INFLATION Winners and Losers: LIVE With 76research's Trish Regan, Rob Hordon

Trish Regan and Rob Hordon, Co-Founders of 76research, have a wide-ranging discussion centered on the economic policies that have caused America's inflation crisis. Lavish fiscal spending and easy monetary policies set the stage for massive cost of living increases. Asset owners--people who own stocks and real estate--have benefited, while everyday Americans and younger people struggle to make ends meet. They take a look at harsh criticism of the Federal Reserve coming from Presidential candidate Robert F. Kennedy, Jr. and assess his proposed solutions. Meanwhile, Biden's Chair of the Council of Economic Advisers, Jared Bernstein, seemed completely unfamiliar with how our government even finances itself in a recently aired video clip. Trish and Rob comment on how an individual with his lack of training could end up in such an important position. With unqualified people in crucial advisory roles, it's perhaps no surprise that legendary investor Stan Druckenmiller gave Bidenomics an "F" in a recent interview. Trish and Rob address his main points. This leads into a discussion of MMT (Modern Monetary Theory)--a relatively new academic theory that encourages direct financing of government spending by central banks. Trish and Rob explain how flawed and ultimately dangerous this concept is, along with other proposed "innovations" to our monetary system, like a digital dollar. #inflation #biden #federalreserve #rfkjr #trishregan #digitaldollar #bidenomics #hyperinflation #stagflation #incomeinequality

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