Inflation & How We're Being Deceived – Tom Wheelwright & Ryan Bourne

Join Tom Wheelwright as he discovers whether business or the government is the root cause of inflation with guest and author of "The War on Prices" - Ryan Bourne. Ryan A. Bourne occupies the R. Evan Scharf Chair for the Public Understanding of Economics at the Cato Institute and is a columnist for The Times (UK). He has written on a variety of economic issues, including fiscal policy, inequality, price and wage controls, and infrastructure spending, and is the author of Economics in One Virus: An Introduction to Economic Reasoning through COVID-19. He has extensive broadcast and print media experience and has appeared on CNN, CNBC, BBC News, Sky News, and Fox Business Network.

In this episode, learn more about our macroeconomic policies and how they affect our microeconomic situations for ourselves and our business; and get a deeper look at the complexities of inflation so you can midigate its impact in the election and years to come.

Order Tom’s book, “The Win-Win Wealth Strategy: 7 Investments the Government Will Pay You to Make” at: https://winwinwealthstrategy.com/

00:00 – Intro.
03:05 – Imbalance of supply & demand equals inflation.
06:48 – The Pandemic: What was the breaking point?
09:25 – The bigger story behind monetary policy.
11:39 – What kept inflation low during the financial crisis of 2008-2010? 14:24 – Does consumer spending impact inflation differently than investment spending?
17:17 – How do businesses combat the misinformtion and prejudice against small business?
23:17 – The future of taxes and its impact on the market, inflation, and economy.

Tom Wheelwright, #CPA is a Best-Selling Author, Entrepreneur & Worldwide Authority on Tax. https://wealthability.com/tom/

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Looking for more on Ryan Bourne?
Website: https://www.cato.org/people/ryan-bourne, https://www.cato.org/books/war-prices Books: “The War on Prices"
X / Twitter: / mrrbourne Substack: https://ryanbourne.substack.com/

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The content presented here is based on the speaker's personal opinions and research, which may not always be accurate or up-to-date. Financial markets and investments carry inherent risks, and individuals should conduct their own research and seek professional advice before making any financial decisions.