Gavin Newsom: “Inflation pressures. We're now having the echoes. I mean…”

“I saw today 40, 47 cents in West Virginia. 47 cents. Same number in Indiana. And that's just a few days into this war. Wait and see. Inflation pressures. We're now having the echoes. I mean, cue up the song around stagflation. We're gonna all start having that conversation. And obviously this big, beautiful betrayal. And what's happened in terms of the deficit and debt that is going to be exacerbated by …” (45:48–45:54)

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.