Okay, everybody. Here we go. It’s me, Gregory Mannarino, Thursday, January 30th, 2025 Pre-Market Report. Let’s start off with this. European Central Bank interest rates now lowered to a near two-year low. Let me read this to you. In an effort to boost the economy, the European Central Bank on Thursday cut interest rates by a quarter point. The European Central deposit rate was cut to 275 from 3%, the lowest in nearly two years. Okay, blah, blah, blah. What’s missing here? What is missing from this? Well, it’s pretty obvious to me, and it should be to you. Whenever a central bank cuts rates, it means a loss of currency purchasing power.

People in economics and finance, if you’re new here, you might want to write this down. There are two, and only two fundamental truths. These are, number one, to have a strong economy, you need a strong currency. Number two, to have a strong currency, you need a corresponding rate of interest high enough to support the currency. These are universal fundamental truths. Period. So when a central bank here lowers rates, or when a politician says, we’re going to lower rates, although they don’t have the power to do that, they can work with the central bank to make it happen.

That means you lose. The purchasing power gets destroyed. There’s no other way to put it here. It’s pretty obvious. This mechanism, in my opinion, is going to continue as rates are lowered to zero, or possibly even negative. I would say negative rates are a near lock right now. Look what they’re saying here. Look how this is being sold to you in an effort to boost the economy. The world economy is in free fall. What do we have right now? Nearly historic rates across the board. Historically low rates across the board. So let’s see, let’s do more of the same thing and expect a different outcome.

I mean, you’ve really got to be kidding here. Now, a couple of other things are going on here, and I want to explain this to you real quick. This is a good thing, that this is actually coming to life, but there is a magnificent or a MAGA-wist to what I’m going to show you. So on the back of the Fed yesterday, not lowering rates, President Trump went on a tirade against the Federal Reserve. It’s epic. And you and I nailed it to the wall. We knew this would happen again. This is a game. It’s not real.

So first of all, you don’t need lower rates. You don’t want lower rates. We want higher rates. Why? Again, as I just told you, going back to the fundamental truths in economics and finances, to have a strong currency, you need a corresponding rate of interest high enough to support it. We really don’t want this fiat monetary system. Are we on the same page? We want to go back to a constitutional money system, which we’re not going to get. So with that, President Trump did accuse the Fed of failing to stop inflation. They created inflation. During the campaign, this was not the fault of the Fed.

Remember, it was Biden’s fault. So finally, the truth is coming out, and I commend the man. Let’s really honestly give credit where credit is due. He’s admitting that it’s the Federal Reserve who’s responsible for monetary policy. You understand? The truth always comes out. You can’t hide from it. You can duck. You can try to tuck it away some way, but you can’t do it. Trump goes on to say this. Fed failed to beat inflation, and I will do it. What is Trump’s solution here? Lower rates. He’s demanding lower rates. Now, because you’re smart and you already know what the two fundamental truths of economics and finance are, how is lower rates going to fix the inflationary situation? Is it going to boost the economy? Really? Again, we already have historic rates, low rates here around the world.

Economies in free fall around the world. Lower rates is an economic and middle-class wrecking ball. That’s what it is. If we had higher rates here, first of all, people around the world would want to hold dollars. Let’s just say any currency here that’s stronger. You don’t want to even hold dollars, and most of you here are American citizens. You don’t want to hold these things. They’re garbage. They’re being systematically destroyed. They’re being wiped out. This is a joke. Again, I have to say this. There is no way that President Trump does not understand the two fundamental truths of economics and finance that I told you.

To have a strong economy, you need a strong currency. To have a strong currency, you need a corresponding rate of interest high enough to support the purchasing power of the currency. There’s no way he doesn’t understand that, but he thinks you don’t understand that. This is a game that politicians play. He cannot tell you, again, when he’s out here demanding and having his tie read about the Fed not cutting rates yesterday. He can’t tell you that that means you will lose purchasing power. You have to work harder and longer to buy everything here. You understand? Politicians pray on you believing that you’re stupid.

We’re not stupid. We’re watching a systematic takedown of global rates here in an effort to prop up the economy. They can’t save it right now. It’s being systematically destroyed. This is deliberate. World leaders working with their central banks. Now, this is a game that you and I called what happened. We were going to see a back and forth fight between President Trump and the Federal Reserve. Every central bank wants the lower rates here. This pause by the Fed yesterday was a setup. Everyone knew it was going to more than likely be a pause anyway. And this rate cut by the European central bank, this was widely expected anyway.

It’s a token 25 basis points. Whatever. But that means, again, the person, however, the currency is going to be destroyed. My European friends, my heart goes out to you and we’re in the same boat everywhere. Now, the setup here was too easy to call and you and I nailed it to the wall. So yesterday when Trump went on his crusade here to call out the Fed for not lowering rates, I put this out to you. This is in your inbox. I want to read this to you and I want to give a shout out to President Trump because he actually is doing a pretty good job in certain aspects of things.

So I wrote Lions. Trump assails Powell for not cutting rates exactly as we expected. It’s a game. This is nothing but a game to get people who don’t understand what’s actually happening to believe it’s real. Again, you’re going to hear a lot of MAGA people who don’t understand finance. They don’t understand economics. They say, hold on a minute. The Federal Reserve should be lowering rates because Trump said so. Meanwhile, they don’t understand that that means they will lose purchasing power. You understand? Anyway, first, let’s give credit where credit is due. President Trump has honestly done a fantastic job with securing the borders among other things thus far.

Keep that in mind because I got to discuss something with you. But really, Trump is the easiest man on earth to predict what he will do. It’s not even a challenge. Moreover, this was already set up, this battle between the Fed and Trump. We called it months and months ago prior to this election. Moreover, all this is already set up. Today’s pause by the Fed was to put on a show for those who have zero understanding of what is really going on and why. A 100% fake and staged event. And we all knew it was coming.

That’s how we knew it would be faked and staged. I mean, come on, guys. We have their playbook. All the world is staged and I put up a few headlines. Trump goes after Powell. President Trump dishing out heat to the Federal Reserve. Jerome Powell. Because not lowering rates. Fox Business here. Trump blasts the Fed for not cutting rates. Like we didn’t see this coming. I mean, Trump attacks the Fed for no change in interest rates. Again, they got to sell this to you. Politicians got to package things up in such a way to prey on people that are weak.

Weak minds. They don’t understand what’s happening. They rely on another entity to tell them. In other words, they have to be dictated to, to tell them what has to and what is not going to happen here. When any world leader, in this case we’re talking about Le Gargoyle or President Trump here, you know, is calling for lower rates, saying we’re going to raise lower rates moving forward. It means you lose. I can’t describe this under the weight to you. I did a whole paper on the fallout of lower rates, what that actually means for the economy.

You have to borrow more devalued dollars and pay them back with even more. Whatever loan you take out, pay back those loans with even more devalued dollars. It just makes your life harder and it’s an economic wrecking ball. If we had a real leader, which we do not, anywhere in the world, they would be number one. We’d be going back to a constitutional money system, which we’re not doing. But they’d be screaming from rooftops that we need to raise rates. Think about, again, just 25, 30 years ago when rates were monumentally higher than they are now.

It only took one income to support a family. People could buy a single detached house and have a brand new car, all that great stuff. On the back of higher rates, not lower rates, lower rates is an economic wrecking ball. It’s a mechanism of destruction for the currency. Are we on the same page? I would imagine that we are. All right. So anyway, it’s astonishing and not really how we’re able to call things. Months before the selection, what did we say? If Trump was selected, he would call for lower rates. We got that. We also said we would see a battle get set up, a fake stage between the Federal Reserve and President Trump, to get those who have no idea of how finance and economics work, those people who have no conception whatsoever that there are only two fundamental truths, just two.

Go ask your economic professors or your finance professors, those of you that think maybe I’m making this stuff. To have a strong economy, you need a strong currency. Does that sound right to you? Of course it does, because it is. To have a strong currency, this is not real money, of course, you need a corresponding rate of interest high enough to support the person with the power of the currency. So, come on, it’s a no-brainer. And Trump is saying he’s going to fix inflation. How? How? How’s he going to do that? Okay. He has no power to do that.

Monetary policy is run by central banks, and we have an admission here. Let’s give him credit for this, that it is, in fact, the Federal Reserve, and it wasn’t Biden who was it. I mean, come on, we knew this was a game. They were blaming each other. I mean, come on, man. Anyway, look, I want to bring up one more thing to you. One more thing to you. I know that a lot of people, and I got some comments on this this morning, are happy about this. So, Trump is going to apparently be sending 30,000 migrants to Guantanamo Bay.

Does this sound good to you? Does it sound good to you? Do you really realize what’s going on here? All right, let me tell you. Trump says he will send migrants to Guantanamo Bay. Let me just read this to you. As of 2022, the United States was spending more than $540 million per year to detain the prisoners that were there at that time. And at that time, there were only 40 prisoners there. 540, 540, can you see that? Million for 40 prisoners. Now Trump is talking about sending 30,000 migrants, and we have to support them.

I think this is really going back on what he said he was going to do. Let’s get these illegal people out of here. You know, we need secure borders. Absolutely. We need to secure our nation, period, the end. I mean, there’s no argument here. It’s just a no-brainer. But this means that you and I are going to be forced to pay to keep these people housed there. Is that what you want? Or do you want Trump to stick to his original planning, export these people back to where they came from? Yeah, sounds about right to you.

So if you do not want to spend, it would probably be in the trillions. Again, 540 million to support 40 people. Now 30,000 do the math, people. So what I would suggest doing is tell Trump, you don’t like this idea. Stick to your original plan, sir. It’s not so hard. Anyway, people, look, we’re being hoodwinked. We’re being bamboozled and everything else you want to think about here. It’s pretty obvious. And I’m going to say this, the trajectory for what is going on now tells me, and should tell you, we’re going to be sold another epic lie.

To boost the economy, to increase economic growth, we need to kill the purchasing power of the currency. Oh, they’re not going to tell you that that’s what needs to happen. Again, you lower rates, it destroys the purchasing power of the currency. Does this make sense to you in any way, shape, or form? Yeah, you get it, right? So when you hear, Le Gargoyle, Crump, whatever it might be telling you, oh, we’re going to lower rates. Really? Oh, fantastic. We already have historically low rates. The world economy is crating off the wall. The freaking middle class is getting systematically eradicated as the 1% and 2% is loving this.

It’s called the Cantilon Effect. Look it up for yourself. Greg’s not making that one up either. Guys and girls, I know I’m getting through to you, but I want you to start holding your leaders accountable. If you live in the Eurozone with this gargoyle creature over there, tell it, what are you doing? We’re not that stupid. Why are you lowering rates in an environment where we’re already getting destroyed with the economy in freefall? Oh, but that’s just going to boost the economy, really? By wiping out the purchasing power of the currency, you know, Trump? Same thing, tell him we don’t want this.

This is not what we need to do here. It’s interesting what you’re going to see. Watch, mark my words on this. You’re going to see certain YouTubers out here saying, look, Trump is calling out the Fed. Oh, that means it’s going away. No, he’s trying to make the Fed stronger. When a world leader calls for a central bank to cut rates, it allows them to inflate. When a central bank inflates, what does it do? Does it make them weaker when they get to issue their product to the world? No, it makes them monumentally stronger. You know that because you’re smart.

You know that because you follow this blog. Hold these people out. Hold them to account. These YouTubers, YouTubers that are going to sell you that story, call them out too. Call them out too when I’m personally calling every single one of them out because they have no idea what they’re talking about. They’re selling you a lie just like the mainstream media is. Just make sense to you. People know the truth when they hear it. You know, my old friend Greg Hunter over there. It’s incredible. And if you are not for this and having to fund this, again, $540 million per year.

You paid for it, okay? This is in 2022. I think there’s only 15 prisoners left there. You can do the research on your own. But in 2022, this is the numbers. It’s $540 million to support 40 prisoners. Now we’re going to send 30,000. Who’s going to pay for that? Where does that cash come from? Oh, that’s right. It’ll come right out of the federal reserve. We have to borrow it into existence. Yes. And that’s obviously currency, purchasing power, negative. Do you see the game here? Do you have any faith in a world leader anymore or is it all just gone right now? They’re lying to you.

And the more lies they tell to you, the more lies they think you’re going to believe. But not you. Not you. Not you on this lovely morning here because you’re way too smart for that. We know the games that they’re playing here and it is frankly diabolic. I don’t know the way to put it. Love all of you from the heart. I want to hear from you on these things. What would you get out of this? Is it interesting? It’s almost like we’re the puppet masters. We know what these puppets are going to do. The fake battle between Trump and the Fed.

How this is being set up right now. The him calling for lower rates here. Let me tell you what this is here. This mechanism here is going to allow the Federal Reserve to inflate even further because we don’t have the cash. Let’s keep the migrants here. Let’s pay for their meals and their exercise and their parties or whatever they do over there. Let’s pay for all that. Instead of doing what Trump originally said was getting these people out of here. I’m all for that. Whatever. I think Trump should be sticking to his original plan. I don’t want to support these people.

Do you? It’s a no-brainer, man. Love you all from the heart. I will see you later. 4 or 5 p.m. Eastern for the live stream. If you got something out of this video, if I have earned your thumbs up, I would appreciate it. That’s all. I’ll see you later. [tr:trw].

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