---
title: 'Trump''s $5,000 Stimulus Checks and $2 Gas: What It Means for Your Money'
source: 'https://youtube.com/watch?v=oexx0U-S3Gw'
video_id: 'oexx0U-S3Gw'
date: 2026-09-12
duration_sec: 1498
channel: 'Minority Mindset'
---

# Trump's $5,000 Stimulus Checks and $2 Gas: What It Means for Your Money

> Source: [Trump's $5,000 Stimulus Checks and $2 Gas: What It Means for Your Money](https://youtube.com/watch?v=oexx0U-S3Gw)

## Summary

The video analyzes President Trump's promise of $5,000 stimulus checks and $2 gas, focusing on the financial implications rather than the political debate. It breaks down the cost, funding sources, and the potential impact on inflation and the Federal Reserve's decisions, offering investment insights.

### Key Points

- **Stimulus Promise and Cost** [00:00] — Trump promises $5,000 checks and $2 gas, but the cost is $1.25 trillion, funded by tariffs that only bring in $200 billion a year.
- **Funding Shortfall and Inflation** [00:53] — The funding shortfall means money would likely be borrowed or printed, increasing inflation, which is already a problem.
- **The Fed's Dilemma** [23:45] — The Federal Reserve faces a dilemma: raising interest rates to fight inflation or cutting them to stimulate the economy.
- **Follow the Money** [21:05] — Investors should track government spending as the largest economic force, as policies signal where money is moving.
- **Term Life Insurance as a Bridge** [22:09] — Term life insurance is a cost-effective way to protect family finances while building assets, especially for younger, healthier individuals.

## Transcript

President Trump is promising $5,000 stimulus checks for every American and $2 gas, quote, right after the midterm elections, assuming the Republicans win.
Now, this has created a lot of controversy on the internet where people are talking about the political side of this and Republicans this and Democrats that. But what I want to do is focus in on the finances, not the politics, because all of this has
direct implications on your money, on your retirement and your investments. and I don't think a lot of people are covering that, so let me break that all down. Starting with the math. If President Trump were to send out a $5,000 stimulus check to 250 million Americans,
that would cost about $1.25 trillion. Where would that money come from, considering that the United States is $40 trillion in debt? Well, President Trump has a solution.
He says that tariff revenue will pay for it. except tariff revenue is not bringing in enough money. Remember, the cost for these stimulus checks would be about $1.25 trillion. Tariffs are bringing in about $200 billion a year,
a lot more than we were before, but a lot less than $1.25 trillion, which means we would need years of tariffs to be able to collect enough money to pay out a $5,000 stimulus check,
not to mention that Congress would have to approve it. But this isn't the first time that we've heard of stimulus checks from President Trump. We've had stimulus checks during the pandemic. And then during President Trump's second term, when he entered the White House in 2025,
we first heard about a new stimulus check in February. Now, it wasn't called a stimulus check. It was called a dividend from Doge. Doge was working to shrink the size of the government,
The idea being that if we can spend less money in the United States, the government's going to have more money. And if we have more money because we're spending less money, let's just take 20% of our savings and give it back to Americans.
And this was proposed as a $5,000 dividend that could be coming, and it was originally brought up in February of 2025, but we never saw that check go out. Then, November 2025, there was new talks about a stimulus check.
this time not from Doge, this time from tariffs. Because we had now unleashed these tariffs on foreign countries and President Trump said that if you are, quote, moderate income, you then could qualify for a $2,000 tariff dividend
or reimbursement or stimulus. Call it whatever you want. That way you have more money to offset the higher cost of tariffs. Well, here we are about 10 months later and that check never went out.
Now here we are with the third potential stimulus check, a $5,000 potential dividend from tariffs if Republicans were in the White House. And now the question that people have is if this was to happen, where would the money actually come from?
Because we say it's from tariffs, but tariffs are not making enough money to pay for all of these stimulus checks. And the reality is, like I said just a moment ago, the United States is $40 trillion in debt. we are spending about $2 trillion a year that we don't have.
So if all of a sudden we have a new trillion dollar expense it's not going to be coming from taxes. By the way, tariffs are in form of tax because we're already spending all the taxes that means it has to be funded through debt.
Right now we're spending and borrowing about $2 trillion extra. So the United States is going deeper into debt about $2 trillion a year right now. This would add on another trillion dollars to that.
And the other part to that, which makes it even more painful, is part of that debt is coming from the Federal Reserve Bank, which doesn't actually have any money.
They have to print that money out of thin air and then lend it to the United States government, which means more money gets created, which means more inflation happens, which means the value of your dollar goes down, challenging the prices of things to go up.
And that's a problem right now because we're already facing an inflation problem. Inflation has been a lot higher than what the Federal Reserve banks want. And because the inflation problem has been so high,
people are now feeling the pinch again. For the last 12 months, people's incomes have not kept up with inflation, which means the average person who's working for a salary is effectively poorer today than they were 12 months ago.
Yes, they are poorer today than they were six years ago, based off of the data because inflation has grown faster than people's income. But over the last 12 months, we're seeing it happen again.
And this is where people are concerned that if this dividend check goes out, you'll feel rich in the beginning, but there's a cost to free money. As I like to say, the most expensive kind of money is free money.
As a reminder, this is why. On September 29th, I'm hosting a live free and virtual investor workshop because I ran a poll to my Minority Mindset audience and the biggest concern that people have about the economy right now
is the dollar losing value. And so on this workshop on September 29th, I want to go over, number one, what's happening with the dollar, but more importantly, number two, how you can profit from the dollar losing value.
There's going to be a ton of value on this workshop. If you have not registered for it yet, it's free. I'm doing it twice on September 29th, once in the morning at 10.30 a.m. Eastern Time, then again in the evening at 8 p.m. Eastern Time. There's a limited number of people that can join me live because it is live.
So if you haven't registered for it, I have that link for you down in the description. And as a bonus, when you sign up, you're also going to get added to Market Briefs, which is my new center for investors, completely for free. Now, the reason why the Federal Reserve Bank is so concerned about this,
and I'm going to talk more about this very soon, is because the Federal Reserve Bank is trying to do two things. Number one, they want to keep inflation down. And number two, they want to keep the job market strong.
That what the Federal Reserve Bank is supposed to do There a central bank here in the United States but the way that they keep inflation down is through interest rates And normally the Federal Reserve Bank raises interest rates when inflation is high
Normally the Federal Reserve Bank cuts interest rates when they want to stimulate the economy. And so right now we're in a situation where inflation is high, which is why more and more people are thinking that the Federal Reserve Bank might raise interest rates.
But now on the flip side, when you take a look at the job market and the economy, a lot of people are also saying that the job market kind of sucks, and the economy is starting to struggle. Because if you work in AI, the economy has been great for you.
But if you're outside of AI, it's not been as strong. And so this is where, in order to stimulate the economy, some people are saying the Federal Reserve Bank needs to cut interest rates in order to create more jobs, in order to boost the economy.
Well, you can't cut interest rates to stimulate the economy while raising interest rates to fight inflation. You can't do both of them at the same time. And so the Federal Reserve Bank now is having to make a decision as to what they want to do.
Do they want to protect the dollar and fight inflation? Or do they want to create more inflation and boost the economy? President Trump has made it clear that he wants to see more stimulus in the economy
because more stimulus in the economy would also boost the stock market. and he believes that the growth in the economy could outpace inflation. But the concern is, if you create more inflation,
that could create more pain in the dollar and that could be much more painful to fix and we don't know what's going to happen with that. So, where would the money come from for these $5,000 dividend checks? Well, it would have to be debt
and the debt, some of it would have to be borrowed and printed. And that's an even bigger problem now I hope you can see if you're watching my videos and you're subscribed to my channel, you know that already in 2026, the United States government has been struggling to find lenders.
Because more and more people who would normally lend money to the United States, whether it's foreign countries, whether it's individuals, they're saying we need to be more cautious with who we lend money to, particularly the United States, because we are concerned about inflation.
And this has created some chaos in the bond market, because treasury yields, which is the interest rate that the government pays, has gone up now to the highest levels that we have seen in decades. It's now at the highest level that we have seen
back to right before the 2008 great financial crisis. And those high interest rates then was what started the dominoes for the housing market to collapse.
So we are seeing these higher treasury yields because the government has been struggling to find lenders, And if the government announces we're going to spend a trillion extra dollars, that's going to put even more pain in the bond market.
It's going to create more pain in the treasury market. That's going to create more pain for interest rates. So what about gas? Because President Trump has also promised $2 gas after the midterms should Republicans win.
Now, to understand what's going on with gas prices, because oil prices have just shot up again, back to a little bit over $100 a barrel is what we saw happen this week. oil prices are a global commodity.
It's not just something that's priced in the United States, it's priced globally. And when the United States attacked Iran, that created a huge strike in oil prices. And the reason why is because in that Middle East area,
there's something called the Strait of Hormuz, and that is an area, a passageway, where a lot of the global oil passes through. and so that new attack then shut down that passageway
which now made it much more difficult for oil to transport from one part of the world to the other. Well, once that happened, now all of a sudden the supply of global oil went down
because now if you wanted to get oil, it's more difficult. You have less supply of oil, but the demand of oil has not gone down. I mean, people are still running businesses the way that they have. People are still driving trucks the way that they did. People were still flying planes the way that they did.
Nothing changed in the global economy. It was just a war that started. So supply went down, demand stayed the same, and that's where basic economics will tell you that that's what causes prices of things to go up.
And so immediately after President Trump attacked Iran, we saw oil prices skyrocket, and now we are seeing such fluctuations in oil prices because sometimes we believe there's going to be a ceasefire,
there's going to be a peace deal, the war is going to end, oil prices fall. Then we start to hear about new attacks, and then oil prices jump back up again. And so now as we're in that phase where the United States has been doing more attacks,
there's been more concerns about when the war is going to end, if the war is going to end, how many more months, days, weeks, years, who knows what will last, people get concerned, and that's what then drives up oil prices.
Well, those oil prices impact a lot more than just gas, And that's why you want to pay attention to this. Because the first thing that people feel is gas. You go to fill up your tank of gas, and it used to cost $25, $30.
Now you're paying $50, $55, $65, $75, $100, depending on where you live. But that's not all. Diesel prices get more expensive, which means trucks have to pay for more gas as well.
The reason why that matters to you is if you go to the grocery store and you buy anything, well, that stuff in the grocery store, the bananas, the avocados, they were shipped from a farm
to a warehouse to the grocery store which means a truck had to transport all of those goods and so now that truck that had to transport the goods is paying more money for the diesel which means the shipping cost just went up
which means your avocados and oranges and your bananas just cost more money now but that's not all oil is also used in fertilizer so when farmers are trying to produce their crops
they have to go out and buy this fertilizer where now the fertilizer companies are paying more money to produce that fertilizer And so now the cost of producing that same bananas avocados tomatoes oranges
I mean, you name it, anything with fertilizer, it now costs more money to produce. And so if a farmer has to pay more money to produce their crops, they're going to sell it for more money to the wholesaler, and the wholesaler has to sell it for more money for the retailer,
and then Walmart has to charge you more money. that's why higher oil prices have such an important impact on our economy it's not just gas prices, which yes, that is important but it has a direct impact on many different parts of the economy
and that's one of the reasons why inflation has become a bigger and bigger problem so a lot of people now assume that inflation is just the prices of things going up but that's not exactly true either inflation comes from the word inflate
what do you inflate when you have inflation? well, you are inflating the monetary supply You aren't saying how much money is out there. And so here we have a couple different things happening. On one hand, the prices of things are going up because of the higher oil,
because of the one in the least, because of the higher interest rate. But at the same time, we're also seeing a lot of money printing. This is what I was talking about in the beginning of this video.
The United States government is going to spend about $2 trillion that they don't have in 2026. That money has to be borrowed. and some of the money is going to be borrowed from the Federal Reserve Bank.
When the Federal Reserve Bank is not sitting on cash reserves, that money has to be created, meaning printed, meaning invented by the Federal Reserve Bank and then lent to the United States government. So when the government spends money,
some of the money is being created out of thin air. And now when the money is created out of thin air, there's more money in our economic system, there's more dollars floating in our system, there's more currency in our system.
Well, you can print dollars, but you cannot print wealth. And that is a very important concept that I want you to understand because most people have no idea of what that means. Wealth is what the dollar can actually buy.
Dollars is the amount of dollars in your hand. So you can print more dollars, which makes people feel richer in the moment because now all of a sudden the government has money to, say, build a bridge, hire a company, hire a contractor,
do some sort of work. That creates jobs and all of a sudden people are getting paid these dollars but those dollars have less buying power. This is called debasement. It is creating more currency
but it's reducing the value of each individual dollar which in turn causes the prices of things to go up. So on one hand, we are continuing to see a lot of government spending and on the other hand,
we are now seeing the impact of the higher oil prices hit our economy and while history doesn't exactly repeat itself, it does rhyme. What we learned last time there was an oil shock in the early 1970s,
the real pain from the oil shock did not happen 30 days or 60 days after oil prices went up. It came many months after oil prices went up. And so now, if that is any indication,
what we could be seeing is near-term pain in the future because of the original higher oil prices but oil prices have not come down yet.
In fact, we don't know if or when they're going to come down depending on what's going to be happening in the war. But that's not all. This is where a lot of people get concerned as to what is going to be
coming next with the United States and the United States dollar. Again, this is why I'm hosting a workshop on September 29th If you haven't registered for it yet, please do so. It's going to be a lot of fun. But the thing you want to really understand here is there's a lot of changes happening in our government and our economy
that's changing the way that money operates. What do I mean? Well, number one, the United States is now becoming a shareholder in our economic system. Over the last 12 to 18 months, President Trump and the White House have invested into a number of different companies in the public stock market.
Why? Because as a result of the tariffs that we've been talking about, we have seen a lot of supply chain changes. For example, in order to build iPhones, in order to build missiles,
in order to run our economy, we need something called rare earth metals. Where did we get these rare earth metals before? China. China is the world's producer of these rare earth metals.
Well, when the United States put all these tariffs on China, China responded by saying, okay, no rare earths for you, United States. and what we didn't realize and I know that we didn't realize this because one of my analysts in my firm
was invited to a congressional summit on rare earths so he was in the White House area the congressional buildings and they were talking about how the new changes in the rare earth supply chain
are coming as a shock to the United States because a lot of people in the United States including the White House did not realize how reliant we were on those rare earths including our military we didn't realize to what extent
we were relying on rare earths from China to produce our missiles well that's why then the Trump administration started investing huge sums of money not just into rebuilding the supply chain
but into private companies trading on the stock market that are involved in rare earths because the government needs now these rare earths to be produced outside of China that way we can continue running our military
and our economy but that's not the only one China is becoming a big competitor to the United States in many ways, the economy and artificial intelligence, or two to pay attention to.
And so along with that, as the United States is trying to become more independent from China, the United States wants to be able to compete with China when it comes to things like semiconductors. We've seen the United States also invest in semiconductor companies into chips
to be able to produce more of these memory hardware chips AI stuff here in the United States So we starting to see the United States now directly invest into private companies on the stock markets Well what does that mean Well the United States has a pretty big pocketbook
because they can work with the Fed to print that money. So, it's probably going to be good for investors. Something you want to pay attention to. That's not all. You want to pay attention to energy.
AI is amazing. If you don't use AI, I highly recommend you do it. But there is a cost to AI, one of those costs is energy and electricity. Data centers are a huge energy suck.
And our energy grid has not been updated to be able to serve the growing demand of AI. Because for the last 50 years, we haven't really seen a huge surge of new energy usage.
And now with AI exploding, just over the last few years, because remember, Cat CGT was released in November of 2022. So we're talking about just a few years of real growth in AI.
With the growth in AI, we've seen an explosion in the amount of energy and electricity that AI companies need. But our energy grid, our electrical grid, has not kept up.
and so as the energy and electrical grid have kind of become older now we have all this need for energy but our energy grid is not keeping up which is one of the reasons why energy prices have been going up as well
while at the same time we're also seeing the impacts of the tax cut bill President Trump signed a very large tax cut bill back in 2025 which the idea was
the United States will be collecting less taxes per person to allow each people to have more dollars in their pocket. The goal will then be to have people spend more money,
have businesses spend more money because they have more profit. That way we can stimulate the economy even more so we can outgrow our national debt. Again, what will happen, we don't know. But these are the things that you want to pay attention to
because right now we're seeing a lot of changes happen in the economy. We're seeing changes happen with what President Trump wants to do. And the reason why you want to pay attention to the government as an investor is because as an investor, you want to put your money where the money is moving.
You don't want to put your money where the money already was. Which means you want to pay attention to the flow of money. Well, the largest spender in our economy is not me or you. It's not Nvidia or Tesla or SpaceX.
It is the United States government. and when President Trump says something like a potential $5,000 dividend or stimulus check or $2 gas or something else,
you want to pay attention. Sometimes it's going to be not very feasible, but you want to pay attention to what the government is potentially thinking about doing because within some of that noise is you can see where money is moving
and if you can identify that, that can help you find investment opportunities to grow your wealth. One of the things that I've learned in life is that oftentimes the things you don't pay attention to end up mattering the most.
And that's why I want to talk to you about life insurance for that sponsor policy genius. Because if you don't have the asset to live off of yet, if something tragically happened to you, the last thing you want is now your spouse and your family
trying to struggle to survive financially, and that's where term life insurance can come into play. Now, I'm talking about term life insurance here, not whole life insurance. The whole idea with term life insurance is it's life insurance for a period of time.
10 years, 20 years, 30 years. That way you can work to build your asset. It is a lot cheaper than whole life insurance because the whole idea is you're not here trying to get rich off your life insurance. It's just there as a bridge until you can build your asset.
This is one of those things where the earlier you start, the cheaper it is. Because if you're a healthy 30-year-old guy, you could potentially get a half a million dollar term life insurance policy for less than a dollar a day. So if you have any questions, you want to learn more about term life insurance, or you want to see how much a term life insurance policy would actually cost you, I'll put a link to Policy Genius's forum down in the description. It only takes a few minutes to complete, and I'll give you an actual quote on how much term life insurance will actually cost you, and I have that link for you down in the description.
So what we're talking about in this video is that President Trump is promising $5,000 dividend checks plus $2 gas should Republicans win the midterms.
The reason why you want to pay attention to this is because this could have a direct impact on your money. Not just because of a stimulus check, but of the cost of the stimulus check. Because President Trump says the money would come from tariffs. But we know that tariffs are not producing enough revenue to fund a $5,000 stimulus check.
which means some of that money would have to be borrowed and if it has to be borrowed some of that money has to be printed which means it would create more inflation during a time where inflation is already a problem.
The reason why that's such a big deal is because today the Federal Reserve Bank is facing a dilemma of do we raise interest rates to fight inflation and save the dollar or do we cut interest rates to stimulate the economy but potentially make inflation worse.
President Trump wants to see lower interest rates but the Federal Reserve Bank might want to save the dollar. And this is where we don't know what's going to come next in the economy, but you want to pay attention to this because, well, a lot of things are changing.
Oil prices are still high. That is having an impact on day-to-day spending. It makes gas more expensive. It makes groceries more expensive. And so as an investor, you want to understand where money is moving because if you can find where money is moving,
that's where you can find the best opportunities. If you got value out of this video, the best thank you is a referral. So if you could please share this video with a friend, family member, colleague or fellow investor. That way we can continue to spread this type of financial education.
Thank you.