AI Summary
5 min readThe United States set a record today, but not the kind anyone wants: diesel hit six dollars a gallon for the first time in history, as treasury yields rise, inflation surges, and the hosts of the MeidasTouch Podcast describe an economic and military catastrophe unfolding under Donald Trump. At the same time, Trump was at a Republican midterm convention telling supporters the country is experiencing a "golden age" and promising $5,000 dividends to every adult citizen if Republicans win Congress. The episode covers a dizzying range of developments — from Houthi advances in Yemen to a Supreme Court ruling on Missouri gerrymandering to a top DOJ resignation — all tied together by the hosts' argument that the Trump administration is lying about the severity of the crises it has created.
The economic picture: diesel at $6 and inflation surging
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What you'll learn
- 1 (02:05) **Episode Overview** - Ben introduces a packed show covering record diesel prices, Trump's midterm convention lies, and major Houthi advances in Yemen.
- 2 (08:14) **The Collapsing US Posture** - The hosts argue the war is going horribly for the US as munitions dwindle and the security architecture falters.
- 3 (11:08) **Iran Strikes Back After US Attacks Oil Tankers** - Ben details the cycle of US strikes on Iranian civilian tankers and Iran's retaliatory hits on Jordan and more tankers.
- 4 (13:57) **Diesel at $6 and Inflation Surge** - The hosts explain how diesel prices drive economy-wide inflation, contradicting Trump's promises.
- 5 (16:53) **Trump's Bizarre Midterm Convention Speech** - The panel dissects Trump's claims of the "greatest two years in history" and his "weave" rambling.
- 6 (19:13) **Trump's Tariff Lies and Bessent's Panic** - The hosts debunk Trump's claim that tariffs make us "trillions" richer and analyze Treasury Secretary Bessent's failed bond market maneuvers.
- 7 (23:03) **Trump's "Weave" and Ballroom Rant** - A deeper look at Trump's incoherent speech style and self-dealing.
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Show Notes
On this episode of the MeidasTouch Podcast, Ben, Brett and Jordy discuss soaring inflation, record $6 diesel and surging Treasury yields as Trump’s economy spirals. They expose Trump’s disastrous RNC midterm convention and his latest phony promises to pay Americans for voting Republican. The brothers also break down mounting U.S. casualties and damage to American bases in the Middle East, alarming leaks from military leaders, and the rapidly expanding Houthi offensive threatening the region.
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