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Belle of the Ranch

Let's talk about Trump admitting inflation is back and what to expect....

Belle of the Ranch

Belle of the Ranch

Society & Culture

4.91K Ratings

🗓️ 21 February 2025

⏱️ 5 minutes

🧾️ Download transcript

Summary

Let's talk about Trump admitting inflation is back and what to expect....

Transcript

Click on a timestamp to play from that location

0:00.0

Well, howdy there, Internet people, it's Bell again.

0:05.0

So today, we're going to talk about Trump admitting inflation is back.

0:10.0

We're so back, and then immediately saying he's got nothing to do with it.

0:16.0

I know most people are pointing to his campaign promises about how he would immediately lower

0:21.8

inflation. This is being used to show how he couldn't fulfill that promise and is just

0:28.2

throwing his hands up in the air. There might be something more important. He's saying that

0:34.4

because it happened in his first two months, it's not his fault.

0:38.5

Trump's argument is that he has nothing to do with it because of how early it's happening

0:43.8

in his presidency.

0:45.7

Has he never seen an inflation chart for the last few years?

0:50.0

Or is he just hoping you haven't?

0:52.8

The inflation he blamed Biden for during the campaign started trending up in the first

0:58.9

month of Biden's term and continued from there.

1:02.7

This is a showcase of what pretty much every economist has been saying for years.

1:08.9

The beginning of the first Trump term was marked by a strong

1:12.9

economy because Trump walked into an incredibly strong economy. It was very resilient. It even

1:20.5

took some of his tariffs in stride for a little bit. And then in May of 2019, the yield curve

1:27.2

inverted. A yield curve inverted.

1:28.6

A yield curve inversion is a bad sign for the economy.

1:32.9

It means that short-term treasuries have higher yields than longer-term treasuries.

1:38.9

It generally means recession is coming.

1:42.2

The recession came in March of 2020, but it was entirely

...

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