# Ratings on The No Agenda Show

Ratings comes up in 626 chapters across 503 episodes of The No Agenda Show, from November 2007 to October 2026.

- **Chapters:** 626
- **Episodes:** 503
- **Discussed:** November 2007 – October 2026
- **Related topics:** [Interest Rates](https://search.noagendashow.net/topic/interest-rates.md), [Federal Reserve](https://search.noagendashow.net/topic/federal-reserve.md), [Donald Trump](https://search.noagendashow.net/topic/donald-trump.md), [Cnn](https://search.noagendashow.net/topic/cnn.md), [Mortality Rates](https://search.noagendashow.net/topic/mortality-rates.md), [Crime Rates](https://search.noagendashow.net/topic/crime-rates.md), [Barack Obama](https://search.noagendashow.net/topic/barack-obama.md), [Inflation](https://search.noagendashow.net/topic/inflation.md), [Cdc](https://search.noagendashow.net/topic/cdc.md), [Msnbc](https://search.noagendashow.net/topic/msnbc.md)

## Chapters 1–20 of 626

### Commercial Real Estate Crisis and Consumer Savings Depletion

- **Episode:** [1908: Chivatican](https://search.noagendashow.net/episode/1908-chivatican.md)
- **Published:** 2026-10-01
- **Time:** 43:11–46:03
- **Transcript:** https://search.noagendashow.net/episode/1908-chivatican/chapter/commercial-real-estate-crisis-and-consumer-savings-depletion.md

Analysts on CNBC warn of a "wall of refinancing" hitting the commercial real estate sector, with $750 billion in debt coming due in the next two years. Rising interest rates have caused property values to drop by an average of 20%, leading to fears of significant market heartache. Simultaneously, reports indicate that everyday households are increasingly drawing from investment accounts to fund checking accounts and sustain spending.

Keywords: [commercial real estate](https://search.noagendashow.net/topic/commercial-real-estate.md), [interest rates](https://search.noagendashow.net/topic/interest-rates.md), [consumer spending](https://search.noagendashow.net/topic/consumer-spending.md), [cnbc](https://search.noagendashow.net/topic/cnbc.md), investment accounts

### Private Credit Maturity and Tokenization of Equities

- **Episode:** [1908: Chivatican](https://search.noagendashow.net/episode/1908-chivatican.md)
- **Published:** 2026-10-01
- **Time:** 46:04–49:33
- **Transcript:** https://search.noagendashow.net/episode/1908-chivatican/chapter/private-credit-maturity-and-tokenization-of-equities.md

Andrew Horowitz discusses the pressure on private credit deals predicated on low interest rates that are now facing maturity at 8% or 9%. He critiques Treasury Secretary Scott Bessent's bond-buying strategies as "crisis talk" that has failed to stabilize the market. The segment also explores Robinhood's move toward tokenizing equities, which Horowitz views as a redundant marketing gimmick.

Keywords: [private credit](https://search.noagendashow.net/topic/private-credit.md), [interest rates](https://search.noagendashow.net/topic/interest-rates.md), [robinhood](https://search.noagendashow.net/topic/robinhood.md), [tokenization](https://search.noagendashow.net/topic/tokenization.md), [scott bessent](https://search.noagendashow.net/topic/scott-bessent.md)

### Federal Reserve Mandates and the Data Center Bond Market

- **Episode:** [1907: One Shotted](https://search.noagendashow.net/episode/1907-one-shotted.md)
- **Published:** 2026-09-27
- **Time:** 51:13–54:00
- **Transcript:** https://search.noagendashow.net/episode/1907-one-shotted/chapter/federal-reserve-mandates-and-the-data-center-bond-market.md

The Federal Reserve is struggling to control inflation caused by massive capital inflows into AI data center buildouts. Investors are increasingly favoring high-yield corporate bonds and data center loans over riskier venture capital or IPOs. This shift in capital allocation is driving up interest rates as the Treasury competes with the private bond market.

Keywords: [federal reserve](https://search.noagendashow.net/topic/federal-reserve.md), [interest rates](https://search.noagendashow.net/topic/interest-rates.md), [bonds](https://search.noagendashow.net/topic/bonds.md), [venture capital](https://search.noagendashow.net/topic/venture-capital.md), [data centers](https://search.noagendashow.net/topic/data-centers.md)

### AI Impact on Financial Services Hiring

- **Episode:** [1900: Trust The Plan](https://search.noagendashow.net/episode/1900-trust-the-plan.md)
- **Published:** 2026-09-03
- **Time:** 1:17:56–1:20:29
- **Transcript:** https://search.noagendashow.net/episode/1900-trust-the-plan/chapter/ai-impact-on-financial-services-hiring.md

Hiring in the financial services sector has reached its lowest rate since 2011, suggesting that enterprise AI may be starting to displace white-collar roles like banking analysts. While some view this as a "doomer" scenario, others see it as a boom for productivity, with firms using tools like Claude to replace expensive legacy software packages from major consultants.

Keywords: financial services, [banking](https://search.noagendashow.net/topic/banking.md), hiring rates, white-collar jobs, [mckinsey](https://search.noagendashow.net/topic/mckinsey.md), ernst & young, [productivity](https://search.noagendashow.net/topic/productivity.md)

### Treasury Buybacks, Scott Bessent's Market Strategy

- **Episode:** [1897: Caconian](https://search.noagendashow.net/episode/1897-caconian.md)
- **Published:** 2026-08-23
- **Time:** 1:11:37–1:15:32
- **Transcript:** https://search.noagendashow.net/episode/1897-caconian/chapter/treasury-buybacks-scott-bessent-s-market-strategy.md

Treasury advisor Scott Bessent is implementing a strategy to lower interest rates by increasing the size of government bond buybacks. The goal is to signal that current yields do not reflect underlying fundamentals, which have been distorted by massive corporate bond issuance for AI projects. The hosts explain how the Treasury is using short-term T-bills to fund these operations.

Keywords: [scott bessent](https://search.noagendashow.net/topic/scott-bessent.md), treasury buybacks, t-bills, [interest rates](https://search.noagendashow.net/topic/interest-rates.md), corporate bonds

### Dollar Debasement, National Debt Growth Strategy

- **Episode:** [1897: Caconian](https://search.noagendashow.net/episode/1897-caconian.md)
- **Published:** 2026-08-23
- **Time:** 1:19:10–1:22:26
- **Transcript:** https://search.noagendashow.net/episode/1897-caconian/chapter/dollar-debasement-national-debt-growth-strategy.md

The hosts argue that the Treasury's market interventions lead to the debasement of the U.S. dollar and a loss of purchasing power for citizens. Scott Bessent suggests the U.S. must "grow its way out" of the $40 trillion national debt through a global growth strategy and fiscal consolidation. Adam Curry notes that while mortgage rates are rising, the real issue is that wages are not keeping pace with inflation.

Keywords: dollar debasement, [national debt](https://search.noagendashow.net/topic/national-debt.md), [purchasing power](https://search.noagendashow.net/topic/purchasing-power.md), [bitcoin](https://search.noagendashow.net/topic/bitcoin.md), [mortgage rates](https://search.noagendashow.net/topic/mortgage-rates.md)

### Bernstein Private Wealth, Stablecoin Interest Incentives

- **Episode:** [1897: Caconian](https://search.noagendashow.net/episode/1897-caconian.md)
- **Published:** 2026-08-23
- **Time:** 1:30:07–1:33:28
- **Transcript:** https://search.noagendashow.net/episode/1897-caconian/chapter/bernstein-private-wealth-stablecoin-interest-incentives.md

Roosevelt Bowman of Bernstein Private Wealth compares the Treasury's buyback efforts to holding a beach ball underwater, noting that yields often pop back up once the intervention stops. The hosts discuss how stablecoin companies make massive profits by keeping the interest on the T-bills that back their coins, potentially offering "points" or rewards to users under the new Clarity Act.

Keywords: roosevelt bowman, bernstein private wealth, [clarity act](https://search.noagendashow.net/topic/clarity-act.md), [interest rates](https://search.noagendashow.net/topic/interest-rates.md), points

### National Debt Reaches 40 Trillion and Quantitative Easing

- **Episode:** [1896: Just Dew It](https://search.noagendashow.net/episode/1896-just-dew-it.md)
- **Published:** 2026-08-20
- **Time:** 57:36–1:00:37
- **Transcript:** https://search.noagendashow.net/episode/1896-just-dew-it/chapter/national-debt-reaches-40-trillion-and-quantitative-easing.md

The United States federal debt has reached a record $40 trillion, increasing by $1 trillion in the last five months alone. Rising costs for Social Security and Medicare, combined with tax cuts and pandemic relief bills like the One Big Beautiful Bill Act of 2025, are cited as primary drivers. The Treasury has reportedly begun purchasing back bonds, a move the hosts discuss as a form of debt monetization or quantitative easing to lower long-term interest rates.

Keywords: [national debt](https://search.noagendashow.net/topic/national-debt.md), [social security](https://search.noagendashow.net/topic/social-security.md), [medicare](https://search.noagendashow.net/topic/medicare.md), [quantitative easing](https://search.noagendashow.net/topic/quantitative-easing.md), [treasury](https://search.noagendashow.net/topic/treasury.md), [interest rates](https://search.noagendashow.net/topic/interest-rates.md)

### Alexandria Ocasio-Cortez, Defund the Police Rhetoric Shift

- **Episode:** [1895: XY You're Out](https://search.noagendashow.net/episode/1895-xy-you-re-out.md)
- **Published:** 2026-08-16
- **Time:** 23:54–28:53
- **Transcript:** https://search.noagendashow.net/episode/1895-xy-you-re-out/chapter/alexandria-ocasio-cortez-defund-the-police-rhetoric-shift.md

Alexandria Ocasio-Cortez (AOC) appeared on ABC News to discuss the evolution of the "woke" movement and her previous support for defunding the police. She characterized her past positions as "rhetoric" from a unique period during the COVID-19 lockdowns. The hosts argue that AOC and the DSA still fundamentally believe in abolishing prisons and the presidency despite changes in public messaging.

Keywords: [aoc](https://search.noagendashow.net/topic/aoc.md), [defund the police](https://search.noagendashow.net/topic/defund-the-police.md), [abc news](https://search.noagendashow.net/topic/abc-news.md), [covid-19](https://search.noagendashow.net/topic/covid-19.md), [incarceration](https://search.noagendashow.net/topic/incarceration.md), [crime rates](https://search.noagendashow.net/topic/crime-rates.md), [rhetoric](https://search.noagendashow.net/topic/rhetoric.md)

### Naomi Wolf, New York City mRNA "Zombie" Theory

- **Episode:** [1894: Fever Concerns](https://search.noagendashow.net/episode/1894-fever-concerns.md)
- **Published:** 2026-08-13
- **Time:** 23:24–27:49
- **Transcript:** https://search.noagendashow.net/episode/1894-fever-concerns/chapter/naomi-wolf-new-york-city-mrna-zombie-theory.md

Author Naomi Wolf describes a "missing vibe" and a "zombie-like quality" in the population of New York City following mass mRNA injections. She attributes this perceived loss of human energy and magnetism to the effects of lipid nanoparticles on the body. The hosts corroborate this observation, noting a change in the city's pace and social connectivity, while also mentioning plummeting birth rates.

Keywords: [naomi wolf](https://search.noagendashow.net/topic/naomi-wolf.md), [mrna](https://search.noagendashow.net/topic/mrna.md), [new york city](https://search.noagendashow.net/topic/new-york-city.md), [lipid nanoparticles](https://search.noagendashow.net/topic/lipid-nanoparticles.md), [zombie apocalypse](https://search.noagendashow.net/topic/zombie-apocalypse.md), [birth rates](https://search.noagendashow.net/topic/birth-rates.md)

### History of Dial-Up Modems, Baud Rates and Tech Wars

- **Episode:** [1894: Fever Concerns](https://search.noagendashow.net/episode/1894-fever-concerns.md)
- **Published:** 2026-08-13
- **Time:** 1:43:05–1:47:58
- **Transcript:** https://search.noagendashow.net/episode/1894-fever-concerns/chapter/history-of-dial-up-modems-baud-rates-and-tech-wars.md

The hosts reminisce about the evolution of modem speeds, from 300 baud acoustic couplers to 56k V.90 technology. They discuss the "modem wars" between vendors like Hayes and US Robotics and the distinct sounds associated with different connection speeds. One host recalls using a TRS-100 laptop with an acoustic coupler to file news stories from the field.

Keywords: [dial-up](https://search.noagendashow.net/topic/dial-up.md), [modems](https://search.noagendashow.net/topic/modems.md), baud rate, us robotics, hayes compatible, [trs-100](https://search.noagendashow.net/topic/trs-100.md), acoustic coupler

### Francesca Hong on Defunding the Police and Prison Suicide

- **Episode:** [1892: Kill Switch](https://search.noagendashow.net/episode/1892-kill-switch.md)
- **Published:** 2026-08-06
- **Time:** 1:57:20–2:02:24
- **Transcript:** https://search.noagendashow.net/episode/1892-kill-switch/chapter/francesca-hong-on-defunding-the-police-and-prison-suicide.md

Wisconsin gubernatorial candidate Francesca Hong is criticized for her "evolving" views on defunding the police. During an interview, she pivoted from a question about police shootings to discussing high suicide rates among incarcerated people. The "Book of Knowledge" segment confirms that suicide is a leading cause of death in American jails and prisons.

Keywords: francesca hong, [wisconsin](https://search.noagendashow.net/topic/wisconsin.md), [madison](https://search.noagendashow.net/topic/madison.md), [defund the police](https://search.noagendashow.net/topic/defund-the-police.md), [prison reform](https://search.noagendashow.net/topic/prison-reform.md), [suicide rates](https://search.noagendashow.net/topic/suicide-rates.md)

### Washington Post Fact-Checking and Trump's Misleading Claims Database

- **Episode:** [1889: Producer's Tribute to JCD](https://search.noagendashow.net/episode/1889-producer-s-tribute-to-jcd.md)
- **Published:** 2026-07-27
- **Time:** 6:02–9:35
- **Transcript:** https://search.noagendashow.net/episode/1889-producer-s-tribute-to-jcd/chapter/washington-post-fact-checking-and-trump-s-misleading-claims-database.md

An analysis of the Washington Post database tracking over 16,000 "false or misleading claims" by Donald Trump reveals what the hosts characterize as subjective nitpicking. Specific examples include disputes over whether the unemployment rate was the best in 50 or 51 years and whether job growth should be measured from the election or the inauguration. The practice is dismissed as "ant-fucking" rather than substantive journalism.

Keywords: [washington post](https://search.noagendashow.net/topic/washington-post.md), [donald trump](https://search.noagendashow.net/topic/donald-trump.md), [fact-checking](https://search.noagendashow.net/topic/fact-checking.md), [unemployment rate](https://search.noagendashow.net/topic/unemployment-rate.md), [job growth](https://search.noagendashow.net/topic/job-growth.md)

### Federal Reserve Chairman Kevin Warsh, Al Green Interrogation

- **Episode:** [1886: Cytoshitosis](https://search.noagendashow.net/episode/1886-cytoshitosis.md)
- **Published:** 2026-07-16
- **Time:** 43:18–53:06
- **Transcript:** https://search.noagendashow.net/episode/1886-cytoshitosis/chapter/federal-reserve-chairman-kevin-warsh-al-green-interrogation.md

Federal Reserve Chairman Kevin Warsh appeared before a House committee where Representative Al Green questioned him about "speculative bubbles" and the President's meme coin. Green expressed concern that lowering interest rates would facilitate risky financial behavior. Warsh maintained that the Federal Reserve remains an independent central bank focused on data rather than political pressure.

Keywords: [kevin warsh](https://search.noagendashow.net/topic/kevin-warsh.md), [al green](https://search.noagendashow.net/topic/al-green.md), [federal reserve](https://search.noagendashow.net/topic/federal-reserve.md), speculative bubbles, [interest rates](https://search.noagendashow.net/topic/interest-rates.md), [meme coins](https://search.noagendashow.net/topic/meme-coins.md)

### Three By Three Experiment, CBS Evening News Critique

- **Episode:** [1885: Adult Day Care](https://search.noagendashow.net/episode/1885-adult-day-care.md)
- **Published:** 2026-07-12
- **Time:** 41:03–45:11
- **Transcript:** https://search.noagendashow.net/episode/1885-adult-day-care/chapter/three-by-three-experiment-cbs-evening-news-critique.md

The "Three By Three" experiment evaluates the opening segments of major news networks, starting with the lowest-rated program, CBS Evening News. Guest host Major Garrett's coverage of Missouri floods and Royal family news is criticized as ineffective and boring. The failure of the network is partially attributed to the leadership of Barry Weiss, who is described as a writer lacking broadcast expertise.

Keywords: [cbs news](https://search.noagendashow.net/topic/cbs-news.md), [major garrett](https://search.noagendashow.net/topic/major-garrett.md), [barry weiss](https://search.noagendashow.net/topic/barry-weiss.md), [ratings](https://search.noagendashow.net/topic/ratings.md), [broadcast journalism](https://search.noagendashow.net/topic/broadcast-journalism.md)

### ABC World News Tonight, Breaking News Strategy

- **Episode:** [1885: Adult Day Care](https://search.noagendashow.net/episode/1885-adult-day-care.md)
- **Published:** 2026-07-12
- **Time:** 48:00–57:51
- **Transcript:** https://search.noagendashow.net/episode/1885-adult-day-care/chapter/abc-world-news-tonight-breaking-news-strategy.md

ABC World News Tonight with David Muir is identified as the ratings leader due to its aggressive use of the "Breaking News" label. The program's opener featured a flight instructor jumping from a plane, Iranian drone intercepts, and a charging bear. Consultants reportedly advise networks to lead with "Breaking News" regardless of the story's age to capture viewer attention, a tactic Muir employs multiple times per broadcast.

Keywords: [abc news](https://search.noagendashow.net/topic/abc-news.md), [david muir](https://search.noagendashow.net/topic/david-muir.md), [breaking news](https://search.noagendashow.net/topic/breaking-news.md), [consultants](https://search.noagendashow.net/topic/consultants.md), [ratings](https://search.noagendashow.net/topic/ratings.md), broadcast strategy

### Gigawatt Coffee, ImageMakers and International Exchange Rates

- **Episode:** [1881: Cow Cartel](https://search.noagendashow.net/episode/1881-cow-cartel.md)
- **Published:** 2026-06-28
- **Time:** 2:24:20–2:29:00
- **Transcript:** https://search.noagendashow.net/episode/1881-cow-cartel/chapter/gigawatt-coffee-imagemakers-and-international-exchange-rates.md

Eli the Coffee Guy and Linda Lou Patkin provide updates on their respective businesses, Gigawatt Coffee and ImageMakers Inc. A donor from Queensland, Australia, notes the poor exchange rate, where $200 USD equals over $303 AUD. The segment concludes with Jason Chapman achieving knighthood through a "layaway" plan of consistent weekly donations since 2022.

Keywords: [gigawatt coffee](https://search.noagendashow.net/topic/gigawatt-coffee.md), [imagemakers](https://search.noagendashow.net/topic/imagemakers.md), [australia](https://search.noagendashow.net/topic/australia.md), [exchange rate](https://search.noagendashow.net/topic/exchange-rate.md), [knighthood](https://search.noagendashow.net/topic/knighthood.md), [layaway](https://search.noagendashow.net/topic/layaway.md)

### Institutional Pressure for LGBTQ Representation in Media

- **Episode:** [1878: Dream Build Loop](https://search.noagendashow.net/episode/1878-dream-build-loop.md)
- **Published:** 2026-06-18
- **Time:** 1:54:29–1:58:38
- **Transcript:** https://search.noagendashow.net/episode/1878-dream-build-loop/chapter/institutional-pressure-for-lgbtq-representation-in-media.md

There is a perceived increase in gratuitous LGBTQ representation in streaming series on platforms like Netflix and Amazon Prime. This trend is attributed to institutional pressure from advocacy groups like GLAAD to normalize specific behaviors, which some sociologists link to broader shifts in cultural programming and declining birth rates.

Keywords: [glaad](https://search.noagendashow.net/topic/glaad.md), [netflix](https://search.noagendashow.net/topic/netflix.md), [amazon prime](https://search.noagendashow.net/topic/amazon-prime.md), lgbtq representation, [birth rates](https://search.noagendashow.net/topic/birth-rates.md)

### iPhone Impact on US Fertility Rates and Digital Shopping

- **Episode:** [1876: Screwball](https://search.noagendashow.net/episode/1876-screwball.md)
- **Published:** 2026-06-11
- **Time:** 1:19:16–1:23:07
- **Transcript:** https://search.noagendashow.net/episode/1876-screwball/chapter/iphone-impact-on-us-fertility-rates-and-digital-shopping.md

A study from the National Bureau of Economic Research suggests the 2007 introduction of the iPhone correlates with a 33% to 52% decline in U.S. fertility rates through 2011. Researchers attribute the decline to less in-person interaction, increased pornography consumption, and lower sexual frequency. Additionally, shoppers are increasingly observed as "phone zombies" using digital apps in grocery stores.

Keywords: [iphone](https://search.noagendashow.net/topic/iphone.md), [apple](https://search.noagendashow.net/topic/apple.md), [fertility rates](https://search.noagendashow.net/topic/fertility-rates.md), national bureau of economic research, [pornography](https://search.noagendashow.net/topic/pornography.md), [instacart](https://search.noagendashow.net/topic/instacart.md)

### Risk-Benefit Ratio, Excess Mortality in Germany

- **Episode:** [1863: Nekkidly](https://search.noagendashow.net/episode/1863-nekkidly.md)
- **Published:** 2026-04-26
- **Time:** 1:19:21–1:20:58
- **Transcript:** https://search.noagendashow.net/episode/1863-nekkidly/chapter/risk-benefit-ratio-excess-mortality-in-germany.md

Mathematician Robert Rockenfeller estimates that for every severe case of COVID-19 prevented by the vaccine, there are 25 severe side effects. Data shows that age-adjusted mortality in Germany rose significantly between 2021 and 2022, contradicting the expected decline if the vaccine had a positive risk-benefit ratio. Courts in Germany are currently seeing numerous lawsuits from vaccine-injured individuals seeking compensation.

Keywords: [pfizer](https://search.noagendashow.net/topic/pfizer.md), [mortality rates](https://search.noagendashow.net/topic/mortality-rates.md), university of koblenz, [vaccine injury](https://search.noagendashow.net/topic/vaccine-injury.md), [germany](https://search.noagendashow.net/topic/germany.md)

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