Drew
๐ค SpeakerAppearances Over Time
Podcast Appearances
That's what he wants.
Yeah.
There's an argument breaking on chat right now of whether Tim Wall should be in jail.
Yeah.
Uh, G could pull up 28 on the sheet.
Uh, I think it's time to talk about your favorite topic in the world.
Um,
It's inflation.
True inflation numbers just dropped.
The numbers look amazing.
They look awesome.
They look amazing.
Early estimates, nothing solidified.
We haven't got things pressed out yet.
But as we're pulling this up, I want to kind of start with the GDP numbers because there's something interesting you said earlier.
GDP was up 4% in Q3 of last year.
People were celebrating their high five.
When we go into that second layer of it, we realize that 50% of that is consumer spending.
When we click into that, we go into that consumer spending, we realize that 47% of that consumer spending was the top 1%.
So now we're starting to say that, yes, the economy is booming and we are growing, but the K is definitely K. So is it one of those things that GDP number go up, it's a win regardless, or is this...