The Ben Shapiro Show Ep. 1534 - Joe Biden’s Economy Is In Flames
Jul 14, 2022
Inflation continues to soar, affecting American workers and businesses, while the government's response is heavily criticized. Joe Biden's policies are under scrutiny, with concerns about a potential recession looming. The podcast also delves into the implications of abortion debates in Congress and media narratives surrounding these issues. Elon Musk's ongoing legal clash with Twitter adds an intriguing layer to the discussion, showcasing the complex interplay between economics, politics, and media in contemporary America.
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Gold and Silver as Safe Havens
- The US Treasury Secretary Janet Yellen admitted she was wrong about inflation's trajectory.
- Diversifying into gold and silver is a safer option than trusting the Federal Reserve.
Record-Breaking Inflation
- Inflation hit a 40-year high of 9.1% in June, driven by gas, shelter, and food prices.
- No areas of the American economy have been spared from this inflation surge.
Inaccurate Inflation Predictions
- The Biden administration's economic experts had predicted that inflation would be transitory.
- In December, Biden claimed inflation had peaked, but it continued rising.
