Ep 310 | Inflation Is Worse than Economists Realize | Guest: Lydia Newman
Update: 2024-12-11
Description
Rampant inflation is making it harder for Americans to put food on the table and is one of the main drivers of the political dissatisfaction that led to Donald Trump's reelection. Yet, many economists remain bemused by the average worker's concern over rising prices. This is because many ivory tower academics are narrowly focused on their areas of study and have lost touch with the concerns of ordinary people. Matt Kibbe sits down with Lydia Mashburn Newman, managing director of monetary economics at the American Institute for Economic Research. to discuss how the Federal Reserve, coupled with reckless government spending, is the main contributor to inflation, and the need for someone like Ron Paul to go in and clean house.
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