Money and Change

[00:00:00] Speaker A: Head and pee. You ready? Seems like everybody's out of pride. I wonder how they sleep at night when the sale comes first and the truth comes second just stop for a minute and smile. Why is everybody so serious? Acting so damn mysterious? Got shades on your eyes and your heels. [00:00:41] Speaker B: Good evening everyone, and welcome to the Trim radio network and money and change with Stu Shear. Anyway, we broadcast live all over the world. You come on over to the Trim radio network. We have some great merchandise. We'd love to see you own it and have it and wear it. You know what, and it helps us stay on the radio. And if you ever want to be a part of our Trim radio network team, all you have to do is message us and we'll tell you how easy it is. We love new ideas and we have plenty of information and room available to get you along so that you can be a part of us. Anyway, the opinions expressed by my co host, co host guests, myself and others is not necessarily that of the Trim radio network, its managers, owners or others. Any information shared by us is not to be considered to be used as advice. We inform, we don't advise, and that includes any medical and health professional information as well. Anyway, price tag by Jesse Jesse J. Is covered under our BMI music license. Six one oh 516 58. And we have a call in number 803-866-1667 give us a call. We'd love to hear your opinions. Always open to it. Just no cussing, no swearing or anything like that. We love to run a christian type radio station right here and that's exactly what we do. Keep it clean. Anyway, without further ado, I am going to hand you on over to Stu. [00:02:17] Speaker C: Hey, Michael, how are you? I'm doing fine. I'm doing fine. I was researching a lot of different stuff today as far as what's going on financially and everything else in the world. Whoa. There's a lot of stuff going on. So it's been one of those crazy information gathering days, I hear. I do radio research during the week and I'll tell you what, the last three days, things have been going crazy. So I'll let you go ahead and do what you have to do. I'll do. My disclaimer and the information contained in this presented material is from the posting of news agencies on the Internet and are not necessarily the views or opinions of the owners of this program. Nothing in this show should be considered legal, medical, financial or investment advice. And so you should always do your own research and consult with professionals we are not responsible for and expressly disclaim all liability for damages of any kind arising out of use, reference to or reliance on any information contained in the know. Michael always does his disclaimer, and I have to do know before we get going here. We've got shout outs to do a big shout out to the Trim radio network for carrying the show. And we've been doing the show for about eleven years, eleven and a half years, and we've been doing it on Trim radio the last few years. We were on another network previous to that. And I've had a good time here and really good experiences, and everybody works together as a team. It's a fantastic group. You get a chance to join us on trimradio.com. Do that and tell your friends about us. I've got friends of mine that are listening, and I've got listeners from all over the world. I've got responses back from Myanmar, from India, from South Africa, from other places in Europe, also North America. And I've also been waiting on a response back from Iceland, but I don't get any. So if you're in Iceland, you listen to the show. Let us know, please. Besides, it's getting cold up there and it's getting colder here. I'll tell you what, the weather last couple days here in middle Ohio, or actually midwestern Ohio, it's been good, a little rainy here and there, but the weather's been decent. Hopefully we have a few more days of that before it gets nasty. Hey, did you guys have time change? Did you go from daylight savings time back to normal old time? Politicians keep changing it on us, and every time they do that, it screws up my metabolical cycle. Sleep cycle really gets messed up. I don't know about you, but it does mine. It takes me about two weeks to get used to this. And for some reason, the other night I went ahead and changed all of my clocks and I set them all back an hour and I did it early. And then finally, when I was ready to call it quits for the night, it must have been about 11:00 on the old time, and it was 10:00 on the new time. I guess I got an extra hour of sleep. But I've been checking stuff that's going on all over the world and there's so much information out there, and I try to share as much of it as I can, but we always do the shout outs and then big shout out to the trim radio network for carrying the show. I really appreciate, I really appreciate Michael's being the producer. Big shout out to the University of Finley at www.findlay.edu. The University of Finley is having a fantastic year in sports this fall. Their football team is seven and one for an NCAA division two football team. The track team has done well. The soccer team has done exceptional. They'll be in the playoffs. The girls soccer team will be in the playoffs. The volleyball team has been excellent. And so it's been a good fall season for sports. I can't wait for basketball. That will start in about a couple of weeks. And they did a scrimmage against the University of Toledo and they lost. But it was a scrimmage and they're going against a division one team and they're division two. So that's a good thing. Big shout out to Rusty Duck's custom pens and rusty Ducks custom pens and blanks are on Facebook. And if your company or your school or your university, your business associates, Phil over at Rusty Ducks custom pens and blanks does an excellent job. Check them out on Facebook. I want to tell you something. Both Michael and I have pens from Phil and those pens are beautiful, excellent pens. They don't go out of the shop until they're absolutely perfect. Trust me. And he sells pens to different places all over the United States. He sells the center part of the blanks, what they call the blanks, and he does the design work and creates the center part and then ships it off to somebody else who wants to do the machining and the final finishing for their pens. He does quite a bit of that, but he does an excellent job. That's rusty ducks custom pens and blanks. You can even check him out on our money and change website on Facebook. And we have pictures of his pens from time to time there. And he does an excellent job. So check him out. Of course, I got to tell you about money and change. It's going to be every Sunday night at 07:00. And now we're not in daylight savings time, we're in the old regular time. So it's 07:00, 07:00 p.m. And we are live. Unless I have to play a concert. If I have to play a concert, we will have an encore addition, which means a rerun. But you can always check our website on Facebook and we will give you the information there. I update that quite a few times a week. We have videos and other things that are posted. I'll tell you about some of the stuff we did today. We also have my world life, laugh, whatever. And that's Wednesdays at 08:00 p.m.. And we have fun on that one. I can talk about every and anything I want to there as long as I behave myself. Michael keeps an eye on me. Anyhow. Then the big family homestead on YouTube with Brad and Krista. Check them out. Great people, good shows. Deep south homestead with Danny and Wanda King. Check them out. They're down at Wiggins, Mississippi. Also southern prepper one with Dave Kobler. And he's talking about boots on the ground, what's actually happening in the world of finance and other things. And we also have appalachian homestead with Patara. And she's not too far from Knoxville, Tennessee. Has a farm and she talks about a lot of things going on, whether or not it's keeping your head on. A know when you go out shopping and you're looking around and to see if somebody's actually stalking you or whatever she does that. She doesn't stalk people, but what she does is she knows about awareness. When she goes out shopping, she talks about different things going to Aldi's or Costco or wherever, and about the sales and things that are going on and even things about her farm that she lives on. She's a real neat, she's very, very nice. And I'll tell you what, I would love to bump into her sometime and we can chat about everything that's going on because there's quite a bit. And if you ever followed along what happened in Washington, DC over the weekend, they had one big protest and somebody said it was a million, and then somebody else came back and they said, no, it was more like 100,000 or less, but they did a lot of damage. It really upsets me, and I'm going to talk about more of it on Wednesday. But here you have a nice capital and people like to trash things. And they were writing on all kinds of stuff and statues and everything else, and that's all going to have to be cleaned off and everything. They seem to forget it's illegal to deface public property, but for some reason they let them get away with it, and that's not good. I don't care what they're protesting. You don't destroy public property. At least that's the way I was brought up. Well, anyhow, guys, there's so much going on. And the Trin radio network, we have a lot of different shows, a lot of different shows out there. We've got fishing in Florida with Stefan. We've got money and change. We've got the weekly music countdown, the Nixie weekly music countdown. We've got the natural marketer podcast. We've got offsides. Oh, Slobber knocker talk, take point 22, my world writer Life show, the Ben Spiritual Freedom Show, Riscalis Red pill reality show. They're great shows. And Michael's last show with walk with God. Check it out. I think he's on from 530 to 630 on Sundays. And he covers a lot of different stuff. So you want to check him out, be a part of Trim radio network. We have fun doing it and you can too. And you just contact us and we will tell you how you can begin. And I'll tell you what, you can have fun doing it like we all do. We don't get paid for doing the shows. We just love doing the shows. And we go all over the world and that's what's nice. Check us out. Trimradio.com. Wow. A lot of stuff has been happening with the know. We've got stuff going on over in Israel, Palestine, we've got stuff going on in the Ukraine, we've got stuff elsewhere. It seems like the world's going nuts. And with that, we have problems in financial markets. Now, one thing I found for you guys today was a CPI inflation calculator from the government. And when I get it from Gov. Gov, it's official and it's a federal government website and you want to check it out because you can see what the inflation calculator is. Now, if we went to that site, and I'm just going to click on it here real quick, we have the CPI inflation calculator. So what was a dollar in, let's see, January of 2021, what is it? As of September of 2023, calculate it's a dollar 82, which means you have to pay one dollars 82 for something that you could have bought in the year 2000 for a dollar. Now, let's go back, let's take a look at what a dollar was. Let's see, back in 2015, it was a dollar 32 is what you're having to pay for things now. It's scary. Inflation is there. We've overprinted too much money and the federal government likes to do that and we cannot continue to do that. But you can go to the website and you're going to see the CPI calculator. That's one of the things that we put up there this week. Another one that we put up today was visualizing the investment of the ultra wealthy. Just where do they put their money? And when you take a look at it, primary and secondary homes, they invest 32% of their wealth in equities they have 18% commercial property. They own 14%. They have 12% in bonds, 6% in private equity venture capital. They have 5% in property funds. They have 3% investment of passion. Passion. I don't know if we can talk. Well, yeah, we can talk about this. It's art, cars, wine, things like that. So much for patient. And then for gold, they invest about 2% of their wealth in gold crypto assets. That's about 1%. And then 5%. They just use it for other things. But that's how they like to invest their money. And that's the ultra wealthy. And it's a global survey, and it's 500 wealth managers and family officials and private bankers that oversee a combined $2.5 trillion in assets. We don't have that. We're common people. We don't have that. But now you can see where the ultra rich like to invest their money. Well, I put that up there on the website today, so you can check it out. Also, prepper princess, you have to check her out. She's saying, we're doing it all wrong. And I watched it and I said, hey, she's making a lot of sense. If you get your laundry detergent and you get the big tall cap that's in the top, and you open up that cap, people just pour in about three, four full of detergent, and they put that in the washing machine, and that doesn't really get the job done like it's supposed to. If you take a look at the amount in a tide pod and you put that inside that top of a, let's just say great value, ultimate fresh laundry detergent, you're only getting about a quarter of an inch or less, and that does the job too much. Put some type of a coating on the clothes. They don't really get that clean. And if you would do that and rewash your clothes, they would be a lot cleaner, and you would have to run everything through twice in your washing machine to get it as clean as what it should be. Because this film gets on the clothes, and prepper princess was pointing all that out. Check the amount that you use. Using less actually cleans a lot better. And she proved it. And that's one thing that I like to point out to people. That video is there also. We have Brad and Krista, and they were talking about getting ready for winter tips and secrets. Hey, it'll save you some money. Check them out. There's another one I put up there called. They will take your food. And Eric up in Michigan with Gaushian prepping was talking about that. And they will take your food in an SHTF situation. And he's saying, secure your stockpiles of food and so you want to be able to act on that. Also, earlier in the week, I talked about 17 ways to save money on groceries. And I got that from bankrate.com. And I'll tell you what, I found out another thing today. If you buy anything from Aldi's, you can go on Wednesdays. That's when all the fresh stuff comes in, according to the article that I watched or read. And that was something that I didn't think about. When does this stuff come in? I know our Aldi's locally gets a delivery just about three times a week, and they do a fairly good volume, so you have to check that stuff out. But the article was saying they do their business and get all of their stuff in on Wednesdays. It could be different. Check your local store. And I know that we just had another Aldi's open up in a town to the south of us, and they've been remodeling stores and adding new stores. And they have some fairly good stuff. If you like wine, they have a great selection. They're known for that. They have good vegetables. In a lot of cases, their vegetables are fresher than some of the bigger stores. They have good dairy products. They have a lot of good canned goods. Their meats are good. You want to check them out. It's Aldi. A-L-D-I. Other stores that are associated with that is Trader Joe's. Aldi's is Aldi's Nord, which is north because it originated in Germany. And that's what we normally would have in our local stores around here. Then there's Trader Joe's. That was Aldi's suede or Aldi's south. And that was a totally different type of store. They share the same products, but they have a lot of different higher end things, I believe, at trader Joe's. And so you can check that out, too. It's kind of the same company. There's two brothers that founded the store, and they're starting to get popular around the midwest. And if you have an Aldi store, check their prices out versus going to Walmart or Kroger's or Teeter Harris places like that, even Meyers. And we have those around here. And you have to shop for your best prices. And sometimes it can be a job shopping for the best possible price. Well, hey, the national debt clock right now, as we're speaking, is $33,700,601,000,000. It's going to be 602,000,000 here in probably about 30 seconds. Then that's $100,332 per citizen and $259,000. $259,103 for a taxpayer. I don't know about you, but I don't have that kind of money laying around. Do you? Oh, speaking of taxpayers. Hey, we've got. Voting is Tuesday, did you know that? I hope you've been keeping track of all the different things that are going on that you're going to have to vote on. And I know here in Ohio we are going to have a bunch and locally it's going to be a bunch. And so that's coming up Tuesday. So you want to find out where your local polling place is and then make arrangements to go there on Tuesday and vote. Please get out and vote. That's the only way your voice is going to be heard. In looking at the US debt clock, the federal government is getting in $4,422,543,000,000 as we're speaking, and that's about $13,218 per citizen. But their spending is out of hand. It's at 33 trillion. Now. If we ran a business like the federal government, we would be broke. We would definitely be broke. We'd be out of business. If we spent like the federal government, we'd probably be in jail because we'd be writing checks for money that we don't have. I think they call that check kiting. We need to have a balanced budget, not spend money like it's going out of style, you know what I mean? Just throwing money out there, that's not right. Well, some of the things I found out this week from shiftgold.com, central banks are on course for colossal year of buying gold. Why are they buying gold? Think about it. The dollar is worth less and it's continuing to be worth less. And the Chinese are basically turning in their dollars. And the BRICS countries, which are Brazil, Russia, India, China and South Africa, plus another 35 other countries, are going to form a different type of buying group and they will have their own currency and it will be gold backed. Instead of fiat currency, which is the US dollar, it's paper. A lot of countries had paper money. Now, the central banks in the BRICS countries are going to have a gold backed currency. We used to be on a gold backed currency until Richard Nixon took us off of that, which is probably a very bad move. But according to shift gold globally, central banks added a net 337 tons of gold just in this last third quarter of 2023. And it's the second highest third quarter total on record behind 2022. And though the first nine months of the year, actually through the first nine months of the year, central banks bought a net of 800 tons of gold, and that's 14% more than through the same period. Now, why are they buying gold? It's a hedge against calamity. If the BrICS nations also go to a gold backed currency, then they're going to have to have it in stock. And that's why China's been buying gold. India's been buying gold, other countries are buying gold. And, hey, it's going to be that way. There's always been a speculation that China holds far more gold than it officially reveals. And Jim records pointed out on mises daily M-I-S-E-S back in 2015, many people speculate that China keeps several thousand tons of gold off the books in a separate entity called the state administration for foreign exchange safe. A lot of countries keep gold. The US has gold. It hasn't been audited in a while. And I wish that they would because I would like to know the total number of bars of gold that are held in Fort Knox and other places and other repositories. And it's scary. Right now, India has, according to the report, nine tons. During the quarter, they added nine tons. Uzbekistan, seven tons. Czech Republic, six tons. Singapore, four tons. Qatar, three tons. Russia, three tons. The Philippine, two tons. And the Kurzigs Republic. K-Y-R-G-Y-Z republic. One ton of gold just this last quarter. They know that calamity is coming. They know that the BRICS countries are going to go to gold. And I don't think the US is doing enough because the other countries are building it up. And if the US dollar crashes for any reason, even devalues 40%, the other countries that are on the gold standard are going to do very well. And we need to get back to the gold standard. That's just my opinion. Okay. Right now, gold. According to the APMX charts, gold is at 2005.60. It's gone up $6.20. Since we've started talking. Silver is at 23 50. It's gone up $0.48. Now, silver, some people are saying, is going to be worth more than gold because silver has much more uses in manufacturing. Could be. But you know something? If you go to buy gold, the price that I looked at yesterday, it was like $35 an ounce because you have to pay more because they don't have a lot of it. In stock, it's scarce, so they have to open up more silver mines, more gold mines and so forth. Platinum was at 951 dollarsixty cents. It went up $10. That's basically 1.7%. But like I've always said, just common people, we have to think a little bit. I've always said for eleven and a half years or more, pay down your debt, put some money aside, buy some canned goods, freeze dyed food, whatever. Make sure that you can purify and store water. Make sure you can get your medications, make sure that you have clothing for the season. It's going to be winter here and so you better have warm clothing. You better have a backup way to heat your house. Do you have a generator in case the power goes out? Do you have solar panels in case the power goes out? Do you have extra candles that can help you keep warm? A lot of different things to think about for cold weather. Do you have some money that's safely stored around the house someplace? Because if they have a banking holiday and the banks close down, you're going to need money to pay bills. And so if you don't keep money wherever you store things safely, then you better start. A lot of people just go to the bank so many times a week and they take a little bit out here and there and then they start building up the supply. And that's a good move. The other week I went to the bank and they had a CD certificate of deposit and they said it used to be 1.5% is what we were paying. It's now 5%, which means the bank needs money. So they're willing to pay you back 5% for something, for like, let's just say hypothetically $1,000 and they will pay you back in one year, 5%. And that's not bad. But every time I go in to take some money out, I say, well, when are you guys going to have a 10%? And they laugh. They said, yeah, that'll never happen. But 5% is actually pretty good. And the longer you hold it, you could get maybe an extra percent out of it. But for us common people, you pay down your debt, you put some money aside, and every week you set up a budget and you stick to that budget. And so you don't buy anything on credit. If you do buy anything on credit, you make sure it's paid off at the end of the month. My house is paid off, my car is paid off. If I put anything on a charge card, I get the bill, I pay it. I don't mess around. I haven't paid interest on anything in years, and that's the way I want to do it. And I'm lucky I could get that way because in the early years when I got out of college, oh, yes, I had debt. And one of the biggest things that they gave me was a credit card my senior year. They said, here, use it. Oh, yeah, right. So you have to think about that. Oh, wow. There's so much other stuff we've got to go through. Housing affordability. Are you looking for a new house? Do you know what the rates are? Do you know what the cost of homes are? I just got a thing from a realtor about buying a house in Florida. Actually, it's a condo, a two bedroom condo, $339,000 in Dunedin, Florida. I'm one block from the beach for $339,000. I'm not going to pay that. If I'm going to go to Florida, it won't be to the beach, it'll be farther inland because you get hurricanes. But Brandon Smith at Alt Market us said we're enduring a stagflation crisis and there's no way around it. It doesn't matter how much oil Joe plugs the POTUS dumps on the market from the strategic reserves. It doesn't matter how many jobs he's able to temporarily buy with $8 trillion plus deficits of spending. It doesn't matter how many times the mainstream media claims we are in a recovery or claim to see the green shoots of a soft landing. In reality, most Americans are struggling to afford necessities. Increasingly, they're simply unable to participate in essential markets. The longer this goes on, the deeper in the hole we get and the harder it will be for people to climb out. We're getting into an economic disaster. The people who think conditions are bad now haven't seen anything yet. According to the article, interest rates eventually climbed to 20% in the early 1980s. And that said, there's a growing potential for today's crisis to become the biggest financial crisis in our nation's history. Given a little more time and just a little bit more digging, rental prices are on the average american home have climbed to $2,047 per month, according to the article. And it depends on where you live. And that might sound outrageous, but it might sound like a bargain, too. Either way, compared to the average in 2019, that was $1,465 for an apartment, which are generally the lower end rental option, the average cost today is $1,372 per month, compared to $1,078 per month back in 2019. Now, way back when I was on my own, I still am. But back in the early years, I could get an apartment, which was a nice apartment for around three hundred dollars to three hundred and sixty dollars a month. And that included all of your basic utilities. And that was back in 1970s. And finally, the last time I had a condo, I think it was just about $900 a month. And then, hey, where I am now, everything is paid off. And that's the good thing. If I want to go out and buy a car, I can pay cash for it. I don't have to worry about that. I could buy another house, but I don't want to. I'm satisfied. My ranch style house that I have now, but some of the places within five blocks of me are $500,000 homes. And they're starting to take a hit on the market because nobody can get the decent rates to afford those homes to buy the loans. And so the banks are having problems with customers coming in. I was doing some research and Americans pay about $100 billion in real estate commissions, but get ready for a 30% cut on that, according to experts on Yahoo Finance. And Steve Moman wrote a report and he said homebuyers and sellers had a big week. Significant changes to how and how much they pay real estate agents became more likely after a $1.8 billion verdict on Tuesday against the National association of Realtors and large residential Brokerages. And the defendants artificially inflated commissions and conspired to require home sellers to pay the broker representing the buyers of their home in violation of federal antitrust law, according to a federal jury in Missouri. Well, that tells you that you need to know your real estate agent and you need to know how fair they are and be able to compare the market. The housing market is getting tough now. I have a friend of mine who is relocating to the east coast and I believe North Carolina on an island. And their house, which is a beautiful house, they've spent the last ten years fixing the house up. I mean, it is beautiful. And it used to be owned by a doctor. And the person before that was an industrialist, a local industrialist, had a beautiful house. And it has a carriage house for a garage. And they have an upper area that could be used for an apartment, but it's a beautiful house. And they spent all this money fixing it up. And I haven't been able to find out how much they're selling the house for. And this is a three story house. And it's beautiful. It is absolutely beautiful. But I wonder if it's going to be at anywhere between 500,000 to maybe $700,000 for the house. Beautiful grounds. It's close to downtown. It's within walking distance. There's several other big houses. It's in what they call the Caldwell historical district and it's a beautiful area. But I wonder what they can get out of the house if they can sell it. I don't know how long it's going to be up for sale. I've seen the interiors of that house and others that were up for sale that were beautiful. There was a Frank Lloyd Wright, I'll call it lookalike. It was designed by an architect in Dayton, and they wanted close to $400,000 for that house in the Caldwell historical district. Beautiful homes. Beautiful homes. But it's not a buyer's market, and rates are going up and up and up. I don't know about you, but I'm sticking with what I've got and I'm not going to look to relocate anywhere. Do you know more homebuyers back out of deals as mortgage rates hit 23 year high, according to Gabriella Cruz Martinez, and she said homebuyers are backing out of the deals at the highest rate in nearly a year, a new study found. And the culprit is higher mortgage rates and roughly 53,000 of us home purchases in their agreements fell through in September, according to Redfin. R-E-D-F-I-N. Equal to 16.3% of the homes that went under contract for that month. Now, that's the highest percentage of canceled contracts since October of 2022, when mortgage rates surpassed 7% for the first time in two decades. Gee, what's a decade? Ten years? So for the first time in 20 years, and the share is also up from 15.2% a month earlier and is 15.8% a year earlier. It's getting worse. So how can you afford to do things? If you're a common, ordinary person with a reasonable job or you're working two jobs, can you afford to get another house? I had a friend of mine down the street. I don't know why they did it, but they ended up getting a second mortgage on the house, and it's one floor ranch house. I don't know why they did it, and that's a problem. And now, due to circumstances, they're going to probably have to sell the place. I don't know what they did with the extra money, but it's scary out there. Do you know anybody that's living paycheck to paycheck. You get paid every other week and you pay your bills, and at the end you don't have very much. Are you living above your means? You may need to cut back to stop from living paycheck to paycheck. And it depends on your job, your income, whether or not you are working two jobs to make up for one that you lost a couple of years ago, or you're just having extra work to make ends meet. It's scary. And people go paycheck to paycheck, and sometimes at the end of the month, they have to borrow on the next month and they build up. All this interest kills. It doesn't help you at all. Live beneath your means. Instead of having steak twice a week or going out to eat three or four nights a week, start living and eating at home. I mean, just watch your expenses. Do you need Netflix? No. There are other places you could use roku or other services which would be free by the box, and then from that point on, it's free. You can watch all kinds of movies and stuff on that. Are you paying high cable bills? That's one thing that I'm considering doing right now, is to drop my purveyor and actually go to streaming and totally doing away with cable. I'm not going to be watching a lot of sports. I'm not going to be watching a lot of movies or things like that. Most of my time basically is spent on the computer, and I'm doing research for the show and doing different things. And the tv, it gets used occasionally for maybe a sports situation, but generally it's the news and that's it. So I can cut back. And instead of paying $265 a month, I can probably break it down to about $150 a month for Internet cable because I've got phone, too, and my cell phone is totally on a different contract. I like having a loan of a phone line, which is a landline. I like to have a cell phone, too, because if the cell phone goes down, then what are you going to do? You have the landline now, if the landline goes down, I have a GMRS radio. There's a license for it, but you don't take any tests. And this is just a small handy talkie. It's washen Wouxun, and it is a KG 935 g plus very good radio. And I can talk to different people in my area, in our net zone. It's good. I can also listen into other things, too. If I want to listen to the railroad, I can do that I can key up that frequency and listen to that. But do you have ways of communicating? Can you communicate with your neighbor in case of an emergency? Let's just say the grid goes down. Can you talk with your neighbor or a relative in your hometown? You can. With these radios, you can go up between five and 10 miles with these, depending on the situation, the height that you are compared to others, and also the obstacles in the way. Very good radio. And I have a couple. I also have a 20 watt unit. That one that I just showed you is five. The 20 watt unit will end up going in my car, and I can easily get into the different zones around that I have permission to have access to, and I can talk up to 50 miles away, basically in each zone that I go into. But living paycheck to paycheck, getting back to that, I mean, despite the fact that our politicians in Washington have been borrowing and spending trillions of dollars that we do not have to prop up the economy, living paycheck to paycheck has become a permanent lifestyle for a lot of Americans, according to Mike Snyder. In other words, well over half the country is literally living on the brink of financial disaster. We've got high inflation rates and higher rates are coming. As of September, 62% of the adults, according to the report, said they are living paycheck to paycheck. That's 62%. To get away from that, you have to live beneath your means. And to do that, you stop eating out as much. Only go out maybe once or twice a week or once a week. Watch what you purchase online. I know a lot of people like to use Amazon, and that's great, but when you get the bill, pay it all off. Don't pay that interest. That interest will kill you. If you don't need it, then don't get it. If you're prepping, yeah, buy extra food, buy extra medicine, buy what you need to prep up for a financial disaster. And you don't have to do it in big bulk. All you do is go out and buy five extra cans a week of whatever food you normally use. Just five cans. You can buy more than five cans if you want, but make sure that you eat the food that you get. But you have to stop living paycheck to paycheck. And did you know that a whopping 74%. 74, that's seven. And 4% of all Americans are stressed about finances, about paying the bills when they're due. They're stressed. You have to find a way to cut that stress. Live beneath your means. You don't need a new car every three years. You don't need a new tv, a new computer, whatever, you can make things work. Check that out. Some deposits may be temporarily delayed. This was an article that came out. It was in zero hedge, and it said some deposits may be temporarily delayed. Down detector. That's down detector. D-O-W-N-D-E-T-E-C-T-O-R. Down detector. All one word shows service disruptions at us banks. And this was according to a Chase spokesman. And they told CNN, we know some direct deposits haven't been updated because of payroll. Companies have not sent them to us yet. The spokesperson said, we will post them as soon as we can, but we don't know the timing yet. An industry insider, according to the report, said to the media outlet, the issue appears to be related to the automated clearinghouse, or ACH, which is a network of processing transactions. Remember, it's all electronic. And the Dow detector showed truest bank of America, Chase US bank, and Wells Fargo are experiencing the widespread outages and disruptions that began around 08:00 eastern standard time. That's 08:00 in the morning. Luckily, my bank wasn't on that list, but some of the things that they had was Fortnite, truest Bank of America, Chase US Bank, Wells Fargo, chime, ADP, which is not a bank, it's a data processing thing. Instagram, workday, Spectrum, rainbow, six siege, whatever that is. Verizon rumble, and at t. That's scary. You ever go to the ATM and they're out of money? That worries me. And when that happens, and it's that way in the whole town, and you're going from ATM to ATM trying to get your money out, you have a problem. And that's why I always say, put some money aside because you may need it. And if the banks go to pot, guess what? Here's one that happened on freight waves. Iowa bank failure tied to bad trucking loans. This was done by Craig Fuller, and he's the CEO at freight waves. That's F-R-E-I-G-H-T waves. And he said, as everyone in and associated with the trucking industry knows, most of the last two years have been very difficult ones for the industry. Trucking companies large and small have gone out of business. There are too many trucks chasing too little freight. You ever see them on the interstate and they're taking freight someplace, then they're coming back empty. They don't make any money on the empty returns. Think about it. They lose money on that. Rates on most lanes are now below 2019 levels. And that was another bad year for the industry. In addition, brokerages have also been hurt, as widely reported by this article on freight waves and other media convoy, a very high ranking and high profile brokerage recently shut down for financial reasons. Other brokerages have also gone out of business and layoffs have become relatively commonplace. Well, he said at this article, it said, Citizens bank goes under. It says now that the trucking blood, I'll get my mouth working. Bloodbath has taken down a bank. Citizens bank of Sac Sac City, Iowa, has failed, and it appears that its exposure to the commercial trucking is the cause. Citizens bank was a small state chartered bank. Its loan portfolio was focused on commercial and industrial loans, according to bank reg blog. And the blog reported on November 3 that the Federal Deposit Insurance Corporation, or the FDIC, announced that Citizens Bank, a $66 million asset nonmember bank, had failed, and it was supervised by the FDIC and the Iowa Department of Insurance and Financial Services. All of the deposits of the Citizens bank were assumed by Iowa Trust and Savings bank, according to that blog. So we've got problems with the trucking industry. We've got problems with banks, we've got problems with data. It's just getting worse and worse and worse. And that's why I keep telling people, pay down your debt. Put some money aside. I don't care if it's $5 a week, $10 a week, $20 a week, $50 a week, it all adds up. And you want to go ahead and put ones, fives, tens and 20s. Don't put in $50 bills or $100 bills. No, the common bills. Ones, fives, tens and 20s. [01:00:08] Speaker B: I'll take all of those and use. [01:00:10] Speaker C: Those to pay things off. Things are getting tough, guys. And I'll tell you what, we'll talk a little bit more about this on my world on Wednesday. So you want to stay tuned, but check us out on Facebook. Money and change slice. Financially. [01:00:27] Speaker B: Prepped. [01:00:29] Speaker C: Like financially messed up. Anyhow, check us out on Facebook. Oh, yeah, it's prepped. [01:00:36] Speaker B: Yeah, prepped. [01:00:41] Speaker C: Tongue tied. I'll tell you what, I need some of my double filtered water. I'll tell you. [01:00:46] Speaker B: All right, guys. Well, I'll tell you what. Join us and hopefully everybody has just fallen with sickness all last week. We still have some carrying over. It's been kind of rough, and we're kind of behind on the shows we wanted to do, but sickness has just kind of attacked everybody. Anyway, we will see you Tuesday night. We got a lot to catch up with as far as top 25 college football. We're almost at the end of it and we have a lot to catch up on and also slobberknocker pro football. So the season is changing and along with the time and everything else. So hopefully we'll catch up with that and take point 22. We have not done that either, but illness and everything else that has befallen, hopefully we will get around all that and see you on Tuesday, on Wednesday, my world live laugh or whatever. And then the rest of the week we'll be planning in well uploading shows. All right, yeah, God bless. Take care and we will talk to you all later on. [01:02:04] Speaker C: See ya. Bye.