
From Oil Reserves to Gun Control and Education
The Victor Davis Hanson Show
00:00
Inflation Is a Good Indicator
When inflation hits over 10%, people start aracion, or what they do in the computer age. The inventory stock that's out there for the consumer will keep changing the price on it. When i go into home depo to buy billy materials, i look at the prices, and they've gone up within a week. And so we're going to get a very strange sit ation where the momentum for inflation is going to continue. But as the interest rates climb and we have a little bit more discipline on the money supply, we'll see a cutback in consumers spending. We're already seeing it,. because thi five trillion dollars will be spent very quickly at six dollars a
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