
#012 Jim Bianco: This Is The New Normal. Get Used To It.
The Julia La Roche Show
00:00
The Importance of Inflation
Inflation impacts 100% of the population. Every single person feels inflation. Elon Musk feels it because of the cost inputs that Tesla and SpaceX, people on public assistance feel it as well. But bear and keep this in mind about inflation too. Inflation is so much different than unemployment. So I'll give Paul credit. He's right. If we have to create a recession, if we have to butcher the stock market, it's the price to pay Because the pain that everybody else is feeling is so bad. The problem is we should have never been put in this position in the first place. But we were because of profligate policies that we had leading up to 2022.
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