Former US Senator Jim Talent doesn’t claim to be an economist but is well aware that we’ve had significant inflation in the U.S. economy.
“Inflation is too much money chasing too few goods,” says Talent.
Inflation hurts everybody but you can’t always avoid it. The unpredictability of inflation hurts business and makes it difficult to invest.
“You add on top of that the labor shortages, which the vaccine mandates are going to make worse,” Talent continues.
Spending trillions of dollars certainly doesn’t help.
“This is the modern day equivalent of just printing money.”
Listen to Talent and Marc discuss the current state of the economy in their interview above.
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