CNN State of the Union with Jake Tapper and Dana Bash June 4, 2024 13:25:00
Rate of inflation. and it's not a mystery as to why. big part of the reason is a massive expansion of the money supply. we've expanded the money supply the most since world war ii. and the fed continues to buy $120 billion worth of securities, pump ing that money into the economy, despite the fact that we have strong growth. so, there's no question we have serious inflation right now. there is a question about how long it lasts. and i'm just worried that the risk is high, that this is going to be with us for a while. and the fed has put itself in a position where it's going to be behind the cu...
Source: archive.org