Judy Shelton: Economic growth is not inflationary

Dan Clifton, head of policy research for Strategas Research Partners, and former Trump economic advisor Judy Shelton on Fed Chair Jay Powell's recent interview and policy ahead of Biden's State of the Union address on 'Kudlow.'
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[darrenhere]

Judy is the smartest economist out there.

[kidsoxoxox]

Brilliant, gracious, wise lady. Presidential material.

[davidrockey]

Isn't it interesting that media continues to hold their jobs in these tough times that the every day individual struggles! The very people we as citizens rely on giving us the onest truth as to what we face.

[jjo]

WHY have this discussion 'before' the president gives his Address!!! Relevant, yes, just bad timing!

[rashone]

WHAT jobs? Where? Paying how much? How many of those jobs are part-time? How many people have 2 part time jobs?

[PD_]

But printing money is. Why did Powell and Mnuchin go nuts with exponential printing of excess $trillions spring 2020 (show the M2 money supply charts again. KUDLOW.). Compounded by supply chain screwups, this triggered the massive inflation rippling though the economy.

[kayt]

Reducing the special projects we dont need now. Reduce congress pay by 20%. Sure they can survive on $130.k a year with their government credit card. Time for austerity not more spending.

[uncleogrimacy]

But somehow people getting paid more is? 🤔

[Stopinvadingmyhardware]

It is if it’s being done with government spending

[albertmooney]

inflation only happens when companies have to increase prices to offset the cost of doing business and scrap out a profit. doesnt really seem like inflation is a factor when companies are making record profits.