Comments by "Jay M" (@jaym9846) on "National Economic Council Director Larry Kudlow weighs in on the escalated US-China trade war" video.

  1. Which is better? Currency Manipulator or Currency Printer?
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  2. In December 2007, the month the Great Recession started, then CNBC talking head Larry Kudlow boldly told viewers, “There’s no recession coming. The pessimists were wrong. It‘s not going to happen. At a bare minimum, we’re looking at Goldilocks 2.0.” In February 2008, one month before his former employer Bear Stearns went down for the dirt nap, he claimed the economy was going to rebound that summer, “if not sooner.” In July 2008—yes, July 2008!—he declared that the housing market was as healthy as it had ever been, and that it was “a pity [that] the mainstream media” was just “searching for more and more pessimism” to sell newspapers https://www.vanityfair.com/news/2018/11/larry-kudlow-insists-recession-is-impossible-under-trump?verso=true
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  3. According to the Federal Reserve, inflation has been <2% a year. According to the Big Mac Inflation Index, it is >4% per year ($3.47 in July 2008, $5.58 in Jan 2019) even after gov subsidies for meat, dairy and wheat. Trust the Clown (Ronald), not the Fed (money printing arm of the government). usdebtclock.org y https://seekingalpha.com/article/4119246-big-mac-index-may-telling-truth-inflation https://www.forbes.com/sites/davidmarotta/2013/04/16/big-mac-index-shows-official-cpi-underreports-inflation https://capstoneinvest.com/inflation-cpi-and-the-big-mac-taking-a-bite-of-reality
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