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    The Bongino Brief - Because They Don't Want To

    enSeptember 23, 2023

    Podcast Summary

    • BRICS Countries Agree to Use Local Currencies for Trade, Potentially Weakening Demand for US DollarBRICS countries' decision to use local currencies for trade could impact US dollar's buying power, leading to increased interest in physical gold investment in tax-sheltered IRAs.

      The BRICS countries (Brazil, Russia, India, China, and South Africa) have agreed to use local currencies for trade instead of the US dollar. This is significant as it could weaken demand for the US dollar, potentially leading to a decrease in its buying power. As a result, there has been increased interest in investing in physical gold held in a tax-sheltered IRA. The Bongino Brief's Dan Bongino encourages listeners to consider this option, but emphasizes the importance of consulting with a tax attorney or financial professional before making an investment decision. Bongino also expressed his concerns about the current state of the country, including inflation, border crisis, and economic issues, which have been causing him personal distress. While these issues are not new, their impact has been particularly noticeable lately.

    • Crisis at the US-Mexico borderLarge numbers of migrants are overwhelming the border system, causing chaos and harm, with makeshift processing facilities and hospitalizations resulting from the stampede-like situation

      The situation at the US-Mexico border has reached a critical point, with large numbers of migrants overwhelming the system and causing chaos. The speaker expresses concern that the situation has escalated beyond an invasion to a hostile takeover, with migrants disregarding immigration laws and causing harm to officials and other migrants. The border patrol is working to process the large numbers of people, but the sheer volume has led to the creation of makeshift processing facilities underneath the port of entry. The situation is described as a stampede, with migrants trampling each other and officials, resulting in hospitalizations. The speaker asks viewers to watch a Fox report and share their thoughts on whether this chaos is intentional or accidental.

    • Migrants crossing US border illegally and BRICS countries using local currencies for trade impacting gold demandIllegal immigration and global economic shifts are causing increased interest in gold investments as a safe haven asset.

      A large number of migrants are choosing to enter the United States illegally by crossing the border, disregarding the lawful process of using the bridge and applying for a visa. This action not only goes against the law but also creates additional challenges for the US immigration system. Meanwhile, in global news, BRICS countries (Brazil, Russia, India, China, and South Africa) have agreed to use local currencies for trade instead of the US dollar, which could potentially weaken the buying power of the dollar. In response, Birch Gold Group reports an increase in investors and savers seeking to protect their savings by investing in physical gold held in a tax-sheltered IRA. This trend underscores the importance of being informed about the potential implications of these global events on financial markets and personal savings.

    • Government's intentional money creation worsens inflation and housing crisesGovernment's intentional money creation leads to increased inflation, interest rates, and difficulty in affording necessities like homes.

      The current inflation and housing crises are being exacerbated by the government's practice of printing and digitally creating money, leading to increased inflation and interest rates. This process, which is being done intentionally by both Republicans and Democrats, results in the cost of living increasing for individuals, making it harder for people to afford homes and other necessities. The government could stop this by ceasing the practice, but they choose not to. Additionally, issues like the fentanyl crisis and ongoing wars could be addressed, but the government continues to spend money on these issues instead of addressing their root causes. The speaker emphasizes that this behavior is being done on purpose, and the consequences are being felt by everyday people.

    • Disappointment with current administration's policies and inactionSpeaker calls for decisive actions on economic matters, job creation, immigration, and education, expresses skepticism about administration's intentions, and raises concerns about corruption and border security.

      The speaker expresses frustration with the current administration's policies and inaction on various issues, including economic matters, education, immigration, and corruption. They believe that the administration could take decisive actions to address these issues, such as reducing dependence on China for rare earth minerals, creating jobs in the petrochemical and car industries, cutting taxes for creators, securing the border, and protecting children from indoctrination and pornography in schools. However, the speaker expresses skepticism that the administration truly wants to make these changes and believes that their inaction is deliberate. The speaker also expresses concern about ongoing corruption in the Department of Justice and the large number of people entering the country illegally. Overall, the speaker's message is one of disappointment and a call for action on these issues.

    • Criticism of Karine Jean-Peter's handling of border control issuesThe situation at the border has worsened, and clear communication from those in power is necessary for effective addressing of the issue

      The current White House press secretary, Karine Jean-Peter, has been criticized for her handling of border control issues and her response to questions regarding the number of people entering the country illegally. The criticism stems from her perceived evasiveness and dismissive attitude towards the gravity of the situation, which some believe is worsening under the current administration. The speaker in the text argues that the situation has significantly deteriorated compared to the previous administration, and that Jean-Peter's attempts to downplay the issue are misleading. The speaker also criticizes the press for not asking clearer questions and not fully grasping the complexity of the issue. In essence, the takeaway is that there is a growing concern about the handling of border control and immigration issues, and that clear and effective communication from those in power is essential for addressing the problem.

    • Concern over border crisis and voter apathyThe border crisis under Biden's administration is a concern, attributed to deliberate actions and voter apathy. Voter turnout is crucial to combat political cheating and keep the country on track.

      Under the current administration of President Biden, there has been a significant increase in the number of people crossing the border compared to the previous administrations. This increase is a cause for concern, with some attributing it to deliberate actions and others to voter apathy. The speaker expresses frustration over the situation, feeling that the country is collapsing before their eyes. Despite this, they acknowledge that winning elections by a small margin is crucial and that showing up to vote is essential. The speaker also mentions that cheating has always been a part of the political landscape, but it is the lack of voter turnout that has allowed this to continue. Overall, the speaker is expressing a sense of urgency and a call to action for voters to engage more actively in the political process.

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