Lesh
Diamond Member
- Dec 21, 2016
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Here's Stuart Varney Fox NewsMost economists aren't.So many got excited by all the promises sloe joe made.....not understanding that no nation can become truly rich by printing money.
Biden's inflation danger: Some economists sound alarm over stimulus plans
"Start with consumer prices, up 0.6% in May. Up 5% year over year -- If you strip out energy and food, the inflation rate for the past year is 3.8%. That's it, 3.8% That's not huge by any means..."
Varney continued, "It's the inflation numbers, and what I'm gonna call relatively restrained inflation numbers. You may be surprised that...The treasury yield it's at 1.519%, which does not suggest we're in for a bout of serious inflation."