Tucker gets real about why we’re seeing this inflation and why it’s about to get worse. Highlights include:
“There’s no greater divide in American life than the gap between people who care about what gas costs and the people who don’t care. It’s a cultural divide, obviously, a chasm of class economics and geography, those who take Uber vs those who drive their own cars.”
“But it’s also deeper than that. On some level, the divide is about usefulness.”
“To self-righteous co-eds like Jen Psaki, these are not real concerns. They’re just more bitching from a peasant class that doesn’t understand what’s good for them. In the end they’ll accept it, they’ll have to, just as they’ll have to accept inflation as a permanent feature of the American economy.”
“It’s not transitory, like they told us.”
“Bottom line, economists have not measured inflation like what we’re seeing now in decades. So, the question is, why is it happening? Lots of obfuscation on that question, but it’s pretty obvious.”
“Like rising energy prices, inflation is not an act of God. We have inflation because the geniuses in charge have put too much money into circulation.”
“It is that simple.”
“What’s it look like in political terms? Well, this is what it looks like. A total of 23 states have official inflation rates over 6½%. Of those 23, 18 of them voted for Donald Trump in the last election. Wonder why the White House isn’t worried about inflation? That’s why.”
“The administration boasts it will spend $1.75trillion and will do so without raising taxes. How do you do that? It sounds like magic. Here’s how they do it: They print the money out of nothing. So, that means 1.75 trillion new dollars dumped into the system. That new money dilutes the value of every existing dollar very much including the dollars you own because you earned them. That’s called inflation.”
Watch Tucker cuss below and drop us some truth bombs in the comments.
