Speaker unverified: belief

Transcript context

…The definition of inflation is too much money chasing too few goods. So pouring more money on top of that makes for more inflation. That’s what it does. Sure. I agree. But there’s also the definition of when do you deficit spend is when economies are headed for recessions, right, rather than when economies are doing really well that we’re under Trump and he was deficit spending, whereas Biden can at least make the argument that I ought to be deficit spending because the economy is heading for potential recession. So here’s the thing. I don’t think that the economy was actually headed for a recession. In fact, if you look at the economics statistics-…

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