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Transcripts for FOXNEWS Fox News Live 20211212 18:20:00

most expensive christmas ever. there are some who argue pumping trillions into the economy is a bad move. how do you respond? well, there s no doubt inflation is hurting families right now in america, and it s a tough time to be going through it, you know, near the holidays when we want to buy things and have nice celebrations. but here s the thing, the inflation is on us because we re coming out of a pandemic. it s not just the united states. it s all over. wholesale prices in japan are way up, fuel prices in japan are up, european union in november had, i think, the biggest spike in inflation they ve ever had since the inception of the european union. so it s not just america. this is the world coming out of the pandemic, and we ve seen it before. because every time we come out of a big war, particularly world ét 2ñá& out of those wars and the economy started up again, you know, you have the pent-up

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