And that's why when we look at corporate profits, they're really not up after adjusting for inflation. So businesses, literally, in order to maintain their market share and be able to sell products, shielded … Massive government spending, deficit spending, printing the dollar too many dollars, chasing too few goods [causes inflation]. … higher than retail inflation or consumer inflation. So, Mr. Lawson, you say you travel all over. You're talking to seniors. Let me ask you a hypothetical question. (01:39–01:42)
CLAIM
Asserts that inflation is caused by government and deficit spending, and excessive money printing.
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