Steve Forbes, Economist & Editor-in-Chief of Forbes Media, joins Glenn to break down several economic concepts that may be hard to grasp: What IS inflation, is it calculated correctly, and how did it get SO bad today? Plus, Forbes describes the ‘gimmicks’ used by today’s Federal Reserve that are furthering America’s current economic crisis: ‘[The Fed] wants a slowdown, and they just hope they can avoid a recession. It’s bogus thinking.’
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