Abolish the US Council of Economic Advisers - Ep 960
The Peter Schiff Show Podcast
00:00
Consumer Sentiment Drop and Biden's Economic Perception
The chapter discusses a notable drop in consumer sentiment due to concerns about inflation and interest rates, presenting a pessimistic outlook. It explores the interview of Joe Biden on CNN where he appears surprised at grim economic statistics but projects a positive view on job creation, despite discrepancies. The narrative delves into the concept of 'shrinkflation' and how inflation, not corporate greed, is influencing rising prices.
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Transcript
