Often when people come to you, whether it's in person or online, they're coming to you because they want to escape something that's in their life and they want to feel pretty just like you. Hello, I'm Rebecca Taylor. Hey, I'm Buddy Porter. This is Ben Malin. Hey, it's Sophie Pope. Hey, guys, Lou Garcia-Renos and founder of Barber Society and we're hanging out on the Hair Game podcast. Hey, listener, I'm Eric Taylor.

Let's talk about a word that's been thrown around a lot recently. That is inflation.

And by the way, if you listen to me regularly, you've heard me say this before and you know why

I've talked about this a few times but let's talk about it again

inflation is when there's so much of something that each little piece of that something is worth

less think beanie babies in the beginning there was scarcity people got excited they went out

and bought you know some that were supposedly rare and then then, of course, the company makes millions more.

And that, of course, tanks the price of each little special dolphin or whatever.

Baseball card's the same thing.

Companies started making millions of the rare baseball cards.

And, of course, they were no longer rare, which tanked the price

of each baseball card.

The same goes for money.

Since the beginning of 2020, the federal government has increased the amount of money in the

economy by 25%.

Think of it this way. Of all the money sloshing around in the economy

right now, 25% of it was created by the government in the last 18 months. Now this has never

happened in the history of the United States of America. It probably is how, actually, I know some of these, you know, developing countries and places

where they have hyperinflation, this is kind of how it happens.

I'm not saying we're going to get hyperinflation.

I'm not comparing it to that.

But this has never happened in the United States.

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