Justin Rackleff

Great episode. Top takeaways: Not enough economic pain felt by U.S. to achieve a compromise with Iran. Gas prices need to get closer to $6. (Iranian regime already killed thousands of its citizens, unclear why economic hardship would motivate them?) Farmers making choices today on wheat. There’s a world where the “bun” costs as much as the “burger” in a year. 5% demand deduction on oil already occurred. Inventories and stock pile releases have kept control on prices. When they run out, we’ll see futures reflect demand. Apparently - whey protein demand is killing aged cheese processes? And the Euros stockpiled fertilizer in December to sidestep another credit bill out of the EU. So, by luck - not strategy - European farmers doing okay on fertilizer this year.

Trump: Drugs coming by sea meaning coming by water. A lot of people don’t know what I mean by sea. They think I mean vision. I’m talking about sea like the sea.

REPORTER: You mentioned that, staying on as Fed governor, you intend to keep a low profile. Could you give us a little more detail on what that looks like? JEROME POWELL: *ducks down*

holy shit look at his jaw the man is zooted

Fascinating how Laura Loomer shapeshifts from jew to White while calling Candace Owens a “ghetto black bitch.”