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Newt's World

Episode 346: The Economy – Inflation and Interest Rates

Newt's World

Gingrich 360

News, Politics

4.66.4K Ratings

🗓️ 18 December 2021

⏱️ 37 minutes

🧾️ Download transcript

Summary

Why are we experiencing the most inflation in a 40 year period? What does the producer price index and consumer price index increase indicate about the future? To help make sense of our current economy, Newt talks with Thomas Hoenig, former Vice Chairman of the FDIC and former President and Chief Executive Officer of the Federal Reserve Bank of Kansas City.

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Transcript

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0:00.0

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0:03.8

Like massive stories that actually affect you in your life that they don't want you to see

0:08.0

because they make the left and the Biden administration look bad.

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0:22.4

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0:29.0

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0:31.0

Hi, this is Newt.

0:32.0

Did you know that you can listen to my Newt's World podcast on the iHeart app?

0:36.0

The team at iHeart has created several new features on the app I wanted to share with you.

0:41.0

You can now auto download new episodes of Newt's World to your device and also get notified when new episodes are published.

0:49.0

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0:57.0

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1:04.0

On this episode of Newt's World I'm really delighted because we have an extraordinarily experienced person.

1:12.0

To help us with probably the biggest topic that I run into with people these days,

1:17.0

and that's the economy in general but also particularly the fact that we're experiencing the most inflation in a 40 year period.

1:24.0

When you go to the grocery store and the price of meat and milk are shockingly high or you go to the gas station and a fill-up cost a lot more than you thought it would.

1:32.0

And then there are all the supply chain issues with I think 90 ships still offshore.

1:37.0

There are a lot of things that are going on that affect our economy.

1:41.0

And to make sense of this current economy, I wanted to really listen to an expert and have you join me in learning from somebody who really knows what they're doing.

1:51.0

And I was thrilled when Thomas Hanig said he would chat with us.

...

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