The Ben Shapiro Show Ep. 1558 - The Inflation Reduction Act That Doesn’t Reduce Inflation
Aug 18, 2022
The podcast dives into the Federal Reserve's bleak inflation outlook, debunking the optimistic narrative around the Inflation Reduction Act. It critiques government interventions, questioning their actual impact on inflation. Bill Gates' role in pushing the legislation under scrutiny adds fuel to the debate. Liz Cheney's challenge against Trump provides a comedic twist, illustrating the futility of political opposition. They also discuss rising healthcare costs, highlighting discrepancies between legislation promises and real-world effects.
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Inflation Reduction Act's True Nature
- The "Inflation Reduction Act" won't reduce inflation, according to Ben Shapiro and even some economists.
- The Federal Reserve predicts inflation will remain "uncomfortably high."
Invest in Gold and Silver
- Diversify investments into gold and silver as a hedge against inflation, advises Ben Shapiro.
- These precious metals have historically been inflation-proof.
Government Interventionism
- The government's increased intervention in the economy, not free markets, caused recent crises, argues Ben Shapiro.
- He cites the subprime mortgage crisis and the COVID-19 economic downturn as examples.
