Inflation is the result of too much money chasing too few goods. We have both sides of the equation going on right now, supply and demand. The ports are backed up, where we've got paying people not to work. So you've got this mass of expansion in the amount of money. And so what i said back in may thiss what i was warning about,. It goes back to the druckmiller clip that we that we were talking about all-way back in may.

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode