The Coming Dollar Disaster? with E.J. Antoni and Rep. Warren Davidson
The Charlie Kirk Show
Charlie Kirk
4.6 • 65.6K Ratings
🗓️ 29 March 2023
⏱️ 32 minutes
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Summary
For nearly a century, America's global dominance has been built on the domination of the U.S. dollar. But that dominance is built on confidence, and for the last three years, the Biden Administration has been destroying that confidence with unprecedented money printing and the increasing weaponization of U.S. sanctions. Heritage Foundation economist E.J. Antoni joins to make his case for why a recession is imminent, and lays out the dramatic consequences if the U.S. dollar loses its power. Plus, Rep. Warren Davidson talks about the coming debt ceiling showdown, and Charlie reacts to a ludicrous new list of America's "happiest" cities.
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Transcript
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| 0:00.0 | Hey, everybody. Today, in the Charlie Kirk Show, E.J. Antony from the Heritage Foundation joins us. |
| 0:22.3 | And also Warren Davidson, we talk inflation, we talk spending, we talk fiscal policy, and we close with, according to Wallet Hub, what is the happiest city in America? It's a bunch of garbage. You have to listen to this. Email is freedom at charliecirk.com and get involved with TurningPoint USA. At tpUSA.com. That is tpusa.com. |
| 0:24.5 | Buckle up, everybody. Here we go. |
| 0:26.2 | Charlie, what you've done is incredible here. |
| 0:28.3 | Maybe Charlie Kirk is on the college campus. |
| 0:31.5 | I want you to know we are lucky to have Charlie Kirk. |
| 0:33.8 | Charlie Kirk's running the White House, folks. |
| 0:36.2 | I want to thank Charlie. |
| 0:37.2 | He's an incredible guy. |
| 0:38.9 | His spirit, his love of this country. |
| 0:40.6 | He's done an amazing job. |
| 0:45.4 | Building one of the most powerful youth organizations ever created, Turning Point USA. We will not embrace the ideas that have destroyed countries, destroyed lives, and we are |
| 0:51.3 | going to fight for freedom on campuses across the country. That's why we are here. |
| 0:57.1 | Brought to you by the loan experts I trust, Andrew and Todd at Sierra Pacific Mortgage at |
| 1:01.9 | Andrew and Todd.com. |
| 1:05.7 | This hour will be dedicated to some very serious questions about our currency, about inflation, about our |
| 1:12.3 | fiscal health, our fiscal solvency. Joining us now is E.J. and Tony from the Heritage Foundation, |
| 1:19.1 | the new and improved Heritage Foundation, economist and very smart man. E.J., welcome to the program. |
| 1:26.0 | Charlie, thank you for having me. Of course. What, in your opinion, is the true inflation rate? And what does that mean for middle class, muscular class people in the heartland of the country that are just trying to make ends meet? The floor is yours. Charlie, it's a great question. Inflation is in the short run really difficult to measure. In the long run, it's pretty easy because everything tends to go up by about the same amount. but in the short run really difficult to measure in the long run it's pretty easy because |
| 1:44.6 | everything tends to go up by about the same amount but in the short term it's affected by what |
| 1:50.4 | government is purchasing and where the money is going at first before it has a chance to |
| 1:54.9 | filter out to the rest of the economy so we have a lot of different ways to measure inflation but |
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