QE infinity? Marc Faber predicts Fed could print $1 trillion a month

During an appearance on CNBC yesterday, Marc Faber said investors are asking the wrong question about when the Federal Reserve will taper its massive bond-buying program (QE). Instead, investors should be asking when the central bank will be increasing the program. Faber, the publisher of The Gloom, Boom & Doom Report, has been predicting “QE infinity” for quite some time now.

“I want to play a piece of audio from Mark Faber. He was on CNBC. He is a financial analyst. And he's not known for being, you know, Mr. Sunshine,” Glenn said on radio this morning. “But I will tell you this: I think this is accurate. Listen to what he said on CNBC.”

Glenn was quick to point out that the program Faber is talking about is quantitative easing or QE, and, because the media seldom talks about it, very few Americans actually know what the term means.

“He is talking about the Fed and quantitative easing. And if you don't know what quantitative easing means, you are not alone. Most people don't know what it means because the media has never really explained it in clear terms because once they explain it in clear terms, and Americans really find out what it is, then the whole thing falls apart,” Glenn said. “But you have to be ahead of the curve because first comes quantitative easing, then comes hyperinflation. When you hear the words, re-hypothecation, hyperinflation will follow, and that is the end of the dollar. So he's talking about quantitative easing. Quantitative easing is just fancy progressive bull crap talk for printing money – something that the Fed said, under oath, they would never do. And so they didn't. They digitized money.”

Instead of printing money each month, the Fed currently digitizes $85 billion a month by purchasing bonds. As Faber explained, this number can really only go up from here because "every government program that is introduced under urgency and as a temporary measure is always permanent."

FABER: The Feds have boxed themselves into a position where there's no exit strategy. The question is not tapering. The question is: At what point will they increase the asset purchases to say $150 [billion], $200 [billion], a trillion dollars a month. That is the question.

With no exit strategy in sight, Glenn offered his thoughts on what to would do if we were really serious “about not having the United States of America drown.”

“If you wanted it to survive, you would say, look, gang, we have to stop on some of these spending things. But it’s so much deeper than that now. We are in deep, deep trouble,” Glenn said. “And I know this is unpopular, but the first thing that I'm going to do, I'm putting up all of the land for sale. All of the land of the United States government owns.”

In Glenn’s plan, the sale would first be open to U.S. citizens only. But the plan is not without its flaws. Selling the land a national park or monument occupies would cause major tension within the states.

“The first squabble will be, the states will say, wait a minute. You can't do that. You took the land from us in the first place. That land belongs to me,” Glenn said. “So there would be all kinds of legal squabbles. But you put that land up for sale and maybe you put that land up for sale first so everybody in the state. And then you give the states a piece of it. But that's the first thing that you do.”

The next step toward righting the economy would involve looking at how much money the U.S. holds in shale and then sell the land the shale sits on to the highest bidder in the private sector.

“The second thing that you do, you get somebody out there to estimate how much money do we have in shale,” Glenn said. “You find a survey on how much is estimated underneath that [land], and you sell it. You can pay off the national debt.”

It is estimated that if you add up the value of the land and assets of the U.S. government, it would be worth somewhere in the $150 trillion range. While there is not even that much currency currently in circulation, the U.S. only needs $17 trillion to pay off its debt.

“If you could take $5 trillion off the national debt, you would send a message to the world. We were serious. And that would stabilize our country,” Glenn said. “That's the kind of thinking that we need. We need not somebody who is going to go in there and say, ‘We're going to reduce by two percent.’ No. We need $10 trillion off the debt. And we need it off this debt right now.”

“It's time for an adult to step into the room and say, guys we're doing this… Every single father in the history of the world has had to look at his family at some point and say, ‘Kids, we are moving. I'm sorry, dad lost his job. Mom has had a hard time. Enough is enough. We're selling the house because we have no choice. It will be okay,’” he continued. “That's who I am looking for. Anybody know that person? You let me know because that's who I'm going to back. If somebody has the courage, the conviction and an actual solution – not a nibbling around the edges… Big ideas. Big solutions.”

There are new curriculum standards being implemented into schools throughout the nation for health classes that not only go far beyond what's appropriate for young children, but are entrenched in clear political biases, too. Under the standards, third-graders are taught about hormone blockers and endless gender identities, and topics get shockingly graphic for kids as young as 11. Some schools are even teaching their teachers and kids to ignore what parents have to say about these topics. And the worst part may be that many parents are completely unaware what their children are being taught.

Tina Descovich, co-founder of Moms for Liberty, joined "The Glenn Beck Program" to explain exactly what you can ask at your next school board meeting to ensure this "horrifying" curriculum isn't being taught in your kid's school.

Watch the video clip below:

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It should come as no surprise that a newsworthy story receives more media coverage when released on a Monday than a Friday. The reason is in part due to a large number of news-consuming Americans checking out for the week to focus on their weekend plans rather than the news.

On Monday's radio program, Glenn Beck shared information that President Joe Biden decided to release on Friday — when fewer people would notice — regarding the Climate Finance report. This report is marketed to Americans as "A Roadmap To Build a Climate-Resilient Economy." But Glenn believes the report to be Biden's Great Reset warning shot to banks.

In this clip, Glenn warned that if Americans don't stand together, in eight years we all indeed will own nothing. Watch the clip for the full story. Can't watch? Download the podcast here.



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On today's radio program, Glenn Beck was joined by Bill O'Reilly to discuss the top stories of the week.

For O'Reilly, the biggest story this week centered around someone mysteriously missing from mainstream media news reports today: Mark Zuckerberg. Specifically, O'Reilly said it's the 'scandalous' way the Facebook CEO spent nearly $420 million to influence the 2020 election — and did so successfully.

Watch the clip to hear the full conversation. Can't watch? Download the podcast here.

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On Thursday's radio program, Grace Smith and her father, Andy, joined Glenn Beck on the phone and provided a first-hand account of Grace's refusal to wear a mask at school.

Smith, 16, began a maskless protest after her school district in Laramie, Wyoming, decided to implement a mask mandate. As a result, Grace received three suspensions, was issued two $500-citations, and was eventually arrested.

"How long were you in jail?" Glenn asked.

Grace said was taken to jail but was never booked nor was she was placed in a jail cell.

Glenn commended Grace's father, Andy, for raising such a "great citizen" and asked if it was Grace's idea to protest. Andy said it was Grace's idea, explaining that they took the position of arguing on the grounds of civil rights rather than the efficacy of wearing a mask.

Grace has since withdrawn from public school and started a home school program. She also told Glenn that she will continue to fight the school district, legally.

You can donate to Grace's legal fund here.

To hear more from this conversation click here.

Disclaimer: The content of this clip does not provide medical advice. Please seek the advice of local health officials for any COVID-19 and/or COVID vaccine related questions & concerns.

Want more from Glenn Beck?

To enjoy more of Glenn's masterful storytelling, thought-provoking analysis and uncanny ability to make sense of the chaos, subscribe to BlazeTV — the largest multi-platform network of voices who love America, defend the Constitution, and live the American dream.