And this isn't this
is just who they are, and so they don't like They hate America what
she was founded upon. They hate liberty. They hate this concept of a
constitutional right to anything, free speech, keeping bare arms to be secure,
and your persons and your property. They don't like any of that stuff.
Right at the end of the day. They don't like that because it limits
their power and empowers the individual over the government over the collective. They don't
like the idea that people believe or actually know the reality the facts that government
excuse me, rights come from God and not from government. And all these
things are thrown into the political bucket today and it's shaken up and it's dumped
on the American taxpayer, and we're supposed to try to dig our way out
of it. When the folks in DC are creating an absolute mess, and
they're doing it intentionally. Many of them are because they hate this country.
I don't like to say that, and I'll be honest with you. When
I first started listening to say Rush talk about these things twenty years ago,
whatever it was, I was resistant to believe that. So I hear.
I understand if you are, because you don't want to believe that someone goes
to Washington, d See with the intent on destroying this country as founded and
making it something else, making it more socialistic, more status more like an
oligarchy, something where they have empowerment, where they have basically lifetime access to
whatever they want, while the rest of us are treated like serfs. They
but that is in fact, how many of these folks look at this.
It's why they get away with things. It's why we have things like Jeffrey
Epstein, the Black Book, It's why we have all of the excuses made
for the Clinton Foundation Hillary's emails, of course, it wasn't about email servers.
It was about the content of those emails. Why she was using a
private email server instead of a government server, what she was doing, why
donations were coming in after certain favors or meetings were held, saying thing with
Hunter Biden and his laptop, the laptop from Hell, and it's why we
have a two tier justice system. And they're cool with it. They're totally
fine with it. But it's unaccept all my friends. And part of getting
out of this problem, and we're talking about fiscal financial issues today. Part
of it, yes, is finding the woke mob on transgender issues and all
this stuff going on. Part of it is also to get control of what's
happening financially in this country, reducing the debt, reducing the deficit, stop
this madness of constantly increasing the debt limit without demanding that, you know,
expenses be cut. Thankfully McCarthy's doing that. So I want to talk about
all that big picture today, but it's all landing upon you and on your
shoulders because these jokers and clowns are totally cool with it. At the end
of the day, they don't care about the results. They're safe, they've
got their retirements in place and everything else. They're in the elite part of
the class. They can weather some of the stuff that is crippling to many
Americans. It's sickening it's sad. I've got to take a break. More
on this on the other side of the break, my friends, sit tight.
You're listening to conservative not better talk. I'm your host, Todd Hugh.
Back in just a minute. Welcome back, my friends. This march
towards financial ruin and calamity has been a long and painful one. This didn't
start last weekend. This didn't even start when Biden was elected President of the
United States. This started, This started generations ago. I mean you look,
you look at just just the simple decision to move the federal gut or
excuse me, to move away from the gold standard, which basically meant,
basically meant that the dollars that we had in in circulation were actually represented by
or were backed by gold. So if there was a dollars worth of goal
I mean, for simplicity second dollars worth of gold in paper, there was
a dollar's worth of gold in the US government treasuries. And so that did
folks the value of money. No matter how much people want to pretend that
it's it's whatever they want it to be, it is rooted in reality.
It is rooted in reality because if you think about an individual financial transaction.
I mean, if if you're a auto dealer, if you have a car
lot, are you going to take thirty five dollars for a brand new vehicle?
Right there there, there is there. Real value, is a real
thing you have. You have to be able to calculate the labor, the
materials, the risk, the marketing, the overhead, all that stuff to
be able to deliver and to make a profit. To make a profit.
Otherwise, friends, if there's no profits. For those who hate profits,
there's no taxes without profits. You can't tax someone who doesn't have a little
bit more than he or she started with. I mean you can, but
that won't last for very long, although you do have Bernie Sanders, this
is in yesterday's stack of stuff. Bernie Sanders wants to confiscate the wealth of
every dollar, one hundred percent of every dollar over well over the billion dollars
status. So if someone's a billionaire, Bernie says, you can have the
first nine hundred nine million, nine hundred ninety nine thousand, nine hundred ninety
nine, but I'm coming after the next. Every other dollar you give,
well, you don't give it, you get it taken by the federal government,
by the way, speaking of that, the idea that we have,
it's not generous. It's not being generous to spend someone else's money. You
can be greedy while being poor or not being ultra wealthy. The people who
are ultra wealthy are not necessarily greedy. They made us be really good at
making money. And the people who don't have much are not necessarily by definition,
not greedy because they don't have money. If all they think about and
all their desires are to accumulate wealth, no matter how they go about doing
it, no matter how it harms others, whether someone is wealthy or poor,
That, my friends, is the definition of greed. So you can
be wealthy or you can be poor or middle class and be greedy. Just
because you have doesn't mean that you're mean. These are these are terms that
my kids who are thirteen to nine and eleven would understand anyway. But so
you put all these factors together, you got moving from the gold standard at
some point, and of course in American history, which wasn't finalized typically until
under Nixon, but we started back even before that. But you look at
all of these things. Deficits debt, well, debt which leads to deficits,
deficit spending, you've got inflation, which is government spending so much money
and then creating more than economic output justifies, and so it drives down the
value of everyone else's money because now there's too much in the economy, and
so it devalues the currency that is actually based in reality, rooted in reality.
It's making it worth less and less. And when democrats are in charge,
your money is constantly worth less and less and less and less. This
is the third char succeed me, the second term of Jimmy Carter. By
the way, Biden's Biden's America. So inflation, high taxes, bureaucratic state,
moving from moving to a fiat money system where things are not based on
anything in reality. It's just based upon whatever the government can determine that it's
worth. And then of course they can manipulate it, they can inflate it,
and now it becomes now they can use it as a weapon, as
a silent way or a quiet way anyway, I want to say silent.
It's those of us who know what to pay attention to, can see the
effects that it has, can see the effects of inflation on the average taxpayer,
The average American it's sick what they're doing to people, my friends,
it's sickening. Biden. Then you've got things like you've got things like green
policies that could potentially double I saw this in a story recently. The cost
of electricity could double if some of these policies are fully implemented. You won't
be able to buy a gas powered vehicle in the state of California. It's
just I'm not against electric vehicles. I'm against having the choice what type of
vehicles best for me and my family. We travel in a fifth wheel.
There's not an electric vehicle i'm aware of that can pull this thing around the
country. Maybe one day, I don't know. But to not have the
choice, and to be forced into a situation that does not meet what we
freely want to choose and what another would freely provide and create and sell is
just is not a good mix. It's not a good mix at all.
You've got government picking winners and losers. You've got deficit spending. There's zero
desire to cut spending, although McCarthy is fighting for that, and the Left
should be held accountable candidly, the Republicans should be too. But right now,
the House is at least standing up for spending cuts and again the message
that the bottom line is to the American taxpayer, to you listening to my
voice, this lands in your lap. This becomes your problem because your government,
my government is out of control, and I would say intentionally so,
damaging and damning stuff that hurts your ability to live your life, that makes
you have to choose between I don't know, paying for groceries or taking a
vacation or something even more more drastic and dire decisions than that. This is
created and manufactured by people who at best don't know what they're doing, and
at worst are nefarious and intentional on undermining this great nation to remake it in
something that they want it to be, which is something that is much different
than what the founders envisioned and much different from what we've had experience we've experienced
throughout our lifetime. Either some evil, manipulative, duplicitous folks running around in
all sorts of places, in government and in the private sector too, but
at least in the private sector we can tell them, no, we don't
have to be forced to do things their way with no other alternative. That's
what government is government is forced and they have forced us into this financial hell
hole, and that's where we are today. That lands solidly in your lap.
That's why interest rates are going up. I'm sure they'll try to spin
it in some positive wine In fact, I've got a sound bite from Kareean
Jean Pierre who's trying to explain just how great this economy is. But those
of us living in reality know that that's nowhere near the truth. But a
timeouts in order my friends sit tight. Got to play that sound bite from
her when we get back. Actually, next segment maybe super short, and
we'll do that after that, but timeouts in order my friends sit tight.
Be back here in just a minute. Welcome back, my friends and my
friends, I should say, instead of the wine house acknowledging and admitting the
unmitigated disaster that they have led us into. And it's not Look again I've
said before, I try to be fair. It's it's not one hundred percent
Biden's fault. Although he's been in Washington, DC for fifty years, he
deserves more of the blame than anybody else because he's been there again, as
I said before yesterday, he's been there thinking about it for twenty percent of
America's history, Biden has been in Washington, d C. Having his hands
on the reins of power. Twenty percent of this great nation's existence. He's
been in Washington, DC as a senator, as a vice president, and
now as a presidents. So but instead of acknowledging those things, Karine Jean
Pierre takes to the podium to talk about how great the economy is. She
was asked, yesterday excuse me, yes, I think this was yesterday,
before the official announcement that rates would be going up, it was anticipated that
that very well may be the case, and she was asked about that from
the from the podium, And we're gonna play it's gonna be next segment now
because I got off the clock, and you know, it's some New Year's
resolution that I've dropped the ball on here today in the first couple of segments.
So anyway, I'm gonna plan instead of just acknowledging it, taking responsibility
the buck stops here sort of stuff. No, no, no, they're
going to cover up reality. They're going to deceive us. They're going to
not take responsibility. That's what they do. This all politicians, but in
particular here it's the left and Joe Biden and his of course press secretary here.
But well, we'll play that SoundBite on the other side of the break
on touch on the question one of the questions we've got from one of our
listeners here. But the timeout in order my friends sit tight back in a
minute, my friends listen. And instead of just accepting responsibility, which of
course I know politicians, no one likes to accept responsibility. It's so much
easier to live in the world of Michael G. Scott from the office and
say, I will be honest with you, America. I would like all
of the credit with none of the blame. That's what they all want.
So but instead of doing that, they come up with ridiculous, absolutely ridiculous
things to tell us. And so here's Karen Jean Pierre at the podium,
who was asked about really just the economy. How you know what is Biden
going to tell the American people? Presuming this was before the interest rates?
I think we're officially announced the interest rate. Hey, you know what are
we gonna How can the president talk to the American people about this? How
can he how can he actually what's he gonna say? What's what's the positive
economic news from this? And this is her response. Hold on here,
this is a president that has when it comes to his economic policy, he's
put lowering costs for the Americans a top priority. And we understand you hear
this from the president as well. We understand that the American people, some
people are still feeling the squeeze and still feeling kind of the pressure, if
you will, of where we are with our economy. And so when you
look at the data, there has been there has been some relief in the
progress in fighting inflation. Consumer price index, most specifically inflation has fallen over
the last nine months. Inflation is at the lowest rate it has been in
almost two years. Since twenty twenty, has fallen about forty five percent from
its peak last year. Wages rose last month and are higher than they were
nine months ago. Accounting for inflation as well. Gas prices are down about
one forty from the peak after Putin's invasion, and grocery prices for last month
for the first time since September twenty twenty. Again, she understand that there's
more work to do. The President gets that, and doesn't get any of
that, She says, the President gets that there's more work to do.
But if you listen to that litany of bs, I'm sorry, it's it
sounds like the president's proud of his record. Grocery prices fell, So it's
it's kind of like this. It's kind of like saying, imagine, you
know, your your a young person, your metabolisms off the chart. You
can eat and do whatever you want, and you don't gain a lot of
weight. Suddenly you know, you put on some pounds, you put on
fifty pounds, and then you lose two pounds, and then you brag about
the two pounds. And now, look, I'm not saying that if we're
heading in a positive direction that there shouldn't be any you know, acknowledgement of
that little victories are fine. But it's not as though inflation is back to
where it should be. It's that's not the case at all. It's not
as though grocery prices or where they should be. They drive these things up
to astronomical levels or or well and then they say, well it's not as
high as it was. Well that's nice. Your policies have driven a lot
of these things up. And again it's not one hundred percent. It's not
one hundred percent. But my friend's inflation is absolutely one hundred percent the fault
of the federal government. The blame does not go to Vladimir Putin. Vladimir
Putin may have made the cost of oil getting exported out of that region more
expensive and by extension, other other oil markets, but that's not what inflation
is. Inflation is when there's a universal rise in the cost of everything because
and this is the important part, because the dollar is well because there's too
much money being introduced into the economy by the government, by the federal government,
and because of that, your dollars less purchasing power. That's what inflation
is. There are other factors that can cause prices that go up, there
are other factors that are at work right now. But inflation is one hundred
percent. This is Do not believe these charlatans. Do not believe these people
who are telling you otherwise. That is what inflation is. It's not inflation
is not simply something cost more. It is something cost more because your dollar
has less purchasing power. And who's responsible for that. The federal governments.
That's who's responsible for that. And that's why you go back in time and
you look at the moving from the gold stand. All these things matter,
they all, they all factor in deficit spending, bureaucratic state, turning away
from capitalism, the demonization of people that like free markets, and so forth.
All these things factor into today's reality, and again they land firmly in
the last of the American taxpayer timeouts. In order, my friends back in
just a minute, Come back, my friends, quick, really quickly.
Here. I got a question yesterday from a listener that was texted in that
kind of fits into the program today, and the question was this, when
there were US notes, this was historically did people go to the Federal Reserve
and get gold or silver? Basically, we're there tellers. And so I
have a a friend that helps that started helping or is offered to help do
some research. He's kind of he does a lot of research and he likes
this. So basically he's given me this to share with you, and we're
gonna look at that here in the time that we have we have remaining today,
which is limited. But basically, we found that the dollar, the
US dollar, came from the silver dollar silver dollar and was forty six grains
of silver. It was similar to the Spanish dollars, so that there was
a half a dollar or a quarter. Those were made in proportion to the
actual silver dollar that was established back in seventeen ninety two, so you actually
were initially able to take your own coins to the mint, or well have
your coins made at the mint us mint by taking gold or silver. That
practice, we found, lasted until eighteen seventy three, and then somewhere around
eighteen seventy eight, Congress passed our promised I said, should to redeem those
the paper money for gold. That caused a gold rush until people found out
that the paper actually did hold its value. And basically it was from then
on that we were on the gold standard, and we had the paper money
until nineteen thirty three when FDR put in the steps to get us off that
and then eventually Nixon I think, was the one who finally got us off
of the gold standard in the in the seventies, but a lot of that
was put into place, and by the way, the FED, the Federal
Reserve was replaced the US National Banking System in nineteen nineteen thirteen. So anyway,
that is a little little history on that, and again thanks to my
researching friend Tyson for for putting that together. And I appreciate the questions to
you. By the way that this is. That was something I don't know
a lot about, So I appreciate Tyson's research and help. But we're here
to answer questions too. Whatever you think, whatever the issue three one seven
two one zero twenty eight thirty, you can text it tot at todhub show
dot com. You can email it. We will do an answer, get
the answer to you the best we can. My friends, I've got to
go the seg Sam. I'll take care