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The John Batchelor Show

#MrMarket:Ben Bernanke writes of the Jerome Powell fail on rates. Liz Peek, Fox News, The Hill

The John Batchelor Show

John Batchelor

News, Arts, Books, Society & Culture

4.52.8K Ratings

🗓️ 24 May 2023

⏱️ 12 minutes

🧾️ Download transcript

Summary

PHOTO: NO KNOWN RESTRICTIONS ON PUBLICATION.
@BATCHELORSHOW


#MrMarket:Ben Bernanke writes of the Jerome Powell fail on rates. Liz Peek, Fox News, The Hill
https://www.wsj.com/articles/why-inflation-erupted-two-top-economists-have-the-answer-6919042c?mod=hp_lead_pos10

Transcript

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0:00.0

Elevate your summer nights

0:02.6

with all the indulgence of the new Magnum Double Star Chaser.

0:07.2

With cracking chocolate, popcorn flavor,

0:11.4

and rich caramel sauce for the night.

0:14.2

Pleasure is always on.

0:16.8

Magnum, true to pleasure.

0:25.2

This is CBS Eye on the World.

0:28.4

Here's John Batchler.

0:31.0

The American economy.

0:32.6

I welcome Elizabeth Peek of the Hill Accommodus of Fox News

0:36.2

Accommodus. Just returned from Europe and the sparkling city

0:39.5

of London to New York and the problems of the United States

0:43.3

in the pending underway.

0:46.1

It'll be here momentarily.

0:47.5

We're already in recession.

0:49.3

Liz, welcome home.

0:51.2

And what we have right now are doubts about the economy.

0:54.3

Big doubts.

0:55.4

Sometimes I read 99% of 99% of all economists

0:59.7

say we're going to have a recession.

1:01.6

We certainly have sticky inflation, which burdens everyone.

1:06.2

Your measure right now of this recession that hasn't yet arrived.

...

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