Kennedy: Inflation Is a Lot More Important Right Now than a Meme
‘You practically have to arrange a bank loan to fill up your gas tank’
EXCERPT:
KENNEDY: "Well, clearly, Jesse, inflation is a lot more important right now to the average American than a meme. One of the toughest parts of being a bartender, I am told, is figuring out who is drunk and who is just stupid. And I feel a little bit like a bartender in trying to figure out the Biden administration and inflation. On the one hand, inflation is waterboarding the American people. You practically have to arrange a bank loan to fill up your gas tank. What’s causing it? As any economist with a pulse will tell you, President Biden is spending too much money and he's borrowing too much money. That’s the classic definition of inflation. Too much money chasing too few goods.”
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