The Biden administration clings to the lie that more spending means lower deficits.

As former Clinton Treasury Secretary Larry Summers warns of stagflation, the Russian assault on Ukraine continues,

and world finance begins to reshape itself around spheres of influence.

I'm Ben Shapiro. This is The Ben Shapiro Show.

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Well, the Federal Reserve is expected to raise its interest rates this

week. They're expected to raise about 25 basis points, 25 basis points, 0.25%. That is really not the

signal that markets are looking at. They're looking to see whether Jerome Powell and the Federal

Reserve announced that there's going to be an acceleration in the rate of increase.

Like, is there going to be a half basis point increase next time around? Is it like a 0.5%?

Is that going to happen next time around? Are we going to have to accelerate the interest

rates faster than normal? See, the Federal Reserve typically only raises or lowers the interest

...