No, We Have Not Solved the Cost-of-Living Crisis

We’re joined today by E.J. Antoni, chief economist for the Heritage Foundation, who demonstrates how we have not solved the cost-of-living crisis because it is caused by a degree of debt and asset bubbles that have not been addressed. He warns that simply lowering the Federal Funds rate will not solve the problem and will likely backfire. We also discuss the folly of populism and how it winds up continuing those same policies that lead to the disparity between income levels and the burden of inflation, and how free market conservatism is the only viable solution.