E.J. Antoni: CPI Reports Have Been Grossly Understating Inflation’s Reality

E.J. Antoni a public finance economist at the Heritage Foundation joins Steve Bannon’s WarRoom to discuss Wall Street being down 500 points over panic from the latest Consumer Price Index report and the Fed not being able to cut rates due to inflation. Antoni also touches on turmoil in the housing market which has left many young Americans disillusioned with the economic situation Joe Biden has created. The cost of homeownership has gone up 80% since Biden took office. This is 4x what the CPI has been stating. Bannon explains that the economic strain is all an effort to take down Trump as the globalist powers fear his resurgence. This is seen in collaborationist efforts of the Fed and Treasury.