With inflation at 8.5 percent in July, down from 9.1 percent in June, is inflation starting to cool off, or is this just a temporary reprieve? Joining us to discuss these and other issues are Phil Magness, Research and Education Director at the American Institute for Economic Research, and Michael Ashton, Managing Principal at Enduring Investments LLC. They spoke with Michelle Makori, Editor-in-Chief and Lead Anchor at Kitco News.
Follow Michelle Makori on Twitter: @MichelleMakori (
Follow Kitco News on Twitter: @KitcoNewsNOW (
Follow Phil Magness on Twitter: @PhilWMagness (
Follow Michael Ashton on Twitter: @inflation_guy (
0:00 – Has inflation peaked?
4:39 – Biden’s ‘0% inflation’ claim
8:08 – Macroeconomic outlook
16:14 – Tax cuts and inflation
17:19 – Inflation Reduction Act
20:08 – Investment implications
#inflation #biden #investing
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Social security inflation hedge is inflationary.
More lies from Democrats who falsified the title of a new disgusting spending bill to fund Government overreach. The solution to their deceipt is some, vote them all out of office. Then maybe we can decommission the Fed!
One of the best interviews I’ve seen in quite a while. Great job.
If Debasement is the Fed's goal (to devalue ongoing trillions added to our already huge US debts), then the Fed has not made any mistakes. If you can't 'pay it back' and do not want to 'default' there is only 'Debasement of the USD' left as your option. There is not intention of either party to slow massive deficit spending, so, debase and steal baby boomers Savings purchasing power (without a vote) as the poor eats Cake as the rich get richer on stocks! Biden… zero percent inflation! Liar Liar you political wordsmithing hack. How will a steady 8.5% YOY Inflation rate work for the poor? Not well. I'm in 3month to 2 year treasuries only for the short-term. Thank you, great video, beautiful and intelligent Michelle!
In the "Last Days" man will have to work a whole day for a loaf of bread.The Revalation.
0% inflation for August. Sure I can tell Mr President!
The act insult Americans’IQ
Deglobalization is inflationary
Michelle looks good in orange ^^
Nuclear fusion will change everything, the petrodollar is doomed.
Spend money to reduce a to much money problem is not complicated. it is stupid.
Great job Michelle! Good questions, very inciteful, knowledgeable guests.
I find it funny that when inflation was rising they said “we look at core inflation” well that went up month over month, now you want us to look at cpi inflation. So when it’s going down look here and when it goes up look here
Somebody buy that guy a shirt that fits!
The Biden administration is worse then Obama’s and it feels longer too.
Finally some truth from someone
Michele does great job interviewing !
Lying biden administration
Thomas Sowell said it If biden becomes president we may never recover!
VERY NICE DISCUSSION
Inflation reduction is to trick people into thinking its going to help. It’s anything but! Unbelievable they’re able to get away with this con!
Great guests