Glenn Beck: Federal Reserve Has Devalued Dollar So Much That It's "Just Trust Us" Money

|

Nationally syndicated radio talk show host and found of The Blaze network Glenn Beck appeared on CNN last night to talk about the stock market and Donald Trump.

"Anybody who believes that that this stock market is built on anything real really needs to -- really needs some time off, away in a nice sanitarium or something because it's not real," Beck said Monday night.

Beck says the Federal Reserve has devalued the dollar so much that it's now "just trust us" money.

"We have printed money and printed money and printed money and made money so cheap that none of it is really based in anything anymore," Beck said.

"The Federal Reserve has printed so much money at this point that it is truly 'just trust us' no," Beck told CNN's Don Lemon. "Really, it's good. And I don't mean to be crude. But the American dollar is just the floatiest piece of poop in the toilet bowl right now."

"It's all poop, it all needs to be flushed down," Beck added. "We just happen to be one at the top. Everything is bad. That's the only reason why the dollar looks decent at all. And at some point, the world reserve currency will not be the dollar. And it's a not going to be good."

DON LEMON, CNN: Before we get to, of course, Donald Trump, I have got to ask you about the news of the day, which is the stock market. Down just under 600 points at close. But what a wild day. It was down a thousand points at one point.

GLENN BECK: That was almost 1100 points. I watched it open this morning for the first 10 minutes and it went down almost 1100 points. Largest drop in American history and significant. And I think we're at the beginning of turmoil. Anybody who believes that this is -- that this stock market is built on anything real really needs to -- that really needs some time off, away in a nice sanitarium or something because it's not real.

LEMON: What do you mean by that?

BECK: We have printed money and printed money and printed money and made money so cheap that none of it is really based in anything anymore. I mean, really. What is this stock market reflective of? What is our -- what is the good faith and credit of the American dollar reflective of? Nothing at this point.

The Federal Reserve has printed so much money at this point that it is truly "just trust us" no. Really, it's good. And I don't mean to be crude. But the American dollar is just the floatiest piece of poop in the toilet bowl right now.

It's all poop, it all needs to be flushed down. We just happen to be one at the top. Everything is bad. That's the only reason why the dollar looks decent at all. And at some point, the world reserve currency will not be the dollar. And it's a not going to be good.

Comment
Show commentsHide Comments

Latest Political Videos

Video Archives