the question is how long does it last and if you think it doesn t last long you re in the market-buying stocks. neil: you think about it, david, inflation can only last as long as average folks are willing to pay more for the goods that have been running up. is there a point where they don t and are you worried about that? that s a great point. you know, asset inflation, markets don t necessarily have a problem with asset inflation but consumers have a problem with inflation when it comes to the ordinary goods that they use every day and the whole point of the fiscal policy and easing the monetary policy during the pandemic was to make lives better for the average american and inflation hits them the hardest and we don t know what s going to happen but i m sure there are a lot of people at the fed right now who are looking at this, you know, very closely to make sure that doesn t happen because that that will be a problem. it ll affect the people that you re trying to protect the m
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happening here. their required to file revenue, property loss and assets including liability like debt. and those numbers are absolutely reliable and it shows the trump golf courses are losing money. would you pay $50 million or as donald claims for one of them $200 million for a golf course that loses money? a golf course would create 600,000 he s violating the law but the only people that can enforce that law is the president himself or his attorney specific bill barr. this is alexandria ocasio-cortez, a very intriguing division she had for michael cohen back when he was testifying before her committee in february. take a listen. i want to ask a little bit about your conversation with my colleague from missouri about asset inflation. to your knowledge did the president ever provide inflated assets to an insurance company? yes. so you re saying that that is
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presidential harassment. president trump long warning that investigators would be crossing red lines if they started looking into his finances and his family. well, we are over that red line. trump not only has to deal with the, you know, the very broad set of requests for information from the house judiciary committee. tonight we are learning that a new york state government agency is opening an investigation into the trump organization s insurance practices. that nine-page subpoena sent to the company s insurance broker, looking into the possibility of fraud and asset inflation. last week during his congressional testimony, trump s former lawyer and fixer michael cohen said he accused trump s company of doing just that. and now michael cohen is back again tomorrow. he ll be answering more questions behind closed doors before the house intelligence committee. the chairman of the committee responding tonight to the president s tweet accusing democrats of overreaching and obstructin
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