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The Ramsey Show Highlights

Dave & Bernie Agree About the Fed!

The Ramsey Show Highlights

Ramsey Network

Self-improvement, Education, Investing, Business

4.6682 Ratings

🗓️ 7 November 2022

⏱️ 8 minutes

🧾️ Download transcript

Summary

The Ramsey Call of the Day is a quick, daily dose of advice on life and money in under ten minutes. Hear from experts like Dave Ramsey, Ken Coleman, Rachel Cruze, Dr. John Delony, George Kamel, & Kristina Ellis. Part of the Ramsey Network. Delivered to you five days a week. Learn more about your ad choices. https://www.megaphone.fm/adchoices Ramsey Solutions Privacy Policy Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

This is the Ramsey Call of the Day, part of the Ramsey Network.

0:10.6

Joining me today is Ramsey personality, Ken Coleman.

0:15.6

Ken, a rare thing has occurred.

0:19.9

Two times in the past six months, I have been in complete agreement with Bernie Sanders.

0:28.4

Say it is so, Dave.

0:30.5

No, I mean, when it is what it is, it is what it is.

0:34.1

That's right, right, right.

0:35.0

One time was when his folks watched the Borrowed Future documentary,

0:38.3

and his team reached out to us and said they wanted to use it.

0:41.2

Oh, wow.

0:42.4

And because they're also against the epic student loan failure that's out there.

0:47.2

They're probably coming to different conclusions about the failure than we are,

0:50.9

but we're at least in agreement that the thing is a failure,

0:53.8

and they reached out to us on that.

0:55.2

And the second time was when I looked down at this Market Watch article that just came out,

1:01.3

where it says the Federal Reserve's policy of steep interest rate hikes is not helping the struggling economy

1:08.5

and is instead hurting working Americans, Senator Bernie Sanders said.

1:14.1

I think they're hurting the situation. I think it is wrong to be saying that the way we're going to

1:19.4

deal with inflation is by lowering wages and increasing unemployment. The Vermont

1:23.9

Independent said in an interview with NBC News, Meet the Press.

1:29.1

This is not what we should be doing.

1:31.9

This inflation thing is a real issue.

...

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