Sen. Kennedy: ‘The Real Reserve Currency in the World Is a Taylor Swift Concert Ticket’

KUDLOW So just on ░░░░░░░░ inflation front getting costs ░░░░░░░░ and you re 100 ░░░░░░░░ right You know look ░░░░░░░░ two or three years ░░░░░░░░ this show I talked ░░░░░░░░ Biden s affordability crisis ░░░░░░░░ prices were rising faster ░░░░░░░░ wages So now Senator ░░░░░░░░ work through it with ░░░░░░░░ On the one hand ░░░░░░░░ can lower tax burdens ░░░░░░░░ the middle class So ░░░░░░░░ ll help pocketbooks get ░░░░░░░░ little fatter But on ░░░░░░░░ other hand I think ░░░░░░░░ things You need less ░░░░░░░░ spending You need much ░░░░░░░░ government spending to hold ░░░░░░░░ prices And I think ░░░░░░░░ Federal Reserve means much ░░░░░░░░ money printing also You ░░░░░░░░ they re part of ░░░░░░░░ problem here Now you ░░░░░░░░ disagree but I just ░░░░░░░░ I d throw that ░░░░░░░░ because I you know ░░░░░░░░ think it s a ░░░░░░░░ pronged effort Kennedy Well ░░░░░░░░ would I would agree ░░░░░░░░ the multi pronged effort ░░░░░░░░ How did we get ░░░░░░░░ inflation and these high ░░░░░░░░ Government overspent How are ░░░░░░░░ going to get out ░░░░░░░░ it We re going ░░░░░░░░ have to spend less ░░░░░░░░ The strength of the ░░░░░░░░ S dollar matters The ░░░░░░░░ S dollar is the ░░░░░░░░ s reserve currency Actually ░░░░░░░░ s probably not true ░░░░░░░░ think the real reserve ░░░░░░░░ in the world is ░░░░░░░░ Taylor Swift concert ticket ░░░░░░░░ the U S dollar ░░░░░░░░ the U S dollar ░░░░░░░░ number 2 KUDLOW OK ░░░░░░░░ If we if we ░░░░░░░░ spending interest rates will ░░░░░░░░ but we also got ░░░░░░░░ deregulate economy And we ░░░░░░░░ got to increase wages ░░░░░░░░ the only way you ░░░░░░░░ do that is to ░░░░░░░░ the economy which we ░░░░░░░░ going to do through ░░░░░░░░ reconciliation package KUDLOW No ░░░░░░░░ love that I love ░░░░░░░░ that Absolutely right Taylor ░░░░░░░░ notwithstanding.”