Ben Maisel

You lose the vote and then you deal with it.

That's what adults do.

That's what happens with adults.

And then you have that going on in the House.

And then just think about how out of touch they are, because this is what's going on in the White House, where Donald Trump's holding this press conference.

You got this guy behind Donald Trump, which just completely distracts me with his belly and his Audi belly button just continues to distract me during this whole video.

But then Donald Trump is out there saying affordability.

What's this word, affordability?

Here, let's play this clip.

Expo inflation is up 3.8% year over year.

CPI, PPI, wholesale inflation, producer inflation is up 6%.

Based on the monthly increases of inflation, we believe inflation will rise to 5% CPI by the end of this year.

Notably, while we were talking about rate cuts before, what will probably happen is interest rates will rise.

And some of the next votes, that's likely the outcome, interest rates increasing.

And he may be saying, well, didn't Donald Trump just appoint that Warsh guy who's the new chairman of the Federal Reserve?

Wasn't he going to lower interest rates?

He doesn't have that power on his own.

There's still enough votes that are on because the former chairman

jerome powell did not resign he's still on the board there's enough votes that the board has enough people that aren't going to do what donald trump tells them to do and when inflation surges the way you reign it under control is to increase the interest rates

and that bring that in theory helps bring down inflation it could also induce recessions um but that's that's where we that's where we are right now and from 2020 to the current moment we're talking about 29 to 30 percent inflation since 2020. so for everybody who's like well we don't like biden and biden's inflation da da da da da biden's inflation towards the end of his term was heading down to two percent