Rand Paul slams ‘ridiculous notion’ about inflation

[@donnaparrish7638]

Rand Paul is a true Patriot! 🇺🇸

[@salliesue2]

♥️Senator Paul

[@seeekerman1342]

Larry Kudlow Is A Wonderful Reporter! +

[@andyuscum]

HAHAHA

[@stormtrooper9338]

No

[@theodorearaujo971]

Inflation is always a monetary issue.

[@henrick589]

Its a monetary issue. Government needs to reduce its expenses and stop printing money. Just look at the recent deficits : if you dont rise taxes to repay those expenses, inflation will take charge of it.

[@sailorichiban]

@@Gerpsnot 🇺🇸🇺🇸NO TAX ON OVERTIME ✅✅HELP THE MOST PRODUCTIVE MEMBERS OF OUR SOCIETY 👍👍👍❤❤❤

[@Gerpsnot]

@ I agree. This has been all about ripping off America like fleece from sheep. Sorry lefties I got nothing for ya.

[@Gerpsnot]

@@nonvervalseinstein The farmers are a dying breed save for government handouts dude. How stupid do you take me for.

[@Gerpsnot]

That's like saying, if I dive in a swimming pool, I'm gonna get wet.

[@westernairephoenix1282]

Larry has a point. If the money was created, out of thin air, and hasn't been spent, then just delete it. Powell stated the Fed creates money digitally and physically... delete the digital Fed money and let's look at the results of less Fed Funny Money.

[@peterponcedeleon3368]

Senator Rand Paul is exactly right, inflation is simply expanding the current money supply, rising prices are a consequence. It’s that simple.

[@jeffreyrudolph5061]

A simple is , as simple does ... as in return side syndications .

[@periphron]

Always appreciate Senator Paul.

[@michaelharper-et7kz]

In the IRS handbook, it says citizens are not to be taxed. Only businesses and tariffs on other countries are legal to collect. The government has been illegally collecting taxes from citizens for decades

[@DaTooch_e]

Did you tell that to a federal judge? If so, what did he/she say?

[@michaelkliewer3320]

I do agree 100 percent.

[@SiLoMixMaster]

Higher energy prices also contribute to inflation, hence why Trump will 'drill baby drill' and add more production to meet the ever increasing demands due to AI data centres.

[@nicholashall4625]

The US is already by far the largest oil producer. Producing more oil won’t lower energy prices. The oil companies won’t self inflict low price of oil and don’t forget OPEC controls the price not the US government

[@anthonypress6676]

US oil production is unlikely to actually increase under Trump's watch due to the length of time it takes to bring a welll to production.

[@DashDrone]

Let's talk about the fair tax, bring back the discussion. It needs to get some light.

[@jerrypeal653]

Russ is great he knows what works and what doesn’t.

[@tdw5933]

Corporate Greed ain't helping

[@Вивсівідстій]

Sen. Paul’s neighbor, a Democrat, knocked him off his ride mower. What a cowardly cheap shot.

[@vivianfolsom9341]

How about you don’t spend the money and give it back the tax payers since it is their money?

[@sortathesame8921]

Give what back to taxpayers? Our country is TRILLIONS in debt! Until that number reaches zero, there is no money to give to anyone!

[@Paladin101]

Reagan gave the best explanation of Inflation I’ve EVER seen.

[@DaTooch_e]

Reagan destroyed this country with his neoliberalism. Ross Perot forewarned everyone on the debate stage after George HW Bush negotiated NAFTA.

[@Cassander314]

Eliminate the income and property taxes

[@GeorgePrice003]

Rand Paul is a true Patriot.

[@Cassander314]

Unless it’s young men in the congress, your hands are tied

[@axepagode33626]

What happens to the price or goods made in the US that get their raw material from another country? The price of the finished good will increase. That extra cost gets passed to the consumer thus adding to inflation.

[@clintonreisig]

The USA has all of the resources that it needs to manufacture products and provide energy. We are an extremely large country which has more than enough to provide the competition internally which keeps prices down in relation to WAGES. Foreign competition drives down WAGES

[@nicholashall4625]

@@clintonreisigmaybe but that production will be at a higher cost and cannot just be switched on overnight. So prices will increase not decrease. Imposing tariffs on other countries will make it even worse. Trump promised to reduce prices but none of his policies appear to be doing that

[@axepagode33626]

@@clintonreisig The US doesn't have ALL the resources that it needs to manufacture products. We don't have all the rare earth minerals. We import what we don't have. We do import food.

[@lawrencewarren3054]

This is I luv u Larry you n rand Paul are thinking like me

[@NillSeven-si3yj]

Either delete or refund the money. It’s ours after all.

[@sailorichiban]

NO TAX ON OVERTIME ✅✅✅ HELP HARDWORKING AMERICANS 🇺🇸🇺🇸🇺🇸

[@dnlchoc6830]

Are you crazy? They don't want to pay overtime ask Texas

[@TaylorCks03]

I'm required to work mandatory OT. Around 30hrs a month. It's cheeper for them to pay me time and a half than hire another fulltime person. No tax's on OT would make a big difference to me.

[@Horizon-m5o]

@@TaylorCks03 32 hours a month for me, we do 48 hr weeks, no tax on overtime will be like getting Christmas all year.

[@salliesue2]

We can not Afford wasteful spending

[@nanbolz2238]

Implement recision and use it to pay national debt. Make it happen!

[@michaelirish769]

More tariffs, no taxes. Let us decide how to spend our money

[@robertkraft5208]

I think that the money should go back to treasure and then when you fund the govement there should be a caise that says we expect you to stay in your budet and if possible return part of it, and if you cannot we might have to look at having soneone else run the department.

[@TrevorStarnes11]

I agree with Rand Paul on a lot here. However, Larry Paul and Trump failed to understand that we lost 250L jobs in manufacturing in Trump’s first 10% tariff in his first term. Not to mention you’re talking about cutting while tax cuts to the top 1% adding to our deficit. If we want to resolve this huge budget we got to be honest on totality. Good luck telling people you’re cutting their social security checks or military pay cuts. Unrealistic with 60 votes in US Senate.

[@blvke37]

Trump's inflationary tax cuts failed to pay for themselves. Even with $6 trillion in COVID stimulus juicing the numbers, The Tax Cuts and Jobs Act was a net loss for our federal budget. Again, tax cuts are inflationary. Rand Paul voted for inflationary tax cuts that hurt this country's bottom line.

[@deanacarmack5323]

If there's so much money, and there is an abundance of goods on the shelves. Why is everything costing so much more? This explanation sounds pretty bogus to me!!!

[@Ellis1127]

That was a lame excuse about taking back money that hasn’t been spent yet. That is a huge problem with government being wasteful. 🤔🤔🤔🤔

[@jimcroft21]

Wages have not kept up for decades. Foh, it’s definitely greed Rand…..

[@FMG9009]

So when prices go up, that’s not inflationary?

[@embracedmadness]

If corporate profits are rising disproportionately…that contributes to inflation

[@BigEightiesNewWave]

Trump has picked such great persons for all these areas, amazing!

[@AntiNeocons]

10 trillion was a fiscal emergency America could have slowly corrected. 40 trillion will be massive pain no matter how it's dealt with.

[@StevenK-j6h]

I think my social security went up 2.6 percent this year. Does that mean inflation is low?

[@ronb67]

Cost of living increases for Social Security should reflect the cost of living in the state we live in. Our Medicare payment increased. Canceled it out.

[@mriccardi825]

Yeah I'd love no taxes just as much as the next guy, but that is definitely a fantasy I never see happening. Not in my lifetime.

[@clintonreisig]

$36 TRILLION federal government debt

[@nicholashall4625]

Yes of which Trump added $8 trillion in his first term. In one term Trump contributed a quarter of the entire debt. Now he wants to add even more debt to continue reducing tax for his rich friends

[@nancyross5257]

Republicans never talk about debt when they are passing tax cuts for the rich and corporations.

[@GeorgePrice003]

​@@nicholashall4625How much did Biden spend?

[@ceb004]

There is something to the 'inflation as evidence of greed' argument. When large retailers realize that they've driven the competition out of business, and that their customers are in an environment in which they're apt to accept price rises (because "everyone is doing it" and "it happens all over"), they'll raise prices just because they can, even if they already have a healthy margin. That does lead to perceived inflation. In Europe, there are similar monopoly- or cartelized situations, but the retailers feel a duty not to gouge their customers. Certain countries also run offices of pricing review (like even Switzerland!). This is one idea the Democrats got right, though they got it right only to distract voters from other causes of inflation.

[@ScottWhalen81]

1913, 3 mistakes.... 1971, 1 mistake that was promised to return but nvr did! EDIT: 1933, 2 mistakes, possible crime's. Thanks for pointing this out danhelwig, in the comments. 1971 mistake added on top of 1 of the 1933 mistakes/crime.

[@danhelwig]

And 1933, theft, not a mistake, a crime.

[@michaelWells-ef9bx]

No Deficit Spending....No more Billionaires Tax Cuts- Make joe six pack and his kids pay for billionaires tax breaks

[@JustAMinuteYT]

So someone explain to me why Trump and the Republican led Congress AND Senate didn't lower the deficit or the debt in 2016?

[@Jimmy-yu9xy]

Because Trumps tax reductions added billions to the debt.

[@i_like_beer-o2f]

Stop using your brain and just fall in line and worship Trump like a good Republican

[@PaulineHendricks-wt9oc]

Say what you will about Bill Clinton but we were not in debt but had a surplus when he left office. He must have done something right that we need to look at.

[@i_like_beer-o2f]

Tech bubble + higher tax revenue + younger population + Republican Congress. And we did have debt, the surplus was a budget surplus which reduced the debt temporarily.

[@daveontman1626]

Bill Clinton cooked the books.

[@pedroparra3681]

Yep. I remember what my pay check looked like under predator Clinton and it wasn’t pretty. Raising a family on 39% income tax was no fun. One family vacation a year maybe if you didn’t go to Disney World. Then it was one family vacation every 2 years if you did.

[@macula1269]

"pricing might go up but thats not inflation". What name do you call it?

[@margiejones870]

Republicans better stick together …the ones that don’t need to go …name Names

[@emptyheadbiden8698]

Never happen not the last 4 years, not the next 40 years. Spending is the game, and very profitable for the elite

[@Cassander314]

Shut down and seize all assets from insurance firms.

[@bw4586]

Once was a fan of him until he said he wants to rise the retirement age

[@Cassander314]

Tax short term leases under 6 months.

[@jerrypagel1617]

Impound money pays down the debt.

[@Cassander314]

Tax monopolies out of existence to flood the coffers.

[@nicholashall4625]

Yet Trump’s plan is to reduce corporate tax. It was one of his campaign promises

[@johnphelps7519]

You're a U.S. Senator who's been looking at the country's finances for years, and you obviously know about recision. So why don't you know the answers to the questions you raised?

[@ItsMefromSnuffys]

How about stop giving money to Mexico,Canada, and several other countries… Strengthen Americans foundation…

[@777jones]

Inflation is always and everywhere a monetary phenomenon. If you pay more money for tariffs, it means you will pay less money for something else. Unless and until the Fed prints more money. Then, inflation would result.

[@dnlchoc6830]

Is a maga problem now! Raising the debt ceiling to spend but let's cut spending 😂

[@Judge247]

Yes! Inflation comes from a rapid increase in M2 … everything else is derivative.

[@billmoyer3254]

The Fed raised money supply after the great recession with very little inflation

[@stepheni5783]

Redefining inflation now. Get this man a dictionary.

[@monksjj1]

Small compared to the dems.

[@spanmarkiola7260]

Wall Mart/retailors keep inventories low. I can't make an order without something in it running out of stock. They make more money that way. They get you to buy something more expensive. They learned a lot during china-19.

[@chrisschade6854]

Wow, replace teriffs for income taxes 🤔

[@Jimmy-yu9xy]

The consumer pays the tariffs.

[@sortathesame8921]

Someone needs to talk to Trump about easing in a flat tax! Even a progressive flat tax would be much better than what we have now! Look into it Republicans, while you don’t need Dems to do it!

[@Jimmy-yu9xy]

Lol. A flat or regressive tax rate gives the wealthy a lower tax rate. Would you be happy with that?

[@lettucesalad3560]

How about cutting the $40 million/year presidential golf budget?

[@stormtrooper9338]

I feel bad for the Democrat that will have to clean up the mess Trump leaves behind after 4 years.The billionaires will have more than tripled their wealth, though, while the middle class pays for Trumps tariffs.

[@BrentSlager-op6lj]

I have a friend that after 30 years of working thay get $900 a month can you live on that unless you're a migrant you get $2200 a month plus housing

[@christianketterer7652]

If inflation is the creation of money supply - the monetary idea of Milton Friedman by the way- why is Japan not having any significant inflation during its 35 years of quantitative easing? Why were those years even mostly deflationary?

[@jonswanson7766]

Have you read "Princes of the Yen?" Best economics book ever. Most money is created when a commercial bank makes a loan. Credit card money causes inflation. Congressman Clarence Brown told that right to Friedman's face! Episode 9, "Free to Choose." Around the twenty seven minute mark.

[@jonswanson7766]

By the way, great point! Reagan increased the deficit by two hundred percent and inflation decreased! Milton Friedman was wrong about inflation.

[@christianketterer7652]

@@jonswanson7766 I did not read the book. But I probably will. Seems like an interesting read for an economist like me. Money creation by ordinary banks through credit is a good point, but also falls short. Because credit is also cheap in Japan. You could get mortgages for less than 1.5% interest for decades. A car loan has still less than 4% interest. Now why did the Reagan spending spree not cause inflation? “It’s the demand and supply balance, stupid!” Times were bad back then, unemployment and interest rates high, the people weren’t spending. That’s why the global 22/23 inflation was out of the inflation playbook. While businesses reduced supply in 21, governments started spending programs keeping people afloat and in their jobs. Once the economies bounced back, people started spending, but the supply wasn’t there, except in Japan. Remember especially flight tickets skyrocketing in 2022 because carriers didn’t have enough airplanes? Now you can do the math for what will happen when Trump implements tariffs on imports while reducing federal taxes. Right, demand will increase while supply will go down, hence inflation!

[@macula1269]

Dont forget that trump added $8.8T of that $36T, and he did that in only one term.

[@piouyang]

tax cuts and pandemic relief measures

[@macula1269]

​@@piouyang exactly he only played a shell game with your money. He did almost nothing to lower the deficit.

[@piouyang]

@@macula1269 so your title is wrong,cry when he did nothing 2nd term,too early is bad for your body

[@macula1269]

@@piouyang could you try again, but this time in English? Better watch out. sounds like you might get deported on the 21st.

[@piouyang]

@@macula1269 you're falling for a left hill report,you mean nothing,but don't worry,a golden age will come.

[@blvke37]

Roll Call Vote 115th Congress - 1st Session Question: On Passage of the Bill (H.R. 1 As Amended ) Vote Number: 303Vote Date: December 2, 2017, 01:36 AM Required For Majority: 1/2Vote Result: Bill Passed Measure Number: H.R. 1 (Tax Cuts and Jobs Act ) Measure Title: To provide for reconciliation pursuant to titles II and V of the concurrent resolution on the budget for fiscal year 2018. Vote Counts:YEAs51 NAYs49 Paul (R-KY), Yea Paul (R-KY), Yea Paul (R-KY), Yea Paul (R-KY), Yea Paul (R-KY), Yea Paul (R-KY), Yea Paul (R-KY), Yea

[@Fastapproaching]

Trump needs tariffs so he can continue on his spending spree

[@Orangeclown2025]

If the tariffs work to stop imports then there is no tariffs income how's that going to replace income tax it's all tax on the American consumer either way

[@sortathesame8921]

If the tariffs work as they have historically, jobs will be brought back to the US and more jobs means more taxes coming into the governments coffers! Biden has added 12 million Americans to our welfare rolls. Every one of those people costs the tax payer money, far better they go back to work!

[@supertech-h7e]

Tariffs raise cost of foreign goods making US production incentivized, new businesses pay commercial property and income tax, there is also a multiplier of employee economic activity, homes, cars and pursuits of happiness.

[@Jimmy-yu9xy]

Tariffs will cost the consumer 25% more for imported products. Of course Trump thinks things like oil, electricity, minerals and other high end products will just suddenly be supplied in America. Lol

[@KevinSmith-dq9tz]

​@@Jimmy-yu9xy They can and should be.

[@supertech-h7e]

@@Jimmy-yu9xy You're clearly not an essential worker in the knowledge economy. Lol

[@rickmartin9420]

Trump is not going to merely implement tariffs. Rather, he is going to implement tariffs and then print a bunch of money to send subsidies to pay all the rich people who were affected by the tariffs - Just like he did in his first term.

[@Daluxbroker]

lol

[@Orangeclown2025]

Trump spent 8 trillion in 4 years why would he spend less this time enjoy your time inflation and tariffs

[@PaulineHendricks-wt9oc]

Yeah, but with Biden we are many trillions more in debt than ever before.

[@Johnnywalnuts1]

Paul is lame af and the rat study was one of the most important studies ever done.

[@ddd007ddd00]

I am at the beginning of my "investment journey", planning to put 385K into dividend stocks so that I will be making up to 30% annually in dividend returns. any good stock recommendation on great performing stocks or Crypto will be appreciated.

[@sittichokkonsue]

As a newbie investor, it’s essential for you to have a mentor to keep you accountable. Ruth Ann Tsakonas is my trade analyst, she has guided me to identify key market trends, pinpointed strategic entry points, and provided risk assessments, ensuring my trades decisions align with market dynamics for optimal returns.

[@AlbertEischted]

I managed to grow a nest egg of around 120k to over a Million. I'm especially grateful to Adviser Ruth Ann Tsakonas, for her expertise and exposure to different areas of the market..

[@sittichokkonsue]

I don't really blame people who panic. Lack of information can be a big hurdle. I've been making more than $200k passively by just investing through an advisor, and I don't have to do much work. Inflation or no inflation, my finances remain secure. So I really don't blame people who panic.

[@AlbertEischted]

Without a doubt! Ruth Ann Tsakonas is a trader who goes above and beyond. she has an exceptional skill for analysing market movements and spotting profitable opportunities. Her strategies are meticulously crafted on thorough research and years of practical experience..

[@ddd007ddd00]

how would you recommend i enter the crypto market? I am also looking at studying some traders and copying their strategy rather than investing myself and losing money emotionally.. What's your take on this approach? and How can i reach her, if you don't mind me asking??

[@CanuckRunner]

What does Stormy Daniels have in common with American farmers? They both got screwed and paid off by Trump.😂😂😂😂😂😂😂😂😂 The whole laughing at Americans 😂😂😂😂😂😂😂

[@kttba77]

Remember when Trudeau Banned 1500 things people use to Defend Themselves or their Country. Great Memories.

[@seeekerman1342]

Can You Write a Complete Sentence???

[@CanuckRunner]

@ 😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂 You Americans must love your convicted felons?😂😂😂😂😂😂😂😂😂😜😜😂😂

[@HAD97]

@@seeekerman1342 He got excited and effed up.

[@jerrypeal653]

Brain is frozen.

[@KayDee-mz7pp]

Guide me in then

[@KayDee-mz7pp]

Cause im gon a put the truth

[@KayDee-mz7pp]

Bus?

[@Bunnymoon-v3x]

Yeah sure the tax money greed ect can add to price higher on goods , how much yall pay for food like a box of cereal inlike almost 9 to 10$ dollar for ny name brand that was a staple as i was growing up at liie 2.49 a box today wtf an yet the private store charges you 4 5 time th amount of the item plus tax an delivered if you need it i mean ground beef for 1.5 lb is like 25$ tst for usda choice that even th lesser grade an even the most cheaper quality b do you wan to eat grade f meats like no ! ( which also makes you sick after eating it ) then to u have potato that are lie 6$ a bad for roit or very lowest grade possible of food quality n quantity like there so small or ill effected thy go bad in less then 3 day of shelf life after you but them wont an out for 35 40 days apart that 1 month fed or gov count you get it ; on the little help i get for snap food assistances, rice any ging tbh is sky high an let nt even get to the good part for one roll of th cheapestbeand of toilet paper the oe thta rip ur bottom havlf off n ase all manner of ish where it dont belong due to tr process of it an he chemical added to the at tie recycled paper 😮 ) i assume yall dont hae that for yall life right an wait 15$ fro deodorant can n buy the o hta cause you brake out ill effects health an so on ( yeah I heard ity fault i chot to be sick by my own account by the fed gov local an what have ye) any way yeh it can raise the price a bit lol nt ven sock are less then 15 unless you look lie ur from the pig swine all his on ssi wow wait i forgot cant even get a apt it a 3x 5 no window nohig n pay 3000 $ monhly they say ita apartment tf tt smokeing n yet wai thier is no resorce for ppl like us sure ssdi but not for us an aure i hear we reatred special case mentally handicapped patient 😂❤ got love hat on it was a genius 😐 buh sure nothing to knw here or see it all good 💯 thank Pennsylvania for not givein a rats azz about any on but yall self kep lieing to ppl oh an thta be in Philly which eer one hates why cause thye dont give af! Do i ever think any thi gona change nah it happen ove 45 years will continue another gen it ture ya ll put o much emphasis on the next10 years an new gen miln lmfa ( not funny) yall said that when i was that gen z an miln smdh lol an yeah yall gave thm what we wanted no they ungrateful an we out an not our children at us so thanks yall will never be anything different so it meh cool beans 🫘

[@KevinSmith-dq9tz]

Bunnymoon please stay in school. I needed a translater just read all that. 🤦‍♂️

[@trustmetrusty3169]

Punctuation and grammar are something that should be considered prior to attempting to convey an opinion. If you want anyone to understand your point of course.

[@PeterSordillijr]

ran Paul you need to get the hell out the government!

[@KayDee-mz7pp]

Cause im gon a put the truth