tom longo says that by an administration is responsible for storing inflation and the issues that come with it. neither the fed nor the u. s. government really have the tools to deal with a supply chain crisis or supply crisis. and to be honest with you, i listen to the by the ministration talk. and i'm, i, you guys complain about the simulation, but yet you do everything imaginable to constrain the supply side of the equation. we have rising real normal rages. we've got, you know, rise, commodity cost. and this is all because the demand for labor and based models and whatnot is mostly inelastic. and so you just have a whole lot of money floating around, trying to procure lesser amounts of goods. and you know, basic supply and demand that's going to drive the price at the margin higher. and that's a lot of what's causing this kind of inflation. this is called cost push inflation . so it's clear that in my mind, these people are vandals, they're not acting in the, in new se, does interest. i think the, i think i honestly have to bring the vitamins versus trying to burn the united states

increases slow from the month before at the grocery store. geopolitical analyst on podcast host, tom longo told me earlier in the program that biden is trying to white washed himself ahead of the us elections. he's got a tough election fight on the fans in less than 2 months, and that's where he is at this point. so they're trying to do the best they can to, you know, just put the best spin on what is and her effect cpi report all way across the board. the reaction this morning to the capital markets and from commentators and whatnot is just been stun. they've been just on dallas down on the final points. the goal was down $30.00. i mean it was just the board bath all the way across the board. the big thing i've been watching is credit spreads between us dad and european dec, because i really do think that the europeans are the most vulnerable to extreme reaction by the fed. and i think the, the consensus is now we're starting to see a lot of analysts start talking about a 100 great basis point rate hike from the fed and last 2 weeks. and that's just crazy people talk a lot about an engine

conditions get worse as in place and makes their lives more difficult. geopolitical and market analysts, tom longo says that the binding ministration is responsible for soaring inflation and the issues that come with it. neither the fed nor the u. s. government really have the tools to deal with a supply chain crisis or supply crisis. and to be honest with you, i listen to the by the ministration talk and i'm, i, do you guys complain about this inflation? but yet you do everything imaginable to constrain the supply side of the equator. we have rising real normal rages. we've got, you know, rise commodity cost and this is all because the demand for labor and base commodities and whatnot is mostly inelastic. and so you just have a whole lot of money floating around trying to, you know, procure lesser amounts of goods. and you know, basic supply and demand that's going to drive the price of the margin hire. and that's a lot of what's causing this kind of placing this is called cost push inflation. so it's clear that in my mind, these people are vandals, they're not acting in the, in us as does intere

oh i, let's discuss this further now. crossing life to geopolitical market analyst a tom longo, also host of the gold goats and guns podcasts at home. i read your articles every week you see one of the very few remaining voices of logic and reason in the world . you also seem to be terribly accurate in the general forecasts of geo politics and economics. so thanks for joining us there on the program. is president biden being optimistic or perhaps too positive about the economic situation in the us right now? i think joe biden isn't a tom and we've just lost the signal here. when are you into national? do apologize to both tom and you are viewer. we will reestablish that signal in just a moment here on our team to national is bound to be a very good shot do. if you would please bear with us. for the meantime, europe might be trying to turn russia into a global pariah when it comes to its energy resources. but in africa, it seems they are keen to top out. moscow is expertise in the field and international gas forum taking place right now. it's in petersburg code calls, a great a cooper