Jun. 10 at 6:03 PM
$SLV $JNUG $GLD $GDX $B
Reporter: Mr. President, are you concerned about the latest inflation number that came out this morning
President: No, I love it. The numbers were great.
You know what I really love? I love the inflation. You know why? Because as soon as this war is over—and I can say it now, something you didn't know—do you know we've been taking out millions of barrels of oil? Nobody knows it. You know who doesn't know about it? Iran, until right now
This dude is truly is a pathological character. Just think back to how long it took for the inflation of the covid era 9% to get back down to 2.4%. It took 28 months from the top peak to the lowest point & still never saw 2% inflation. This will be no different. This will end up taking once it peaks this time anywhere from 18-24 months & still not see a back to 2% inflation rate. Think of in the simplest of terms, today's prices will be next years sales prices & that's your purchasing power GONE
https://youtu.be/S6BnRNOQRNg?si=mF36WewvImOIimpc&t=2679