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The Clay Travis and Buck Sexton Show

Hold The Line w/ Buck Sexton - 07-13-22

The Clay Travis and Buck Sexton Show

iHeartPodcasts

Politics, News, Society & Culture, News Commentary, Daily News

4.511.4K Ratings

🗓️ 13 July 2022

⏱️ 42 minutes

🧾️ Download transcript

Summary

Stocks tumble as U.S. inflation hits a 40-year high, and Biden still hasn't taken any responsibility - Buck breaks down the latest blow to the economy. Plus, farmers in the Netherlands are protesting the government's recent goal to cut emissions that could force some farms to close - Buck speaks with Dutch lawyer, Eva Vlaardingerbroek, on the recent country-wide protests. 

Follow Clay & Buck on YouTube: https://www.youtube.com/c/clayandbuck

See omnystudio.com/listener for privacy information.

Transcript

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0:00.0

You're listening to the FUXXTEN show podcast.

0:04.6

Make sure you subscribe to the podcast on the iHeart radio app or wherever you get your

0:08.8

podcasts.

0:31.0

Welcome to Holda Line on Bucks XTEN. Let's just dive into the numbers, shall we?

0:34.8

When it comes to inflation, this economy, Biden's plummeting poll numbers, Democrats,

0:41.8

accelerating neuroses and fear over losing power in the midterms.

0:48.4

This is what we're up against friends. This is what we're seeing all over the place. CPI,

0:53.4

up 9.1% year over year in June, 9.1%, that is a disastrous number for the Democrats.

1:03.0

You see that in the city of San Josef, hold on a second. So we're spending an average of

1:08.8

9, getting on 10% more for a whole lot of things we really need. Yeah, actually people are poor.

1:15.6

People have less money, people have less ability to pay their bills, to meet their needs,

1:19.8

to save and try to build greater financial stability and freedom for themselves.

1:26.0

For example, the prices we're talking about here, year over year, the month of June, gasoline,

1:32.0

up 59.9% food, up 10% housing, up 5.6%. So your gas is a whole lot more expensive. Your food

1:39.6

is considerably more expensive. Even your housing has gone up a bit. And what we've seen here is

1:44.3

that it is unlikely that anything is going to change this anytime soon. This could continue on

1:52.0

grinding inflation, which means month after month, the money that you're putting into a bank account

1:58.3

will be worth less. It means that the earnings that people have, their actual wages go less far.

2:05.7

Here, for example, you can see that hourly earnings are down 3.6% a year over year.

2:12.0

So earnings are down. Inflation is up. The cost of everything you need is up.

2:18.8

And they want you to believe that this was unforeseeable. That's just not true.

2:23.5

You see, this is what happens when people start playing insane games with the money supply.

...

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