The Glenn Beck Program - Best of The Program ｜ Guests： Justin Haskins & Carol Roth ｜ 1⧸13⧸22

00:00:00.000 Welcome to the podcast. Today, we talk about not only the pandemic, but also the financial

00:00:07.220 future for everybody. And as inflation hits and all the other things go on, we'll get into that

00:00:13.820 today. Glenn's new book is out. It's called The Great Reset. It's number one on Amazon. It's

00:00:18.420 number one on Kindle. It's number one everywhere. You should pick it up as well at glennsnewbook.com.

00:00:24.420 We get into that and we get into the feeling around the country,

00:00:28.420 almost of a little bit of embarrassment as to what has gone on over this first year of the

00:00:33.400 Biden presidency and a shiny new 33% approval rating for our president. We'll get into that

00:00:40.120 today as well. Here's the podcast. You're listening to the best of the Glenn Beck program.

00:00:52.660 You know, I've been doing a lot of interviews around the country for the new book, The Great

00:01:00.500 Reset. And I am surprised at how many times I hear people say, like Sean Spicer yesterday said,

00:01:08.640 you know, I didn't realize I thought I knew everything about politics and everything else.

00:01:12.640 And then I read your book, Glenn, and he said it opened my eyes to something completely different.

00:01:17.260 This is the Rosetta Stone for understanding what's happening in our country. So many stories you

00:01:25.940 can't make sense of. Read The Great Reset and then let's start fixing our country. We can't win

00:01:36.260 against Islamic extremism because we can't identify it. Nobody was allowed to identify anything.

00:01:41.920 If we weren't able to identify communism, we wouldn't have been able to defeat it. If we

00:01:48.940 wouldn't have been able to identify fascism and Nazism, we wouldn't have been able to defeat it. 0.70

00:01:53.400 If you're going to fight, you have to stop fighting the shadows, which is the right-left Republican

00:02:01.320 Democrat kind of thing. The Democrats are trying to bring in a one-party system, which is all about 0.86

00:02:08.960 the Great Reset. But that's not the show. That's not the real, that's not where everything is

00:02:15.740 happening. It is happening, as we'll show you later on in the program. It's already happening

00:02:20.300 to the banks. It's already happening to businesses. It's already happening to you with COVID.

00:02:26.780 So many people have written me this week and said, Glenn, I'm reading the book right now.

00:02:31.780 Um, and you know, I, I, there are solutions and yes, there are solutions and they are practical

00:02:38.780 solutions at the, uh, end of the book. Later on in the program today, I'm going to go over economic

00:02:45.240 solutions, uh, for you, but I, I've also drafted up a practice steps to revive the Republic. And I'd like

00:02:53.360 to send this out in my newsletter and also post this at Facebook and everything else during the show

00:02:59.360 today. It's practice steps to revive the Republic. And it is, it's nowhere near a comprehensive list.

00:03:06.680 Um, there's lots of things that we have to do, but let me give you just a few of them and

00:03:12.880 they're going to sound simple or crazy or come on, that's not going to, but it is, this is all part

00:03:20.380 of it. Remember our foundation is rotten. So unless we go back to the cornerstones and we fix that,

00:03:27.420 we can never level the house. We will, the house will come down. It's only a matter of time.

00:03:33.300 We have to stop taking shortcuts and go right to the cornerstone. So number one,

00:03:39.760 get married and have a family, get married and have a family. The best thing you can do this

00:03:49.660 mother Teresa said best thing you can do to promote world peace is get married, have a home,

00:03:55.000 have children and love your family. Family is the first government we in, we, uh, we enter into.

00:04:02.600 It's where we are taught the ideas, the virtues that are necessary for self-governance. Your kids

00:04:09.680 start to rebel in their teenage years because they're ready to start governing themselves. They

00:04:14.560 want that. So our job is to love our children, teach them, and then let them go and make their

00:04:21.640 own decisions. That is the natural order of things. So you learn those things. And if, if kids are,

00:04:29.680 you know, out on their own, they're, you know, not in a good family, the family has disintegrated.

00:04:36.100 We call those people maladjusted because they didn't come from a family. Look at our,

00:04:42.240 our murder rates and everything else. It's from broken homes. If you want to fix America,

00:04:48.280 America, if you love someone, if you know what that means, and you're, you are, um,

00:04:56.620 you're a decent human being, marry them, marry them now, marry them and start a family.

00:05:06.740 Reagan said, if you're concerned about the fall of, uh, America, some have suggested in today's

00:05:12.740 world, the family has somehow become less important. I can't help but thinking just the opposite.

00:05:17.280 When so much around us is whispering the little lie that we should live for the moment and just

00:05:21.660 ourselves, it's important that our families affirm an older and more lasting set of values.

00:05:27.620 All right. The second one, and I go into depth on all of these and I'll post it at Facebook here

00:05:32.140 in a few minutes. Um, the second one is tell the truth. Jordan Peterson said something I think

00:05:39.700 really profound. He said, when you have something to say, silence is a lie. It goes to Bonhoeffer

00:05:47.740 silence in the face of evil is evil itself. You're lying. If you stand by quietly lying today is really,

00:05:57.960 really easy. Uh, and it takes the mess of the present and pushes it right into the future.

00:06:04.200 It makes your life a minefield one wrong step and everything blows up it lying. It takes too much

00:06:13.820 out of you. Um, you, you, it just, it just does. And I know I'm an alcoholic. I lied for many years of

00:06:20.980 my life while I was drinking and there is nothing more empowering than telling the truth and letting

00:06:27.840 the chips fall where they may stop lying. We're all saying the media lies, politicians lies, the doctors,

00:06:34.660 the celebrities lie, blah, blah, blah. But if we're lying too, even if it's just, we're being silent in the

00:06:41.040 face of these lies, then we know they are lies and we can't expect things to improve. We have to agree with

00:06:51.160 each other to stop lying and to start telling each other the truth and then listening to each other.

00:06:58.760 When you are forced to remain silent, when you're being told the most obvious lies, when you're forced

00:07:06.000 to repeat those lies yourself, you will, you'll lose all sense of right and wrong. And you will,

00:07:15.800 you will become part of the evil that you are against. You have to embrace and promote a life of,

00:07:25.140 of worthy values of liberty. And it begins with us. Third step, study and history, study history and read

00:07:36.160 old books. The one thing I have learned, uh, over the years is these ridiculous scholars that are just 0.96

00:07:44.740 quoting themselves and they never get to an original source. And they want to tell me what 0.90

00:07:50.320 somebody thought 200 years ago by dismissing what the people and the friends of that people. And even

00:07:56.700 some of the enemies said about those people at the time of their life, they have no new insight.

00:08:03.740 Stop reading these new books, start getting back to original sources. You know, um,

00:08:10.380 so much is being lost because we're not, we're looking for new wisdom. It is old wisdom that will

00:08:19.180 provide the stability. Fourth step I want you to consider is own, don't rent. You know, I said last

00:08:28.260 night on the TV show, uh, somebody asked a question. I remember what it was, uh, but it was about the great

00:08:34.700 reset. And they said, what, what is it? I think this was the question. What is it that these corporations

00:08:41.000 are getting out of all of this? What, why do they want to do this? Why would they cripple people? Um, 0.74

00:08:47.800 uh, and, and how does that help them if they're destroying everything? Because they are the Mr. Potter

00:08:55.320 in it's a wonderful life. You have to change your mindset on what corporations are now doing.

00:09:02.760 They used to have a social contract that what was good for them or what's good for you is good for

00:09:09.380 them. That social contract is no longer valid. They are not thinking that way. They are looking

00:09:15.720 to enrich themselves because they see that the world is changing. This is a longer discussion we can have,

00:09:22.680 and it's also in the book, but they are making moves that will ensure their prosperity and really

00:09:30.780 ensure your demise. And I want you to understand it like this, Mr. Potter, what was the story between

00:09:39.760 Jimmy Stewart and Mr. Potter? What was, what was that building, you know, that, uh, building savings

00:09:45.240 and loan story real all really all about. It was about two visions. One was George Bailey and his father.

00:09:53.980 And they said people had a right to own their own spot of land, to own their own life, uh, and to

00:10:01.520 make their own rules. And it gives pride. You know, a Harvard study came out in 2001 and they said

00:10:09.220 there's strong, consistent evidence that indicates that homeowners are more likely to be satisfied with

00:10:14.720 their homes and neighborhoods, participate in voluntary and political activities, and stay in their homes

00:10:20.680 longer contributing to the neighborhood. These things are all really good. There is pride of

00:10:27.020 ownership. The, the great reset is about destroying all ownership. Own, do not rent. Mr. Potter said,

00:10:38.360 ah, these people, they're never going to amount to any, anything. That's the elite speaking.

00:10:43.880 These people, you can't trust them. They're bad. We have to control them. We'll put them into

00:10:50.600 Pottersville. Pottersville is the great reset. That's what they want it to become. And that is

00:10:58.320 exactly what it will become. Unless we start to do things to become self-reliant, more empathetic,

00:11:06.920 and stand on the owner's mentality. The other couple of things here, I'm just going to give

00:11:14.400 them to you quickly and I'll post them. Dump the T into the C. Remember who we're dealing with. Dump 0.95

00:11:19.480 the T in the C and know your rights and your responsibilities. You have to know your rights

00:11:26.360 and your responsibilities. And, uh, the last one is, uh, say Republic more than democracy because we

00:11:32.940 are not a democracy. We are Republican. That is an important distinction. I'm going to point these

00:11:38.060 easy steps, uh, at, to my Facebook page here in just a few minutes. We'll post them so you can have

00:11:44.380 them. Uh, these are new year's resolutions that you can do and should do. I would love to get, uh,

00:11:52.100 emails and phone calls from people today who say, I've been dinking around on my, uh, my fiance or

00:11:59.260 asking somebody to get married. I'm going to ask them today to marry me, get made, start a family,

00:12:06.860 buy a house, own something back in a minute. You're listening to the best of the Glenn Beck program.

00:12:29.260 Okay. Let me go to, uh, my coauthor of the, uh, bestselling book, the number one selling book in

00:12:42.620 the country. Now, uh, Justin Haskins coauthor of the great reset. Uh, I told you about a half hour ago.

00:12:49.820 I found out right after the show yesterday that my worst fear had come, uh, through that, uh, we had

00:12:57.820 already sold through the first printing of the book, um, in the first day, uh, this book, the,

00:13:06.300 the most we've ever sold in a week with common sense. And that was about 150,000 copies. Uh,

00:13:11.820 we sold about a hundred thousand copies in the first day of this book. We are trying to get the

00:13:17.260 presses rearranged so we can get it out. It is available on Kindle. It is available in some stores.

00:13:23.580 You can order it. Um, and please do that. It, it helps us know, you know, what the demand is.

00:13:30.780 Please order it. Uh, now you can go to glens new book.com glens new book.com and you can order it.

00:13:38.860 We'll give you the details on when it will be shipping to you soon. But like I said,

00:13:43.420 Barnes and Noble and other places still do have some copies of the book. Um, so grab it. It is

00:13:49.580 the Rosetta stone. My coauthor is, uh, Justin Haskins. Um, this one took some real heavy lifting

00:13:56.380 from, uh, Justin and his team, uh, and my team, because this was very difficult to, uh, figure out.

00:14:04.700 And Justin, one of the things that people have to understand is that how this is going to affect

00:14:12.620 their everyday life. And there's a story out today about Uber and how this, the great reset is

00:14:20.380 actually affecting Uber today. Do you have that story by any chance? Yeah. Yeah. We just pulled it

00:14:27.820 up actually. And essentially what's going on is, uh, with Uber, it's not just Uber. It's actually Uber.

00:14:34.620 It's Lyft. It's, it's a whole bunch of companies that are affected by what's called the gig economy,

00:14:40.300 where you have independent contractors, um, doing most of the work for these companies.

00:14:45.420 That's what Uber drivers are. And that's what Lyft drivers are. And, uh, you have these ESG

00:14:50.860 scoring and rating groups, uh, penalizing Uber, penalizing Lyft, because they don't have enough

00:14:58.140 information about these independent contractors. They don't know how well they're being treated.

00:15:03.820 Uh, so they need more information about those before they're going to include them in all of their

00:15:08.620 various, uh, rating systems and things like that. The, the, the thing that's important to keep in

00:15:12.940 mind here is that it's all of these big ESG scoring companies, all of these big rating agencies,

00:15:20.620 they're constantly looking for more and more and more information from these businesses. And they're,

00:15:27.100 and they're effectively penalizing these companies that are giving independent contractors

00:15:32.060 the ability, uh, to go out and make some extra money by saying, you know, you guys are by making

00:15:38.780 these people independent, you're not giving us enough information. We need even more information.

00:15:42.940 Otherwise you're essentially going to be listed as one of these bad companies, Uber, Lyft, and all of

00:15:47.500 these other, uh, gig economy companies, a lot of them already have ESG scoring systems. So this is

00:15:53.740 actually them complaining that their ESG scoring systems are not giving them enough details. Give us even

00:15:59.500 more information. And when they start like this, the next step is you're not giving me the information.

00:16:08.540 Um, the driver, we need information on the driver and how he lives his life and what he is doing.

00:16:15.980 Exactly. This is how it all trickles down and it will, it will stop you from working. It will stop you

00:16:23.020 from, um, uh, you know, inventing and being an entrepreneur. It stops the basic free market dead

00:16:33.260 in its tracks. Um, that's just one example of, of what's happening. That's in the news today. Um,

00:16:40.460 there is a story. Now I thought this would change. I just, we were talking about this yesterday. I thought

00:16:45.420 the, uh, Davos world economic forum, uh, meeting, wasn't that changed to summer or is that still

00:16:51.980 January 22nd? No, they changed it. Yeah. They pushed it back. Um, and, and they might,

00:16:56.940 they may very well push it back even further. Uh, so they, they did the same exact thing last year.

00:17:01.980 They kept pushing the meetings back. Uh, they do virtual meetings though, with many of the higher

00:17:07.100 level people. So it's important to remember just because they're not having one of these big meetings

00:17:11.660 where 10, you know, tens of thousands of people are flying into Davos doesn't mean that they're

00:17:15.580 not meeting. They have been meeting and they will continue to. They have, they just released the

00:17:20.300 agenda for January for their, um, virtual meeting. People ask me, you know, uh, how much power do they

00:17:28.060 actually have? I want you to listen just to the attendees titles, the people who are actually speaking

00:17:35.420 at Davos and all about the great reset. You have the prime minister of India, prime minister of

00:17:42.380 Japan, secretary general of the United nations, president of the European commission, prime

00:17:47.340 minister of Australia, president of Indonesia, prime minister of Israel, secretary of state,

00:17:52.860 uh, sorry, secretary of the treasury of the United States, Janet Yellen, uh, vice president of Nigeria,

00:17:58.860 director general of the world health organization, the executive director of international agency,

00:18:04.380 energy agency, president of Peru, president of Columbia, um, Anthony Fauci will be there,

00:18:11.180 minister of environment of Egypt, managing director of the international monetary fund,

00:18:16.620 president of Guatemala, vice president of the United States, uh, Al Gore, um, the minister of the

00:18:23.660 economy of Brazil, the ministry of information, communication, and technology, uh, the president of

00:18:29.180 Rwanda, special presidential envoy for the climate of the United States of America, John Kerry, the

00:18:35.820 governor of the bank of Japan, president of the European central bank, the president of Ecuador,

00:18:41.340 director general, world trade organization, ministry of energy of Saudi Arabia, the commissioner for jobs

00:18:48.220 and social rights for the European commission, the governor of the central bank of France, the minister of

00:18:54.540 state for advanced technology, ministry of industry and advanced technology of the UAE. Those are just

00:19:01.500 some of the speakers at this. So when you say, what kind of power do they have? That kind of power,

00:19:09.260 that's right, that kind of power, these people are making rules. In fact, they just put out, uh, on this

00:19:17.180 sheet, the things that they are the top 10 global risks by severity. See if these match anything that

00:19:25.900 you feel. Okay. The number one they're saying is, uh, global warming. Number two, extreme weather. Number

00:19:34.620 three, biodiversity loss. Number four, social cohesion, erosion, livelihood crisis, infectious diseases,

00:19:42.780 human environmental changes. They don't get to the economy until number 10. Um, these people are

00:19:49.980 wildly out of touch. They are elites and they are designing everything, right? Everything in your

00:19:57.340 life. Yeah, that's exactly right. And the global risks report, which you were just quoting from that

00:20:01.500 came out recently from the world economic forum with where they essentially conducted a survey of a

00:20:07.340 thousand people who are tied to the world economic forum. Um, those were the number of respondents they

00:20:12.620 had anyway. And they asked them what they thought should be the primary risks going forward. And those

00:20:18.940 were the results that they got. Um, and I think the reason why that report matters so much is because

00:20:24.780 I think this is them figuring out how they're going to position themselves going forward. This whole

00:20:31.900 idea of the great reset is built on crises. You don't have a crisis. You don't have a, you know,

00:20:37.900 a necessary solution to rework the world, right? You need a crisis to have the great reset. That's

00:20:44.060 what COVID was initially, but they know that COVID is not a long-term problem. This survey proves it

00:20:49.900 because COVID is not listed on here as one of the primary things, especially when you go, because there

00:20:54.860 are several different timeframes in their survey. The further you go out, like when you go to the five

00:21:00.140 to 10 year apart, there's no mention of COVID at all. So they don't believe that's going to be a

00:21:05.260 problem for them in five to 10 years. What did they put there though? They put climate action,

00:21:09.500 extreme weather, biodiversity loss, natural resource crises, human environmental damage. Those are the

00:21:15.020 top five things. Why are those the things? Because that I believe is what they think is going to be

00:21:21.820 the strategy, the PR strategy going forward in the longterm. And this is something that we put in the

00:21:27.500 book. We spent an entire chapter in the book. I think it's chapter three, all about how climate

00:21:32.300 change is the longterm justification, how environmentalism is the longterm justification

00:21:37.660 for the great reset because COVID isn't going to last forever. Correct. For moving you into cities.

00:21:43.900 I mean, we're talking about the claiming of 50% of all property by our federal government,

00:21:52.300 50% off limits to human beings. That's obscene. And, and, and who do they think they are that they

00:22:01.740 could get away with this? These will be global initiatives. That's how they get around all of

00:22:07.980 the countries. The country can throw a fit. It won't matter. You will be kicked out of the global

00:22:14.460 community. If you don't play along, you won't, nobody will accept your money. No one will accept

00:22:20.940 buying anything from you. Um, you can't sell anything to anyone. And this is on not only a

00:22:27.580 global scale, but I can't emphasize this enough on the, the most minute scale, you going to a grocery

00:22:36.460 store. It is what the plan is. Right. And I think that what's really important for people to understand

00:22:42.940 too, is that that is why corporations and banks and financial institutions are, are such a big part of

00:22:50.060 this because you could elect, uh, a Donald Trump America first type person. And the plan does not

00:22:56.780 stop. It doesn't stop. They keep moving forward. Why? Because even if you have government officials

00:23:01.980 saying, we're not going to do this, we're not going to support this, we're not going to go in this

00:23:05.980 direction. If all of the corporations are moving in that direction anyway, if they're going to decide

00:23:11.340 what you can buy and what you can't buy, if the banks are going to decide who, you know, that they

00:23:15.820 won't lend to certain people doing certain kinds of businesses, then it doesn't matter what Donald

00:23:21.100 Trump says. They can control it and they can do it from anywhere because these corporations have become

00:23:26.300 so globalized that if Europe says we don't do business with corporations, they're actually

00:23:31.180 considering a resolution right now in Europe that would require every business that, that is in the,

00:23:37.420 the value chain, not just doing direct business in the European Union, but just in the value chain

00:23:42.860 in Europe to go along with a, a, uh, uh, European Union ESG, they call it due diligence

00:23:49.740 system. So if you're Coca-Cola eat, let's say you're Coca-Cola and you know, you obviously sell

00:23:56.060 things in the European Union, you're going to have to go along with the European Union's ESG rating

00:24:00.780 system. You're going to have to prioritize whatever they decide. And so again, what it doesn't matter

00:24:05.500 what politicians in the United States say, if that's the system. And the, the, the frightening

00:24:10.300 thing, this is why local is so important. Localize everything. Start a farmer's market. If you don't

00:24:16.940 have one buy at a farmer's market, um, buy local, local, local, you've got to, you've got to start

00:24:24.060 looking in the smallest of areas. The way to beat this is through the small, not through the big,

00:24:31.500 they've got the big mastered. So, you know, um, Coca-Cola is one of the big ones on ESG and one of the

00:24:39.660 the real leaders in the world of, of, uh, the great reset. And they already are doing things in

00:24:46.380 Europe that are insane. If they have to buy sugar, they have to now verify that those farms and

00:24:54.540 everything that they get their sugar from are ESG compliant. The sugar farm cannot sell to a company

00:25:04.140 that has a higher ESG score. Now this ESG score, I can guarantee you, it is all going to come down to

00:25:11.500 money. You know, they're, they're not well-defined there. It's, it's really, who's going to give

00:25:19.260 people the money to grease the tracks. This is going to get so corrupt so fast. Um, and the price of

00:25:27.820 everything will go up. Yeah. It has to, it has to. And, and who's writing these ESG scores? Who,

00:25:36.140 who writes these ESG systems? Who makes them? It's the big, it's the banks and it's big corporate,

00:25:41.980 uh, leaders. That's, that's the people who are writing them. The, the world economic forums,

00:25:46.540 sort of official ESG system that they want the world to adopt the head of that, of that group that's,

00:25:52.460 that wrote those standards is the president, the, the, or the CEO of bank of America. That's the

00:25:59.180 person leading the charge for the world economic forum doing this. So these people are literally

00:26:04.540 writing their own rules. This whole system is so corrupt. It's so full of cronyism and it's,

00:26:11.740 it's so obvious what's going on. If you actually take the time to look under the hood, which is what

00:26:17.020 this book is all about. If you don't know, if you don't understand the details of this,

00:26:21.740 there will be no way to stop it because it is so complicated. You will not stumble upon this

00:26:27.180 information. You have to actually be presented with it in a, in a clear cohesive way. Exactly.

00:26:33.100 Otherwise you'll never understand it. It's really not complex. Once you get it once

00:26:38.940 that was our, that was our struggle was to boil this down into something that everyone could read

00:26:44.780 and understand. Um, and if you really want to become an expert, all of the, all of the landmarks are

00:26:51.260 there that we point you to, to really go much deeper, but this is the Rosetta stone. This is

00:26:56.540 the thing that everyone has to read. This is the biggest story I believe in. If you think this is

00:27:03.180 hyperbole, please correct it. I think this is the biggest story of humankind in the last 500,

00:27:09.980 maybe the last 200 years since America. I think this is the game changing human story of the last 200

00:27:19.660 years. Yeah. The, the, the great reset is the other side. It's, it's the, it's the other side

00:27:26.140 of the American revolution. It's their American revolution that it's for, for progressivism for

00:27:31.340 this whole long story that's been going on for hundreds of years of, of fascism and, and hardcore

00:27:37.500 progressivism that, that story in their minds is culminating right now. This is the, this is the height

00:27:43.820 of that moment for them. This is their American revolution in the same way that the American

00:27:48.060 revolution was not the beginning of that freedom movement that had been going on for a while. And

00:27:51.900 that kind of became the, the culmination of that movement. This is the same thing for them. This

00:27:56.940 is their 1776. Okay. Um, the book, you can get it now, glennsnewbook.com, glennsnewbook, more in a minute.

00:28:05.100 All right. Let me go to Carol Roth. Uh, Carol Roth is just, uh, I think Carol has just been a

00:28:23.420 godsend. Uh, I have been looking for somebody that understands the economy broadly, understands the big

00:28:31.020 business of wall street, but then focuses on the average person. Uh, and she has done that. She is

00:28:38.220 a former investment banker turned to the light side. And, uh, she is the author of the war on

00:28:44.380 small business. And we want to talk to her today about, um, inflation Congress and their insider

00:28:50.700 trading, uh, and what you should know about investing, how you can protect yourself for what

00:28:57.420 is coming. Carol, welcome to the Glenn Beck program. How are you? Glenn, it's great to be back with you.

00:29:02.540 And I have to congratulate you on the great reset book. Mine is on the way. I don't have it in my

00:29:09.180 grubby little hands because they ran out of copies because it was so darn popular. So I am champing at

00:29:16.220 the bit to get my hands on my copy. Well, you can, uh, you can get it on Kindle, um, while we're waiting

00:29:22.700 for the, uh, uh, the new books to be shipped out. Hopefully we'll have some news on when those things are

00:29:26.700 going to be shipped out. But we, the, the biggest book I ever sold was a 2 million seller. And in the

00:29:32.060 first week we sold 150,000 copies on day one, we sold about a hundred thousand copies on day one

00:29:39.260 this time. Uh, so it's, yeah, it's, it's truly amazing. Uh, so Carol, let me, um, let's, let's start

00:29:47.740 here with inflation. Inflation is not transitory. It is getting worse and worse. There are shortages

00:29:54.300 in our grocery stores. Uh, and we're hearing blame from everybody, you know, from the snow

00:30:01.260 storms, et cetera, et cetera. In my entire life, I have never seen our country except in snowstorms

00:30:09.500 for a few days go through this, but certainly not countrywide. What is really happening and how bad

00:30:18.300 do you think this is going to get? So this is the, um, I will call it the logical outcome,

00:30:24.700 the illogical outcome of central planners who think that they are incredibly smart and a direct

00:30:31.900 result of the COVID policies, uh, monetary and fiscal that we have seen over the last two years.

00:30:39.980 You had the federal reserve printing trillions of dollars and adding that to, uh, the economy.

00:30:47.020 You had the federal government putting out trillions of dollars in stimulus money. You had

00:30:54.060 governments at all levels deciding that they were going to treat the economy as if it were a modem that

00:31:00.780 you could power cycle and flip it on and off. And they shut down about a third of the economy

00:31:06.940 and assume that that wouldn't cause disruptions to the labor force and to the supply chain.

00:31:13.820 And then some of the incentives that they put in place and the uncertainty they created by their policy

00:31:19.580 further disrupted that labor force. So when you put that sort of big storm of things together,

00:31:26.940 that is the driver of inflation. And it goes all the way through. If the inputs

00:31:33.580 to goods and services are increasing in prices and labor costs are going up because you can't find

00:31:39.980 enough workers to work and then that they have the, um, uh, the leverage on their side and your

00:31:45.580 operating costs are going up, eventually the businesses are going to need to make up that drag.

00:31:53.020 And so they pass those costs, uh, increases onto the consumer. And that's why you are seeing both

00:32:00.140 an increase in cost as well as a decrease in availability of all different kinds of goods

00:32:06.620 and services. So the study came out shows that what they have done to the economy has cost the

00:32:14.060 average American $5,000 extra just in inflation. They said to us last summer when it was, you know,

00:32:23.100 going over 2%, they, maybe it'll go to three or four, maybe it'll go to five, maybe it'll go to

00:32:28.140 six. It's now over seven and it's only been a few months. Uh, are, are we seeing any signs of slow

00:32:35.820 down of this? Well, I'm old enough to remember last, uh, 4th of July when they told us we were

00:32:41.900 saving 16 cents on hot dogs. I don't know about you, but I was very excited about that.

00:32:47.180 Yeah, I was very excited. They have, I don't know if they actually missed the mark or they just lied

00:32:54.780 to us because anybody with half a brain and you don't have to be a formal economist knew this was

00:33:01.100 going to be the outcome. And many of us have been jumping up and down for, you know, almost two years

00:33:06.060 now saying this was going to be the outcome. And by the way, that CPI measure of inflation,

00:33:12.540 that 7% that you're talking about is a urban household survey where they basically say,

00:33:19.420 well, if you can substitute a good, we're not going to count that as an increase. So it's actually

00:33:24.060 that the 7% they're saying you're feeling much more than that in, in terms of your pocketbook

00:33:29.340 and your everyday shopping. Wait, wait, wait, wait, if you could, wait, wait, wait, if you can

00:33:33.260 substitute a good. So in other words, you can get spam instead of ham. Right. Then we're not going to

00:33:41.420 count that. We're going to, we're going to, we're going to count the increase in spam instead of

00:33:45.740 the increase in ham. I mean, that's not the actual thing, but that's the analogy to what happened.

00:33:51.500 Okay. Yeah. Yeah. That's how they, that's how they manipulate these inflation numbers that have

00:33:56.140 been doing that for many decades now. So whatever they're reporting to you. And again, we, we don't

00:34:01.340 need to tell you that you're going to the grocery store, you're out living your life and you're feeling

00:34:06.700 this. So, you know, the things that you're paying for are, have increased more than 7%,

00:34:11.660 but that's what they're admitting. So that that's a pretty big, big admission when their target rate

00:34:18.140 of inflation was 2%. So can you go ahead, go ahead. No, I was going to say in terms of where this is

00:34:26.300 going, there are parts of this where I don't see how, even if you can get some of the supply chain

00:34:35.020 back on track. And even if the fed scales back its monetary policy, which it has said,

00:34:41.020 it plans to do, but I don't personally don't believe it's going to be at the scale that they're

00:34:46.780 saying, um, the piece of labor piece of this, you know, we've had, you know, something like 3 million

00:34:53.340 boomers who've retired early. We have some structural issues in the labor force. So what may end up

00:34:59.980 happening is the rate of increase in inflation may come down instead of a 7% increase. It's only a 5%

00:35:09.500 increase. And what they will do is they will sell that as well. And oh, look, the inflation rate is

00:35:14.220 going down. But what that really is, is cumulative. You're never getting back that initial 7% increase,

00:35:21.780 which we know is higher. You're adding on top of that another five. So yes, maybe, you know,

00:35:27.680 you didn't get another seven, but that's money you are never getting back. That is a permanent

00:35:32.140 tax on the average American. You talk in your book and, and really lay it out really well.

00:35:39.480 Um, this is all due to the biggest, uh, wealth transfer of all time. It started in 2008. They did

00:35:48.760 it again, um, here recently. And it is completely bypassed main street, uh, and the middle class.

00:35:57.440 And it's gone to the well-connected and the, uh, the wealthy already, they're getting richer and

00:36:03.620 richer. I've never been somebody who has a problem with rich people or, you know, you make your money,

00:36:10.080 you earn it honestly. Um, however, they're getting bails, uh, they're getting bailed out by people

00:36:16.060 like me paying my taxes and others who are working hard every day. And we are losing in this deal.

00:36:22.900 And the end game is you will own nothing and you'll be happy.

00:36:28.360 Exactly. So this is the great reset playbook that you have written about. And I cannot wait to get

00:36:34.440 into the details on that. Uh, but that is one of the tenants. And I have to say, you know, I am not,

00:36:40.980 uh, the most conspiratorial person. And when I first said, Oh, there's no way they said something like,

00:36:47.220 you will own nothing and you will be happy. And then sure enough, I went and I looked it up myself

00:36:51.620 and I did the due diligence. Oh boy, that's right there in, in plain English. Um, it's there,

00:36:57.040 it's actually in their advertising campaign.

00:36:59.220 With a video with a, with a woman like, you know, dumbly smiling going, Oh look, I, I owe nothing. 0.97

00:37:06.940 And I'm thrilled. Um, and, and that is the issue here is that they're creating these barriers to

00:37:13.700 wealth creation and to ownership. And they've done it through monetary policy. They've done it through

00:37:20.140 government rule. And it is the most historic transfer of wealth from main street to wall street,

00:37:26.260 because if you are a saver, or if you are a retiree, or you're an average American is just

00:37:30.920 trying to go and buy groceries, it's getting more expensive. You're not able to earn any sort of,

00:37:37.320 um, appropriate interest level on your savings to keep up with that pace of inflation. But the asset

00:37:44.660 values have been increasing. And so we're seeing those people who are already wealthy and well,

00:37:51.100 well connected, seeing their wealth increase. And so basically what you need to

00:37:56.240 do is you need to take that playbook and flip it on its head, whatever they don't want you to do,

00:38:02.260 you need to do, you need to have ownership. You need to be focused on those assets and,

00:38:09.500 and practice some delayed gratification right now, because that is the pushback against the great

00:38:15.060 reset. So I was saying earlier today, um, because this whole thing is to try to get you to not own

00:38:21.720 anything and they're going to bankrupt us. So you'll have to be very careful and, and, you know,

00:38:26.980 and, and really strategize because you don't want to get into over your head debt. But owning property,

00:38:34.280 owning your own house is so critical right now. Uh, and if it means you have to move away from where

00:38:40.940 you really want to live, but you can find another place in a cheaper part of the country, you know,

00:38:46.240 that is a, uh, red state mentality, you should do it. Um, somebody called me today and said,

00:38:52.100 would you consider, uh, uh, condominiums real property?

00:39:01.300 That's a tough one. That's a tough one. I say this as a condo owner, um, because it is,

00:39:07.220 you know, somewhat cooperative. And obviously we saw, you know, as recently as that, you know,

00:39:12.720 within the last year, that if that cooperative doesn't make the necessary investments in the

00:39:18.360 property, um, tragedy can strike. We saw that in Florida. So, um, I, you know, I, I like something

00:39:24.540 where you have that direct ownership and the more direct you can, you can own the better, as you

00:39:30.180 said, home ownership, um, other things to do. Like if you are a worker right now, you are in demand.

00:39:37.060 And if you do not have an ownership stake in the company that you're working with through via

00:39:42.120 options or equity, it's a really good time to look for an opportunity where you can share in that

00:39:48.300 upside, whether the company is public or private, a lot of different businesses will offer you the

00:39:54.900 opportunity to own a piece of the business over time. And that, you know, if you're going to work

00:40:00.140 and you're going to put your, your, your time and your effort towards helping somebody else build

00:40:05.140 value, participate in that value if you can. Okay. So, uh, we're going to pick it up, uh,

00:40:11.400 on Bitcoin and other investments, uh, gold, silver, and, um, uh, and the things that you need 0.97

00:40:19.420 to be aware of and the people that are enriching themselves in Washington on all of this, like pigs. 0.83

00:40:25.380 We're going to talk about that with Carol Roth here. Give me one minute. We're going to come 0.98

00:40:28.560 right back to the, right back to the program.

The Glenn Beck Program - January 13, 2022

Best of The Program ｜ Guests： Justin Haskins & Carol Roth ｜ 1⧸13⧸22

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