Is the U.S. already in a recession? Former Federal Reserve insider Danielle DiMartino Booth says net job destruction began in Q2 2024, meaning the economy has been contracting for over a year despite what the Fed is telling you. In this Ask the Expert episode, Danielle joins Craig Hemke to reveal the truth about the labor market, the 24 downward payroll revisions in the last 30 months, and the real headcount data that points to ongoing economic weakness. She discusses the political pressure on Jerome Powell, the growing calls for a 50 basis point rate cut in September 2025, and why dissent at the FOMC is at historic highs. Danielle also warns about the dangers of increased Fed–Treasury cooperation, the risk of hyperinflation, potential threats to the U.S. dollar, and the possibility of market turmoil if retirees are forced to liquidate stocks. Most importantly for investors, she shares why these conditions are bullish for gold in a time of economic and political uncertainty.