inflation

“I would dispute for it based on, from what I've seen, the stimulus was the major cause of inflation, but I think that's probably another conversation.”

“At this point, I think demand destruction, which is the federal reserve's policy is the only thing that is going to quote unquote work. Because I don't think any plan, I don't think either party really has a political incentive to do exactly what I'm talking a…”

“They never said it, but that was the explicit policy aim. We need to crash this economy to get people back to their jobs. It's crazy. I mean, it didn't work. They weren't able to do it, thank God. We got inflation down anyway despite their efforts”

“Biden was old and inflation was high. It gets you, like, 85% of the way there, the causal story, and I think if you look across basically every democracy holding elections in the post-COVID age of inflation, the penalty against incumbency was, like, high range…”

“The threat of tariff-driven inflation will lead the Fed to keep interest rates higher a little longer, as we just saw with Powell.”