Look at the price of food, look at the price of energy, look at the price of housing, look at the price of insurance. I don't know if any of you have gotten your auto insurance bill, but when I got mine, My auto insurance bill jumped up by over 30% in just one year. We're all seeing those impacts. How does that work? Why does all that deficit spending create inflation? Because inflation is always a monetary event. What does that mean? (05:20–05:31)
CLAIM
Asserts that auto insurance costs have significantly increased.
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