to crank topping almost 50000000000 at this stage, a country, not even a part of nato. meanwhile, americans are dealing with a record prices at the pump and a food shortage. and a while, it is almost trendy to talk about hanging america. you see little blue and yellow flags on screen names across the twitter feed verse. after months, mothers are still struggling to feed their babies in america. the us mexico border is open and pallets of a baby formula are being shipped to those entering the country illegally. i understand is cruel to let a child starve simply because they were brought here by their parents. but arguments are being made saying people come here for a better wife. however, is this a sign that america should keep a boarders close focused on the american citizen? who's already suffering? if america keeps allowing everyone to come in, are we going to end up as poor and if food insecure as the nations they left to discuss america's obsession to save, everyone is actually annihilating it. we bring in a david towel,

the founder of approaching capital. thank you so much for joining me, david. thank you, scott. okay, looking at the present state in the past, we've been able to save the world at times. we've been strong enough, but at this exact moment in history is america wearing herself then by trying to save the world. should we be putting ourselves 1st and would a little bit of nationalism actually save our economy. here, right on the head. we seem to have an obsession with helping out every impoverish, destitute under fire, country person, group of people community in the world. and we tend to go ahead and ignore our own . and really the charity has to start at home. if this economy is heading into are already in a recession, families are struggling with basic necessities by reason of inflation or by reason of shortages,

a certain product. the administration has an obligation to immediately harness the entire power of the government in order to solve those problems 1st, before we go ahead and worry about the destitute and the poor and the challenge all around the world. now is this motivated by just being a good heart and feeling bad for those that are less circumstances? are this more about a power struggle that the united states assumed? if we give you aid, that means that we owe you or that you have some sort of allegiance to us. does it even matter? i don't think it matters. i actually don't think it stems from there, although that would be a great bonus. we were to get that, but we certainly don't get that. we hand out dollars without even expecting the leaders of those countries to show up to, you know, meetings that we go ahead in orchestra. right. we had a meeting in the americas couple weeks ago and mexican president. so i had not come but yet look how much prosperity we prop provide to the mexican government. so

clearly we're not getting our fair share of what we're owed, so to say. but beyond that, i think it's all about policy. you've got spokes on a very far inside of the congress that are championing the rights of people all around the world while they ignore the constituents in their own voting. and that policy is that policy not only long term, but even short term for the united states. we are under cutting our own citizens in order to go ahead and arguably in some situations who are helping abroad are not necessarily the good guys. sometimes we're helping the, you know, could be bad guys, or, you know, it's great. it's not clearly black and white and job. another less books at home or hurting, and it's unfair to them. and it's inappropriate for government not to focus on them 1st. and david asked me, i see that's why i continue scratch my head because people continue to be put back in office. when you look at the absolute devastation at their own communities are

suffering, doesn't matter. people still vote to put them back in the real catch in all this is america's actually borrowing money from china, all just in a do ukraine and kind of basically find this proxy war. that is really making other countries like russia, obviously angry, even more angry us. we cannot keep printing money, which is what we've done. that is not even our own. what does happen to the american economy? if china comes to collect the debt, is over. if not forget about even if they come to collect a debt, if they stop buying over, they are the biggest lender to the united states. we know that we've known that for some time. there are dynamics far beyond just that straight computation to the getting to the conclusion that china will always be a lender to the united states. thankfully, because we are the reserve currency of the world and people do want to own our debt

is the most stable that there is out there. our, to your point, scotty. if i some point in time, we've undermined our economy so much by doing the wrong things with the money that we've got. and there is instability around the question of, are we the most stable economy in the world? are we the strongest? and are we the reserve currency in the world? well then, yes, that day of reckoning will come. and that's a very scary day. not only for a china slash united states, but it'll automatically go ahead and trickle down into our pockets. i mean, we will have an unstable currency we take for granted that our dollar is incredibly strong in tomorrow morning when i wake up $100.00, that's in my pocket is going to have about the same amount, the buying power as it did today. and a lot of countries in the world that's debility is not there, and we take it for granted. and to the extent that our largest lender at some point

starts to question that well then all bets are off and who knows what happens next . so do we really exist on a level playing field in questioning? anything china does is they own our debt and you mentioned the reserve currency. are you still very competent? considering the present situation of economics here in the u. s. that the dollars going to remain the reserve currency for the world into the near future. i'm pretty come and for my life i'm, i don't know about my children's life. there are a lot of dynamics that go into answering that question and a lot of that it, you know, future telling about the change in power that will go on in the world. you know, over the next, the decades to find out. but if the united states plays its cards, right, it's in the best position to remain the world's reserve currency. it's going to be

interesting because at same time americans very divided china seems like they're very politically very nationalist and they support their people economically. and a nationalist sense putting focus on increasing wages jobs, economic output of their own. at the same time, it is heavily involved in the global economy and one of the key players in it. so it seems to be able to juggle nationalism and globalism and can do well in both fears. why is it that the united states doesn't seem to be able to be able to do this? and why don't we seem to be able to support this healthy sense of national identity while also being the leaders in a global economy? what element of china having our debt plays in that? ok, so 1st of all, we have a lot of freedom in this country. we have people, freedom, not only of, you know, all the political choices, but also when it comes to capitalism. we provide folks with the freedom to go out and earn whatever it is that they can achieve. and i see an incredible asset that

this country china does not have that in a lot of different ways. they are the leader now that is going to be there forever . life term. and then we're going to and they have an economy that is very much controlled, almost down to the last one spent. right, because they are digital. you want in that country where the government can go ahead and see into every single person's spending habits down to the, you know, the last one you know exactly how much and where they're directing their spending and investments and so forth. so there isn't that much by way of choices relative to the united states in china. that said, you know, those are 2 very different systems that are to taking to very different approaches on the long term gamble on which is going to go ahead and survive. thankfully, our republic has survived this these many years and i think it's,

it's strong and continues to have stress. on the other hand, you know, the chinese economy has largely been the beneficiary of coming into a mark, a more consumption economy over the last couple of decades. and so that's why they see incredible growth. now the consumption wave is over. the question is whether china is going to be able to keep up their growth rate, or at least, you know, bring it back, but still have it as at a relatively high level. and that question remains outstanding in terms of, you know, how can trying to navigate their owns, quote unquote soft lab, saying that they're supposed to have from their growth rate? well, i agree that we are talking about apples and oranges of economies, but unfortunately i do see america more changing in the way it's handling. actually looking more direct government controlled economy than necessarily an independent capitalist. as time goes on, a lot of the product of the pandemic that we just lived through. i want to far let

you go and talk about bricks, and we think the international blog we immediately think about globalism in regards . but isn't bricks the way it's set up really moral league if you will, of like minded countries who want to trade with one another, engage in the global economy. but the same time kind of have a secure understanding of their national identities and their national entrance is the brakes model. not only arrival to the west, but a rival for the global agenda of the west. more importantly, an excellent philosophical point on how you go ahead and set up. one way of saying it is it understandings? and then other way of saying is cartel. so you got other cartels like opec and you've got cartels like nato, and then you've got the bricks. you know everyone's got a different makeup in terms of, you know, is this just an economic relationship? is this a political relationship? is this a policy relationship also? and the economy will bleed into one another. you know, i think certainly all of these things,

all these different structures. sounds incredibly good on paper, right? they're set up very idealistically. and those lines, people try to draw them, you know, very definitively when setting up, you know, those communities of, of countries, but then difficult issues come down the pipe. and then you start to see disagreements and then cracks. so yeah, certainly if, if, if you're able to go ahead and simply leave the relationship to economic and then not have anything to do with politics or policy inside of each country or say, another way you have, you know, very strong feeling nationalism for each country in and of on its own, that seems to work out very well in the united states. however, you know, we that for, for better or worse, and i think on the whole for better, you know, we take our position in the world as the champions of democracy. you know very

seriously, and we are the champions of lots of other policies as well, you know, at times. and we try to go ahead and align ourselves with countries that are similarly mindful of those other things that we try to incentivize countries to go along with us. or maybe that's wrong that we're trying to buy some support. but that's what we do here in the united states. i'll expect that to change much over time. it's, it's, it's really a principle which were built well, david towel, candle of pro chain capital. thank you so much for sharing your insight. we'll chat again. thank you. as inflation rise is one major party, a suffering the most in america, our farmers. we will talk to one when we come back after the break with more 360 view. ah ah.

i am, my name is frank richardson, philadelphia got in the movement in any age, 13 or 14. we are violent towards those people because we believe that we're in a race. we're here 1st and this is our country being part of that movement. i got your sense of power. when i felt powerless, we got attention when i felt invisible and accepted when i felt and lovable life after hey, is an organization that was founded by poor skinheads neo nazi white supremacists in the u. s. in canada. and they found each other and they knew that they wanted to help other guys get out is 2 parts to getting out of a violent extremist group. the 1st part is disengagement, which is where you leave the social group. and then the next part is d. radicalization work belief systems ology are removed. it was very impactful. when someone finally came along with no fear, no judgement,

you heard my story did nothing to challenge it. validate with the balkan complex been simmering the some time also is that she was a sub scope whirlpool crane. i quit, but i'm a little bit almost done and i think they'll damian's demanded the cause of a subs change car license plates. in other words, they recognized close of either for the role for the hell he bought for

the bell, gray refuse kosovo. is serbia, so discriminating against something is a slap in the face of a formal told me to put her off sort of a career role report from insurance post for girl? was carol bill room or set up the canoe there to do with it, the good in it. and he's really those new. they'll boncey madame more, i should, he'll be golden all me. how they build to be in president alexander gucci hasn't ruled out the possibility that the west is waiting for the right moment to strike the republic with georgia tech. hope you're with ah, welcome back. you are watching the 360 view in, i'm sorry. no. no, it's no secret. the american academy is struggling biden is looking to end at trump

and era tariffs to curb inflation, but it may have the opposite effect. now farmers are struggling to compete and throwing in the towel while america is making it easier for companies to choose importing our food, where becoming less and less food independent. all china quietly buys up all of our farm land to discuss with time for america to put herself 1st. we go to this report . study inflation is impacting the entire world, but farmers are heavily burdened with the rising prices to keep food on our tables . that inflationary spirals, especially harmful to you. i spoke with edward morse who is not only a professor of business law, but also an american farmer. i think there's a, there's a natural benefit behind american agriculture that consumers out of ought to be

thoughtful about. morse raises cattle and sales beef as well as gross corn, 4 feet. i asked moore's how record high inflation is impacting team on his farm. were a large consumers of energy, so diesel fuel prices have more than doubled and that affects our farming operation itself. the fuel that we need to run our tractors and equipment, but it also affects the transportation cost, moving our products to market, and receiving inputs like fertilizers, the etc. all those things are affected by higher fuel costs. and some of the higher labor costs that this inflationary cycle is producing. another huge problem for american farmers staying competitive, not against each other, obviously, but more and more grocery stores and distributors are getting products,

fruits vegetables, even beef from canada and south america. i ask, how is it possible to get blueberries cheaper by importing them? there is this thing called the comparative advantage, probably cheaper labor costs associated with picking the blueberries in that environment. but it is a, it is a little paradoxical, particularly when we think about the cost of the fuel to move those blue varies across the globe versus moving them from michigan or, or somewhere of that nature. of course, it's a good thing that we're able to import those, those areas from other parts of the world because that means we can have berries, year round and not just during very seasons as bite and plans to revoke more trump era tariff in the name of carbon inflation. he could get harder for the american farmer to stay competitive,

but he's not just farmers in the united states suffering from my globalist economy . in the netherlands, the government is instilling strict regulations on farmers to help curb their emissions output. new regulations require farmers to use less and less fertilizer and regulate their number of livestock. farmers are protestant by blocking roadways for fear district implementation could lead them to shut down their farms and lose their livelihood. you can seen this video, police opening fire on a dots farmer in a tractor. real a rob was you rob bush, whatever. what bob shells are bare across the netherlands, us farmers have halted the food supply chain in protest. in fact, countries across the world, poland, germany, italy, i'm more i journey gather in the see the centers,

not only in support of the netherlands, but also to protest against their own government regulation. president biden has run on a platform, promising to cut carbon emissions and push the green new deal. i asked morse, what can the united states government do to help farmers? so the us doesn't get to the point where we are putting global initiatives above our own ability to keep farmers in business by reactions. that would be due a lot less than they're doing right now. because i think the market forces are here to do the cars, us to do the right things. and in fact, you know, the government intervention is a big reason that we're having the inflationary cycles that we have right now. the money supply over the past 22 years or so have drawn, drawn by almost 50 percent. and we've doubled over the past 15 years before that.

so monetary policy and high government spending has put a lot of money chasing to few goods. milton friedman sent inflation is always an everywhere. a monetary problem, right? it's caused by things like expanding the money supply and expanding government spending. we had a 4 trillion dollar deficit last time. yeah, it's coming down maybe, but it's still a very large percentage of our g d p. so all of that spending combined with other government policies like our energy policies are absolutely devastating to farmers, consumers, all kinds of business. people to the extent were driving up the cost of basic goods that we need, like diesel fuel and gasoline or were driving the cost of natural gas. it is

practically tripled from where it was and keep in mind, natural gas is, is not just used for eating, but it's also a feedstock that's being, that's used for fertilizer manufacturing. so we saw, you know, a huge spike in fertilizer costs last spring. some of that is excited now, but we're past the past, the primary window for wiser applications. and so it's just demand driven demand, stalling for, for wiser. because we're, we're not, we're, we're, we're in the midst of the growing season. and as you're fertilizer is not down, it's probably not going down. and, and so i honestly, government is a big part of the problem and it's caused by bad government policies. and to the extent that government can do last less interference and allowed the dispute wisdom of the marketplace to do its magic. that spontaneous order that arises from

individuals making choices that are designed to maximize their well beam. that will produce a lot more goods and services in the marketplace, and it will produce some faster, cheaper, and better compared with a lot of government interference. you know, in some of these policies are, are just absolutely destructive, especially the binding ministrations, policies about fossil fuels and petroleum prop products. but it spills over into other areas. emphasis on things like s g policies, or pressuring banks about lending to petroleum producers. either those things are all examples of interference, that is,

that is destructive and harmful to consumers and consumers ought to be aware of this because they, they might seem so might something they want to sports. but the downstream effects are going to be detrimental. in india, the people came together to protest this green revolution loss put in place during corona virus and now have become self reliant. will these benefits america to become more self sufficient in the food they produce and provide for the country? i think there are a lot of benefits toward trade, india, one of their responses to the warranty, your brains and shut off exports. argentina has done that because they're large in the past, they've done that because their large beef consumers, their per capita bees, bees consumption is way higher than any other country. and so the prices get hard to get high as a political matter. they shut off exports in order to satisfy the domestic man more

cheaply. i think that's a very cost way way to go about a rational good. you're interfering, you're interfering with that price signal. that's very important. learn, we're your foot cars from the har work put into prod those, the foot on your own table. i'm by local when you can for the 360 view, i'm books and assume that to when did it become wrong for a country to be economically independent. and why would it be the agenda of an administration to make policies and decisions which weekend to their economy and the ability for the people to be self reliant. it should never be the purpose of any government to create economy which enslaves the people to the government. and yet a modern day society, it seems to be the goal as welfare and entitlements are at their peak. a countries, a welfare system should act as a temporary safety net. not a permanent hammick. and working hard and seeing the results of your work not only

brings a sense of accomplishment, the sense of pride. when you are invested in something, you're more likely to take care of it because it is something you know was not just given to you. you've worked for it, and therefore you will work hard to not lose it. every country should try to promote a feeling of economic nationalism at the very least, with the hopes of becoming self sustainable. and for those goods which are not feasible or don't make sense to produce, then relationships should be formed which are mutually beneficial. no country just like no man should ever strive to be overly reliant on another for that is also a relinquishing of power. and no power for a country will always result in no peace for her people. thank you for joining me on our, our series on nationalism until next time. i know you like you 360 for huh.

ah, ah, i think that will. so now justin russia more and more as a partner. and as a brief power, dispensable, know that image of a power, that you color, challenge with only one main thing is important for naziism, internationally speaking to that is that nations that's allowed to do anything, all the mazda races, and then you have the minor nations who are the slaves americans, proc obama and others have had a concept of american exceptionalism. international law exist as

long as it serves the american interest. if it doesn't, it doesn't exist by turning those russians into this. danger is bullying man that wants to take over the world. that was a culture strategy. so some golf out of it, on your own, i not leashed off to exhibit in tablet block. nato said it's ours. we moved east. the reason us, hey jim, it is so dangerous, is it? the law is the sovereignty of all the countries. the exceptionalism that american uses and its international war planning is one of the greatest threats to the populations of different nations. if nato disbanded shareholders in united states and elsewhere in lodge obs companies would lose millions and millions or is business and businesses good. and that is the reality of what we're facing,

which is fashion. and i've actually found safety in the braces. naziism is a jew, all of a sudden you're placing a position where i can defend myself. now, i don't know to be afraid anymore. on one hand, i'm terrified that they're going to find that i'm jewish, but on the other, i think it's so far away. i distinctly remember my mom sitting me down one night and are saying, john, they're going to hurt you. one guy hunch me behind my ear or somebody so now the rest of the punches are started flying and somebody shouted out, died, you boy die. and at that point, i knew i remember, had an indian doctor. they came in and looked and said, there's no medical reason why your, you should be alive. you to find something to believe. john story is a story of ho story, victory and whatever i can do to help him. i would kill a

headlines of this, our western mainstream media outlets that long she made with duty. and i saw a now, but they call on washington's, with the fact that there was always zeroed coven policy saying social media uses with quote, i'll carry a motive. i've been just still, in fact, to full length public unrest. and there are high hopes the pete in the demo, but i think the, i guess close, i like kenya, host the new round of told.