Iran, Ukraine, Israel, a primary shock in California — the map looked like it was burning everywhere at once. Barbara and Susan stop counting the fires and name the arsonist: one imperial machine, and a president who won't take the bait.
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For decades America managed decline. Now a new spirit is emerging—one focused on solving problems, rebuilding communities, and reviving the principles that built the nation.
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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For decades America managed decline. Now a new spirit is emerging—one focused on solving problems, rebuilding communities, and reviving the principles that built the nation.
The leaked Trump-Netanyahu call and John Bolton's complaints are proof Trump has broken the intel bureaucracy's grip on the presidency.
The Senate's blocking of Trump's agenda is driven by donor networks—centered on Oracle's Larry Ellison and his ties to Tony Blair, whose Institute spent years building the case for an Iran regime-change war.
A sweeping look at tariffs, rare earth minerals, manufacturing, national sovereignty, and the growing clash between globalization and what Mike calls “Fortress America.”
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