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PBD | Patrick Bet-David | BIDENOMICS WORKS EVERYONE
2 years ago
48
PBD | Patrick Bet-David | BIDENOMICS WORKS EVERYONE
Inflation is still happening even if the Rate of Inflation has slowed down. Now this transient inflation is solidly imbedded. Fuel is up, labor is up, rates are up, etc. All of that get passed on to the consumer. The spiral is going to keep rolling. No borrowing cost across the board are up. The government is spending trillions of borrowed dollars on things that lose trillions of dollars. Productivity and growth are dwindling
#pbdpodcast #biden #controversy #mortgage #economy #bidenomics
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