Hello America. Dave Hodges here. I'm the host of the Common Sense Show. We are the show that

it's freeing America, one, enslaved-minded time. And to our international friends, welcome. We're all

partners in a quest for freedom and prosperity. And we welcome your participation. Well, we have

really good experts. We get to come on the show. I'm fortunate.

One of those experts is Bob Kudla.

And his expertise is what's happening in the market.

But what happens in the market has tentacles to other areas in the economy and in politics and so forth. And we ask Bob to come on about once a month to talk about what the trends are.

And certainly the world is in an economic upheaval. We're going through transition, a lot better than a lot of the rest of

the world, certainly. And we've asked Bob to come on and talk about that. Bob, welcome to the show.

It's good to have you back. Hey, Dave, thanks for having me.

All right. Where are we starting with all this? I know that you're concerned about the

controversy. Are we going to have stagflation or inflation?

Yeah, I mean, well, first of all, I don't worry about anything.

The can't control it.

Okay.

But what I think is going to happen is, is that the debate is,

do we deflate or do we stagflate? And I think that is being answered for us. Just look at the

congressional bill that they took from Trump is that, you know, we're not spending less money.

Okay. So they've opted towards the stagflationary approach, you know, and, and look, at some point,

Trump's going to have to sign something closer to what Congress wants than what he wants.

It's just the way it's going to be.

And what that means for, you know, you and me and the common man is, is that prices are going to

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