to go. here we are, inflation at 40-year highs. what do you make of it that they re still trying to rebrand and repackage more spending? the problem, charles, is that the inflation looks like it s going to get worse in the months ahead because of rising food prices and the price of oil went to above $90 a barrel. that s the equivalent of $4.50 at the gas pump. the worst is not over here. i think there s a direct connection, charles, between all of this massive debt spending that we ve done in the last 18 months in this build up of inflation, which is why almost no one i don t know a single economist that believes that passing more trillions of dollars of debt and more money creation would make this situation better. it would almost certainly make it worse. charles: one of the key
Dr. James Gwartney is an economics professor at Florida State University. In his 50 year career, he says this is the highest increase in money supply in the United States since World War II.
I had some fun recently with a tweet by Josh Mandel, the would-be MAGA senator from Ohio, who has declared his allegiance to fundamental American values: God, family and Bitcoin.
but that s pretty bad. the problem with the economy today is inflation is rising because of too much federal spending and too much federal reserve money creation and we don t need anymore. we have to save america by killing the bill. laura: larry, to your earlier point, i want to play this where biden hammered republicans for not supporting his massive pandemic bill. watch. i want to talk down the recovery because they voted against the legislation that made it happen. i refuse to let them stand in the way of this recovery. my focus is on keeping it strong and durable notwithstanding republican obstructionism. he is leaving out that 17 of the top 20 states in terms of the recovery are red states. where would the economy be without the red states today? that s a key point, a very important point.
Patriotic Author Has Sound Plan to Stop Foreclosures on Farmers – American Free Press americanfreepress.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from americanfreepress.net Daily Mail and Mail on Sunday newspapers.