E.J. Antoni

Yeah, absolutely. In fact, depending on which metric you want to use, some of it show this happened for the month of March, others for the month of April. So it just depends on which individual metric. We actually have a lot of different ways to measure inflation. But several of them now have showed prices actually declining. In other words, inflation went negative.

So we talk about inflation a lot and say, OK, inflation came down. What does that mean? Right. It just means that prices are going up slower than they were before. So it's like if you're driving along in your car, your speedometer is showing you the inflation rate, how fast you're going down the road. The mile markers on the side of the road are showing you how far along you are.

So we talk about inflation a lot and say, OK, inflation came down. What does that mean? Right. It just means that prices are going up slower than they were before. So it's like if you're driving along in your car, your speedometer is showing you the inflation rate, how fast you're going down the road. The mile markers on the side of the road are showing you how far along you are.

So we talk about inflation a lot and say, OK, inflation came down. What does that mean? Right. It just means that prices are going up slower than they were before. So it's like if you're driving along in your car, your speedometer is showing you the inflation rate, how fast you're going down the road. The mile markers on the side of the road are showing you how far along you are.

So if you slow the speed of your vehicle down, you're still going forward. Yes. Right. That means the mile markers continue going up. So, yes, inflation has come down, but prices are still rising. So what we saw again in either April or March, depending on which metric you want to use, is that some prices were actually going down. That's phenomenal news.

So if you slow the speed of your vehicle down, you're still going forward. Yes. Right. That means the mile markers continue going up. So, yes, inflation has come down, but prices are still rising. So what we saw again in either April or March, depending on which metric you want to use, is that some prices were actually going down. That's phenomenal news.

So if you slow the speed of your vehicle down, you're still going forward. Yes. Right. That means the mile markers continue going up. So, yes, inflation has come down, but prices are still rising. So what we saw again in either April or March, depending on which metric you want to use, is that some prices were actually going down. That's phenomenal news.

Well, so not only do they have more money to spend, but the money's going further. So the big problem under Biden was the fact that, yes, the average paycheck just went through the roof. Yes. But it didn't go up as fast as prices. Prices outpaced everybody's earnings. Exactly. Exactly. So that's why people were so frustrated with the fact that, yes, they were working additional jobs.

Well, so not only do they have more money to spend, but the money's going further. So the big problem under Biden was the fact that, yes, the average paycheck just went through the roof. Yes. But it didn't go up as fast as prices. Prices outpaced everybody's earnings. Exactly. Exactly. So that's why people were so frustrated with the fact that, yes, they were working additional jobs.

Well, so not only do they have more money to spend, but the money's going further. So the big problem under Biden was the fact that, yes, the average paycheck just went through the roof. Yes. But it didn't go up as fast as prices. Prices outpaced everybody's earnings. Exactly. Exactly. So that's why people were so frustrated with the fact that, yes, they were working additional jobs.

They had more income. They got raises, whatever the case may be. But they could still afford less than they could four years prior. Right. That was the big problem.

They had more income. They got raises, whatever the case may be. But they could still afford less than they could four years prior. Right. That was the big problem.

They had more income. They got raises, whatever the case may be. But they could still afford less than they could four years prior. Right. That was the big problem.

Right. Right. Under Trump, it's been exactly the opposite. Has it been already? Yes. If we look at how fast incomes have risen compared to prices, incomes have risen about 1% faster. Now, obviously, that's not a huge number, but we're only a few months in. And the fact that we're already seeing this much of a difference, I think that's tremendous.

Right. Right. Under Trump, it's been exactly the opposite. Has it been already? Yes. If we look at how fast incomes have risen compared to prices, incomes have risen about 1% faster. Now, obviously, that's not a huge number, but we're only a few months in. And the fact that we're already seeing this much of a difference, I think that's tremendous.

Right. Right. Under Trump, it's been exactly the opposite. Has it been already? Yes. If we look at how fast incomes have risen compared to prices, incomes have risen about 1% faster. Now, obviously, that's not a huge number, but we're only a few months in. And the fact that we're already seeing this much of a difference, I think that's tremendous.

Sure, sure. So there'll be some that are very broad, like energy, and then there's some that are really hyper-specific, like eggs. Taking the latter one first, what we saw under Biden was this insane policy where they were literally paying the farmers of egg-laying hens more to kill chickens to cull flocks than they could get by raising those chickens and bringing the eggs to market.

Sure, sure. So there'll be some that are very broad, like energy, and then there's some that are really hyper-specific, like eggs. Taking the latter one first, what we saw under Biden was this insane policy where they were literally paying the farmers of egg-laying hens more to kill chickens to cull flocks than they could get by raising those chickens and bringing the eggs to market.

Sure, sure. So there'll be some that are very broad, like energy, and then there's some that are really hyper-specific, like eggs. Taking the latter one first, what we saw under Biden was this insane policy where they were literally paying the farmers of egg-laying hens more to kill chickens to cull flocks than they could get by raising those chickens and bringing the eggs to market.

And yes, that was in response to the avian flu, but it was a very stupid way to handle it because you caused hens that were perfectly fine to get slaughtered en masse. So if you kill all of the egg-laying hens, what's going to happen to your egg supply? It's going to plummet. That's exactly what happened. We had shortages. We had prices go through the roof.