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The Glenn Beck Program

Best of the Program | Guests: Dave Ramsey & Joe Kent | 3/15/22

The Glenn Beck Program

Mercury Radio Arts

News Commentary, Politics, News

4.625.1K Ratings

🗓️ 15 March 2022

⏱️ 37 minutes

🧾️ Download transcript

Summary

With inflation as bad as it was in the 1970s-1980s, Glenn reads an article from CNBC with a few obvious tips on saving money. Glenn and Stu give some updates on Russia and its latest moves. U.S. House candidate Joe Kent joins to discuss his race for Washington’s 3rd Congressional District and his views on crucial issues like ESG. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

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0:05.8

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0:11.1

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0:16.7

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0:20.9

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0:26.9

Slack.com slash DHQ. Great program today if you are fighting against inflation. We went

0:33.7

right to the experts at CNBC and got their advice on how you can save money because the

0:40.7

average person now is being affected by about $300 extra every month just from inflation.

0:48.9

So, we tell you all about which footman to get rid of. Then we have a real expert. We have Dave Ramzion

0:58.8

with us, talk to him, and so much more on today's program that you don't want to miss.

1:28.8

So, CNBC wants you to know that inflation is costing the average US household an additional

1:44.6

$296 a month. The figure is based on the latest reading of consumer prices, which rose

1:51.7

7.9% by the way. If we just stop saying, you know, this is going to be as bad as

1:58.8

it was in the 1970s and 80s with Jimmy Carter. It already is. If you take the inflation and

2:10.6

calculate it, the way we did back then, that way you're comparing apples and apples. We're

2:18.4

at 15.6% inflation. That's what we would have said inflation was at. If we calculated it

2:26.1

the same way, we were calculating inflation back then. So, it is. It's bad. But now we calculated

2:34.0

it in a much more sophisticated way. 7.6% inflation. Alright, things are going to get worse before

2:41.1

it gets better. Says Moody's analytics. Pain is felt across the board. Some are feeling

2:47.4

it worse than others. Yeah. Who does inflation hit the hardest, the low and middle income households?

2:58.2

That's who's hit the hardest and $300 a month for the average citizen. That is a lot of money.

3:05.7

A separate study by Wells Fargo surprisingly showed the middle class in particular getting

...

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