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inflation. trillion dollar spending programs. spending money that the government doesn t have. that s called deficit spending. the way that they manufacture, the way they make the balances, the books balance is by getting the fed to buy up all the debt that s being issued by the treasury department in order to buy up the debt the fed prints money. that s why the nation is awash in cash. the more cash you have, that means each individual dollar you have is worth less. we are thinking of spending a trillion dollars more in terms of the build back better plan. the president says that s going to lower inflation. most people say that s nuts. gillian: the other thing that the white house blames the problem on is supply chain crunch. the council of economic advisors said a couple hours ago that that was the core of the issue. take a listen to what else he said. one of the things we like to point out in that regard, if you look at people s incomes, they

Spending moneyDeficit spendingDollar spending programsDoesnt haveFed prints moneyGillian turnerJoe bidenWhite houseSupply chain crunch