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you have to cut that in four. this is not a huge savings if you combine it with the states if they come along and if you combine it with some rebates maybe that starts to help. i think the administration is trying to put on a good face. dylan? s i feel a little bit i fel a little bit of sympathy for whoever has the misfortune of being the president, the lead political party, the treasury secretary at any time when you have a massive inflation crisis. you re in a situation where the medicine, the thing think of it as cancer, a terrible metaphor, but inflation is a cancer, it is decaying all the value of anything you do and so the medicine, the chemotherapy is i have to stop demand, i have to reduce the velocity of demand so i raise interest rates, people will spend less money on credit cards, they will buy fewer houses, oil is getting jammed for 1,000 reasons not the
a lot of things that you can control and that this is an opportunity actually to take control of those things. dylan ratigan, jean, thanks so much for being here. we will speak with the lawyer for the two georgia election workers who were targets of the lies from trump world. plus we will be joined by the family of amerie jo garza after their latest plea for change. he failed us. do not make the same mistake he made and fail us, too. please, please, we re begging. get this man out of our lives.
losing faith that the federal reserve has the ability to execute. people are starting to if you ve been watching the headlines as you know you have, people are piling on jay powell at this point and wondering too late? too far? it s a precarious position and the ability to land this plane softly is completely in doubt. i know people are watching this, then, saying, dylan, jean, what you re saying sounds really concerning, you re making me nervous, what do i do? you control the things that you can control, especially in an environment like this. so we re talking about gas prices. i can t control that, but i can control going out of my house to run errands five times a day versus bunching them and going out one time a day. i can t control the price of milk, but i can control the fact that, hey, during the pandemic i got really good at menu planning, i got really good at grocery shopping once a week and
cooking and i can bring my costs down in that way. i know it sounds like, you know, boring, your grandmother said this, but these are the things that we actually can do that work. my grandmother never said anything boring, trust me, if you knew her. dylan, you talked about unemployment and i don t want to let that hang because larry summers among other people are saying one of the ways this may end the inflation is if unemployment goes occupy. that is tough to hear. explain why that s so. again, so whatever the price of gas is or the price of the mortgage is or the price of groceries are, it s all much more endureable, sustainable, if you have a job. so maybe you save less money, maybe you have a little bit more credit card debt but there s still cash flow, personal cash flow from work. so you re just enduring you re reallocating perhaps whatever the dollar a week or whatever i will just use a dollar and how that gets spent, but if fewer people have any dollars coming in so the
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