David Rutherford Show: #1 Economist Warns - The Fed Turned 66% of Gen Z Socialist
David Rutherford Show: #1 Economist Warns - The Fed Turned 66% of Gen Z Socialist  
Podcast: The Clay Travis and Buck Sexton Show
Published On: Wed May 20 2026
Description: 68 cents of every dollar in your wallet were printed in the last 18 years. The other 32 cents took 200 years to create. That's what the Federal Reserve actually did to your money. Brian Wesbury is the Chief Economist at First Trust Advisors, former Chief Economist for the Joint Economic Committee of the U.S. Congress, and ranked the #1 economic forecaster in America by The Wall Street Journal. He's been warning about this for decades. David and Brian break down how quantitative easing tripled the money supply, why that created the biggest generational wealth gap in American history (boomers won, Gen Z got crushed), how Jerome Powell's Fed enabled a government spending addiction at artificially cheap rates — and what the new Fed chair Kevin Warsh inherits now that the bill is coming due. They also dig into the Iran conflict's impact on oil and inflation, why two-thirds of Americans under 30 now believe socialism is a better system, and what Brian would tell every young person about building wealth in this economy.✅ Sponsor: ☕️ Black Rifle Coffee, use code froglogic20 for discount: https://www.blackriflecoffee.com/🏫 Get coaching by David Rutherford: https://www.froglogicinstitute.com/Follow Brian on X: https://x.com/wesbury Timestamps00:00 — How the Fed Tripled the Money Supply in 18 Years 09:42 — Why Two-Thirds of Gen Z Now Believe in Socialism 12:19 — Jerome Powell Created This Mess15:14 — Warsh vs. Powell: The Fed's Civil War 27:25 — The Fed Caused the Great Depression, the '70s, and Covid Inflation 31:41 — Iran, AI, Tariffs, and the Most Complicated Economy in History 33:55 — Building Wealth, College Is Overrated & The Soul of Americans44:09 — Brian's Message to Every Young Person: Be Who You AreFollow Clay & Buck on YouTube: https://www.youtube.com/c/clayandbuckSee omnystudio.com/listener for privacy information.