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Daniel Bradford
CNBC Television
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Comments by "Daniel Bradford" (@Falconlibrary) on "Four experts react to August's key inflation report" video.
I think a 40% increase in the money supply in 22 months should merit some discussion, yes, but you never hear it in these "analyses".
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Don't worry, the aliens observing us are going to come down and bail us out at the last minute. They haven't done it yet because they like drama.
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I'm a retired teacher and it took me a decade of work to get a cumulative 24% increase. I think we just found out why consumer goods are so expensive. Also, a lot of big screen tvs just fall out of those railway cars and into railroad employees' living rooms, don't they?
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Gee, it's almost like rich people don't want us to remember that the #1 cause of inflation was the Fed raining free money on them during the pandemic.
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Exactly. There's several reasons the business news is misleading its viewers: 1. The media is pro-Biden and wants to hide the severity of the problem until after the November midterm elections; 2. The advertisers who pay the bills at the networks want the best possible face put on the economic news; 3. The people "analyzing" the problem all have a bias and are more sales people than neutral analysts (they're trying to get you to buy tickets for the Titanic's second voyage).
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