On “The Rubin Report,” BlazeTV host Dave Rubin reacted to White House press secretary Jen Psaki's desperate attempt to convince Americans that a year ago nobody could possibly have predicted today's soaring inflation.
"We know, if we look at the recent inflation data, a per-, a large-, depending on which data you look at, two-thirds to even 70 percent of inflation data is a result of energy prices," Psaki stammered. "A- a- large part of that is the result — and, and, and Chairman Powell has spoken to this and Secretary, um, Secretary Yellen has also spoken to this — as a result of President Putin's invasion of Ukraine, and the impact on the gloyal-, global energy markets. Those are all steps and impacts that I don't think anyone could have predicted a year ago."
"Nonsense. Everyone could have predicted it," Dave commented.
"It's also a lie that this is all because of Putin ... we know that this isn't because of Putin, right. First off, prices were going up — we've covered this many times — gas prices were already up over a dollar before the the invasion of Ukraine. ... And do you think if you endlessly print money ... that the amount that you had first might start dropping? Well, that's what they've been doing. They endlessly print money," he added.
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