"The most expensive kind of money is free money."
President Trump has promised $5,000 stimulus checks and $2 gas for Americans if Republicans win the midterms. Jaspreet Singh breaks down the math behind that promise, showing that tariff revenue, the funding source Trump has pointed to, brings in about $200 billion a year, nowhere near the $1.25 trillion the checks would actually cost, and walks through the two earlier versions of this same promise that were floated in 2025 and never sent.
He explains why sending out that money would mean adding to the $40 trillion national debt and printing more currency through the Federal Reserve, and why that collides directly with the Fed's current fight against inflation. He also connects the recent spike in oil prices from the conflict with Iran to rising gas, grocery, and shipping costs, and shows how the government is quietly becoming a direct investor in rare earth and semiconductor companies as it rebuilds supply chains cut off from China.
In this episode, you'll learn:
- Why a $5,000 stimulus check for every American would cost about $1.25 trillion, while tariffs only bring in roughly $200 billion a year
- How this is the third stimulus promise from the Trump administration, after a $5,000 DOGE dividend proposed in February 2025 and a $2,000 tariff dividend proposed in November 2025, neither of which was ever sent
- Why funding the checks would require more government borrowing and money printing, adding to a national debt already at $40 trillion
- Why the Federal Reserve is stuck choosing between raising interest rates to fight inflation or cutting them to stimulate a slowing job market, and why it can't do both
- How the attack on Iran disrupted oil supply through the Strait of Hormuz, pushing oil back above $100 a barrel and raising gas, diesel, and grocery prices
- Why printing money creates more dollars without creating more wealth, a concept Jaspreet calls debasement
- How the U.S. government is becoming a direct investor in rare earth and semiconductor companies after discovering how reliant American missiles and manufacturing are on Chinese supply chains
- Why the 1970s oil shock is a useful historical comparison, since the real economic pain showed up months after prices first spiked, not immediately
Keywords: stimulus check, tariff revenue, national debt, inflation, Federal Reserve interest rates, oil prices, Strait of Hormuz, rare earth metals, money printing, debasement
Register for my investing Workshop & get Market Briefs as a bonus: Below are my recommended tools! Please note: Yes, these are our sponsors & advertisers. However, these are companies that I trust and use (or have used). The compensation doesn't affect my recommendations or advice. That being said, you should always do your own research & never blindly listen to a random guy on YouTube (or podcast). ---------- ➤ Invest In Stocks Passively 1) M1 Finance - Buy stocks & ETFs automatically: https://theminoritymindset.com/m1 ---------- ➤ Life Insurance 2) Policygenius - Get a free life insurance quote: https://theminoritymindset.com/policygenius ---------- ➤ Real Estate Investing Online 3) Fundrise - Invest in real estate with as little as $10! https://theminoritymindset.com/fundrise ----------
Mais episódios de "The Minority Mindset Show"
Não percas um episódio de “The Minority Mindset Show” e subscrevê-lo na aplicação GetPodcast.
