February 9, 2024
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26:54Now PlayingWhen politicians spend money that they don't have ($34 trillion+) the Fed has to counterfeit money into existence. Everyone then has to adapt to the dollar losing value. Companies too have to adapt, by cutting costs and via "shrinkflation" (i.e., charging the same amount for less product). The companies aren't being "greedy." They're just adapting to actual greed -- politicians spending money that they do not have.
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