EXCLUSIVE: The Fed Is Sabotaging the Economy—And Trump Is Their Scapegoat, Economist Warns
They're setting the stage for economic collapse under Trump.
Economist Dr. Kirk Elliott sees a rare window—the investment opportunity of a lifetime.
And it’s closing fast.
🧵 THREAD
They're setting the stage for economic collapse under Trump.
Economist Dr. Kirk Elliott sees a rare window—the investment opportunity of a lifetime.
And it’s closing fast.
🧵 THREAD
People all over the world are, rightly, growing more uncertain about the future—particularly when it comes to their finances and the economy. Just this week, banks in the U.S. made a surprise move that could spell disaster.
On top of this, all signs point to continued escalations in the Middle East, particularly indicated by what organizations like JP Morgan and Goldman Sachs are predicting.
But, there is a silver lining. We are aware of it. We can see where all of this is heading. And there is something that we can do about it.
Dr. Kirk Elliott is a leading economist and precious metals dealer. You can find out more by visiting kepm.com/pulse. He joins us now to break this all down.
On top of this, all signs point to continued escalations in the Middle East, particularly indicated by what organizations like JP Morgan and Goldman Sachs are predicting.
But, there is a silver lining. We are aware of it. We can see where all of this is heading. And there is something that we can do about it.
Dr. Kirk Elliott is a leading economist and precious metals dealer. You can find out more by visiting kepm.com/pulse. He joins us now to break this all down.
Dr. Kirk Elliott opened the conversation by diving straight into one of the biggest power struggles in economics today: President Trump vs. Jerome Powell.
Elliott didn’t mince words when describing the president’s stance: “Powell, you’re an idiot. You’re a moron. You’re actually stupid,” Trump essentially told the Fed Chair, warning that refusing to lower interest rates could push the country straight into a recession.
But according to Elliott, that clash is only one piece of a much larger story.
He warned that the Fed is now pushing a plan to loosen credit standards for banks—echoing the same reckless policies that led to the 2008 financial collapse.
“This is what caused the 2008-2009 financial crisis,” he explained. “If you don’t [lower rates], this is going to drive the U.S. economy into a recession… And they’re doing it again.”
While Trump calls for urgent economic relief, Elliott warns that Powell is deliberately setting him up to take the blame—and the timing, he says, is no coincidence.
Elliott didn’t mince words when describing the president’s stance: “Powell, you’re an idiot. You’re a moron. You’re actually stupid,” Trump essentially told the Fed Chair, warning that refusing to lower interest rates could push the country straight into a recession.
But according to Elliott, that clash is only one piece of a much larger story.
He warned that the Fed is now pushing a plan to loosen credit standards for banks—echoing the same reckless policies that led to the 2008 financial collapse.
“This is what caused the 2008-2009 financial crisis,” he explained. “If you don’t [lower rates], this is going to drive the U.S. economy into a recession… And they’re doing it again.”
While Trump calls for urgent economic relief, Elliott warns that Powell is deliberately setting him up to take the blame—and the timing, he says, is no coincidence.
According to Elliott, this crisis isn’t mismanagement—it’s intentional.
He called it “sabotage,” arguing that the Fed is deliberately setting the stage for an economic collapse under Trump’s presidency, fully aware of who will take the blame.
“Whoever is holding the bag when the U.S. economy fails is going to get the blame for it,” he said. “That would be Trump—even though it’s not his fault.”
And the consequences wouldn’t stop at the markets.
Elliott warned that this kind of maneuvering could erode public trust in leadership and spark another wave of political disillusionment.
He called it “sabotage,” arguing that the Fed is deliberately setting the stage for an economic collapse under Trump’s presidency, fully aware of who will take the blame.
“Whoever is holding the bag when the U.S. economy fails is going to get the blame for it,” he said. “That would be Trump—even though it’s not his fault.”
And the consequences wouldn’t stop at the markets.
Elliott warned that this kind of maneuvering could erode public trust in leadership and spark another wave of political disillusionment.
From there, Elliott zoomed out to the bigger picture: globalism.
He argued that trade policies like NAFTA were never about creating fair competition. Instead, they were crafted to shift power away from American dominance.
NAFTA, he said, “benefited Mexico and Canada at the detriment of America.”
“This is the goal of the globalists,” Elliott explained. “They don’t want America determining the financial condition of the world.”
The objective isn’t to lift other nations up—it’s to bring the U.S. down.
He argued that trade policies like NAFTA were never about creating fair competition. Instead, they were crafted to shift power away from American dominance.
NAFTA, he said, “benefited Mexico and Canada at the detriment of America.”
“This is the goal of the globalists,” Elliott explained. “They don’t want America determining the financial condition of the world.”
The objective isn’t to lift other nations up—it’s to bring the U.S. down.
Next, Elliott turned to the Middle East and how rising tensions could send oil prices skyrocketing.
He explained that a spike to $150 per barrel wouldn’t just make headlines—it would ripple through every part of the global economy.
“You can’t get away from it,” he said. From transportation and manufacturing to shipping and food production, oil touches nearly everything we rely on.
And if inflation surges, Elliott warned, Powell will once again refuse to cut interest rates—and use the rising prices to pin the blame on Trump.
He explained that a spike to $150 per barrel wouldn’t just make headlines—it would ripple through every part of the global economy.
“You can’t get away from it,” he said. From transportation and manufacturing to shipping and food production, oil touches nearly everything we rely on.
And if inflation surges, Elliott warned, Powell will once again refuse to cut interest rates—and use the rising prices to pin the blame on Trump.
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