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.”

Hunter's Biden's latest BIZARRE scandal reveals how red-flag laws REALLY work

Photo by Demetrius Freeman/The Washington Post via Getty Images

Even if red-flag laws weren't unconstitutional (which they are), they've never been about your safety. They're about your submission, argued Glenn Beck on the radio program. Think of it this way: If red flag laws became the law of the land, do you think President Joe Biden’s son Hunter would lose his guns or face charges for violating the gun laws we already have?

You may have heard that he once "lost" a gun in a dumpster by a school. But there's a whole lot more to the bizarre tale. Newly revealed texts from Hunter's abandoned laptop detail the strange drama that unfolded when Hallie Biden, Hunter's sister-in-law-turned-lover, threw his handgun into a dumpster near a Delaware school in October 2018. The gun was found and turned in to police, but like so many of the Biden family scandals, the chaos created a sandstorm that conveniently helped cover Hunter's tracks. Only tidbits of information have emerged, the most significant of which is that the gun in question was purchased by Hunter illegally and, of course, no charges were filed as a result.

Glenn broke down the details of the most recently revealed Hunter Biden scandal, noting in particular that no charges or arrests were ever made as a result.

"If you voted for Joe Biden and you believe in all of these red-flag laws, then why isn't Hunter Biden in jail today?" Glenn asked.

"You and I both know that the ramifications of Hunter Biden's activities and his tragic saga go well beyond Hunter Biden, because they are teaching people a lesson. We are moving towards a society that has a ruling class that lives above their own edicts. They tell us they know better. They tell us that our neighbors and even some of us are dangerous, while ignoring the dangers in their own lives or in their own families ... We saw it during COVID-19 and we will see it again with gun regulations, 'The rules are for thee and not for me.' This is why Americans cannot give an inch, not one inch of our liberty away on the grounds of the government's good faith. They have no good faith left. They have violated every single principle of liberty and they've done it in a name of they know better," he said.

"Don't be fooled," Glenn added. "Just as we saw during COVID-19, just as we saw with the Patriot Act that is now being horribly abused by the people in power that swore they'd never abuse it, red-flags are not about your safety. Period. They are about your submission."

Watch the video clip below to catch the conversation. Can't watch? Download the podcast here.

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Thanks to a recent report from the Federalist, we now know of an ‘insidious’ White House plan to significantly alter commercial sales of ammunition. Not only would this plot skyrocket the price of ammunition for everyday consumers, but it could create a national security risk by limiting one factory’s ability to produce for the military under war-time demand as well.

Larry Keane, from the National Shooting Sports Foundation, joined "The Glenn Beck Program" to detail this White House move, and he explained how he knows the government is lying about it, too.

Watch the video clip below to catch the conversation. Can't watch? Download the podcast here.

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2021 was a turning point for public education in America. Remote learning revealed to parents what public schools were force-feeding their kids — everything from critical race theory to the existence of infinite genders — while performance in subjects like math and reading fell across the board.

Now, school boards and teachers' unions are facing a tidal wave of parents who want to take the reins back. But school wasn’t always like this. Glenn Beck takes us back to a time before the Department of Education and asks the question: “Are our schools getting better or worse?”

American Federation for Children senior fellow Corey DeAngelis joins to expose who’s actually benefitting from our public school system — and it’s not our kids. And former Secretary of Education under President Trump Betsy DeVos explains why it’s time to abolish the department she once headed, what stopped her from doing so, and how parents can make a big difference.

Watch the full episode of "Glenn TV" below:


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The Associated Press has issued a dire warning for abortion providers ahead of the Supreme Court's decision on Roe v. Wade.

According to an article titled "'Heightened alert’: Abortion providers brace for ruling," abortion clinics nationwide are expecting an increase in "protests, harassment, and other violence ... in states where abortion remains legal" if Roe v. Wade is overturned — as a draft opinion leaked in May suggested is likely to happen.

"On the night of last winter’s arguments before the U.S. Supreme Court in a case that could end the nationwide right to abortion, people gathered outside a clinic in New Jersey with lawn chairs, a cooler and a flaming torch — a sight that brought to mind lynchings and other horrors of the country’s racist past," the AP article began.

The article did go on to cite two incidents of extreme anti-abortion violence — "the 1993 killing of Dr. David Gunn outside a Florida abortion clinic [and] the 2015 fatal shooting of three people inside a Colorado Planned Parenthood." But there was almost no mention of the ongoing attacks on pregnancy crisis centers by pro-choice activists, including the violent group that calls itself "Jane’s Revenge."

On the radio program, Glenn Beck noted that the closest the current administration has come to calling out Jane’s Revenge was when the Department of Homeland Security published a terror advisory warning of crime on both sides of the Roe v. Wade debate earlier this month. But when was the last time you heard about violent attacks on pro-life centers in the corporate media? There have been several instances of violence by pro-choice proponents, and the Biden administration remains silent.

Watch the video below to hear more from Glenn Beck. Can't watch? Download the podcast here.

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