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after the pandemic. now, what did they do to cause inflation? >> sandra: spend a hell of a lot of money. >> that's correct. they passed the trillion dollar spending bill which was chasing an economy that was already strong, and a covid that was already coming down. what they did was they jammed demand, government spending -- a lot of that stuff was checks in your bank account. that's what they did, and that is why you had too many people chasing too a few goods, too much demand, not enough supply. the inflation rate started booming within only a few months. this is what they missed. >> sandra: and it was ignored and denied for a long time. >> this was a tremendous mistake on their part. they even disregarded some good democratic economists, although they weren't living in the white house. i'm just saying, yeah, the top line today was good, that you know what? it was the worst top line. it was the worst good report of ever seen. >> sandra: more at 4:00.

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