Financial Survival Network

In this interview, Kerry Lutz and Michael Pento delve into the pressing economic issues facing the U.S., covering everything from inflation to government spending. They break down how persistent inflation, a lack of liquidity in the bond market, and unchecked government spending are creating a potentially explosive financial situation. Pento criticizes the Federal Reserve's recent rate cuts despite high inflation, suggesting this decision favors Treasury solvency over middle-class stability. He warns that ongoing spending, regardless of political leadership, could lead to a bond market crisis and rising interest rates. The conversation also highlights concerns about manipulated economic data and the vulnerability of the middle class, where wealth concentration in the top quintile could spark social unrest. Pento and Lutz discuss the broader impact of government policies, touching on controversial topics like potential food bans and Big Pharma’s influence on public health. They advocate for a return to the gol