Barbara Boyd on Judy Shelton's MSNBC challenge to Fed Keynesianism, Kevin Warsh's "regime change," the 1944 Keynes-vs-White Bretton Woods fight, and how Trump's executive-branch credit channels and Rubio's India trip point to a Core Five alignment that bypasses the City of London.
Here's why Trump's suggestion that Iran could join the Abraham Accords reflects a foreign policy of real physical economics — and why the CFR's new "Future of American Strategy" project is a tacit admission that the British-led liberal international order is finished.
Trump got Xi's "secret garden" tour, Bessent cornered the City of London, and the Senate revolted in his favor. Across this week's shows, one frame keeps surfacing: the American System is back, and the empire is out of moves.
Barbara Boyd on Judy Shelton's MSNBC challenge to Fed Keynesianism, Kevin Warsh's "regime change," the 1944 Keynes-vs-White Bretton Woods fight, and how Trump's executive-branch credit channels and Rubio's India trip point to a Core Five alignment that bypasses the City of London.
Judy Shelton argues that productive growth and rising wages are not inflationary, challenging the Federal Reserve's Keynesian framework and calling for a New Bretton Woods of low rates, stable exchange rates, and credit aimed at physical productivity. The episode frames her remarks alongside Kevin Warsh's “regime change” at a Fed seen as crushing demand while backstopping Wall Street, with warnings that a rate hike amid an Iran-war “oil shock” would worsen a supply problem. It revisits the 1944 Bretton Woods fight between Roosevelt's Harry Dexter White and John Maynard Keynes, claiming the post-1971 system enabled deindustrialization and offshore finance. It then highlights the administration's alternative executive-branch credit channels and Secretary Rubio's India trip, including Quad critical minerals coordination, as part of a “Core Five” alignment (U.S., China, Russia, India, Japan) designed to bypass London-centered finance.
Watch Will Wertz's Class, Why We Need a New Bretton Woods System
00:00 The Midweek Update - Trump's New Bretton Woods: The Fed Fight Nobody's Talking About - May 27, 2026
03:15 The Fight at the Fed: Shelton and Navarro Come Out Swinging
05:43 Keynes vs. Roosevelt: The Original Fight at Bretton Woods
09:05 The Credit System Inside the Executive
10:16 Rubio in India and the Core Five
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Here's why Trump's suggestion that Iran could join the Abraham Accords reflects a foreign policy of real physical economics — and why the CFR's new "Future of American Strategy" project is a tacit admission that the British-led liberal international order is finished.
As globalization collapses, America faces a deeper crisis of culture, identity, and purpose. Mike explores Poe’s “Descent into the Maelstrom,” the rebuilding of American industry, the conflict with Iran, and the spiritual foundations needed to revive the nation.
Barbara Boyd argues Tulsi Gabbard's resignation as DNI was driven by a family medical crisis — not Iran-policy disputes. The episode also covers the Senate revolt against Trump's Anti-weaponization Fund and Kevin Warsh's "regime change" plan at the Fed.
A political realignment is underway. This episode explores Trump’s long term strategy to rebuild American industry, expand the coalition, and reshape the cultural future of the nation.
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