Summary: <p>The Heartland Institute's Donald Kendal, Justin Haskins, and Chris Talgo present episode 318 of the In The Tank Podcast. On this episode, the ITT crew talks inflation, why it is considered a “hidden tax,” why the administration is trying to underplay inflation, and what is going to happen with inflation in the future.</p> <p> </p> <p><strong>INFLATION: BIDEN’S HIDDEN TAX</strong></p> <p><strong>NYT - This Year’s Thanksgiving Feast Will Wallop the Wallet</strong><br> <a href="https://www.nytimes.com/2021/10/25/dining/thanksgiving-inflation-supply-chain-food-costs.html">https://www.nytimes.com/2021/10/25/dining/thanksgiving-inflation-supply-chain-food-costs.html</a></p> <p><strong>Townhall -</strong> <strong>Americans’ Economic Confidence Plummets Amid Increasing Inflation and Shortages</strong><br> <a href="https://townhall.com/columnists/christalgo/2021/10/15/americans-economic-confidence-plummets-amid-increasing-inflation-and-shortages-n2597448">https://townhall.com/columnists/christalgo/2021/10/15/americans-economic-confidence-plummets-amid-increasing-inflation-and-shortages-n2597448</a></p> <p><strong>Breitbart -</strong> <strong>Bidenflation ‘Deluge’: October Saw Highest Level of Price Hikes Ever in Dallas Fed Survey</strong><br> <a href="https://www.breitbart.com/economy/2021/10/25/bidenflation-deluge-october-saw-highest-level-of-price-hikes-ever-in-dallas-fed-survey/">https://www.breitbart.com/economy/2021/10/25/bidenflation-deluge-october-saw-highest-level-of-price-hikes-ever-in-dallas-fed-survey/</a></p> <p><strong>Heritage Foundation - The Real Story Behind Inflation</strong><br> <a href="https://www.heritage.org/budget-and-spending/heritage-explains/the-real-story-behind-inflation">https://www.heritage.org/budget-and-spending/heritage-explains/the-real-story-behind-inflation</a></p> <p> </p> <p><strong>POLITICAL RHETORIC</strong></p> <p><strong>NYP - WH chief of staff slammed over post calling supply chain crisis ‘high class problems’</strong><br> <a href="https://nypost.com/2021/10/14/ronald-klain-retweets-post-calling-supply-chain-crisis-high-class-issue/">https://nypost.com/2021/10/14/ronald-klain-retweets-post-calling-supply-chain-crisis-high-class-issue/</a></p> <p><strong>Fox News – Psaki defends Biden WH Chief Klain’s ‘tone deaf’ inflation tweet</strong><br> <a href="https://www.foxnews.com/politics/psaki-defends-biden-chief-klains-tone-deaf-inflation-tweet">https://www.foxnews.com/politics/psaki-defends-biden-chief-klains-tone-deaf-inflation-tweet</a></p> <p>(Video) - <a href="https://twitter.com/townhallcom/status/1448741893836361733?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1448741924186300422%7Ctwgr%5E%7Ctwcon%5Es2_&ref_url=https%3A%2F%2Fwww.foxnews.com%2Fpolitics%2Fpsaki-defends-biden-chief-klains-tone-deaf-inflation-tweet">https://twitter.com/townhallcom/status/1448741893836361733?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1448741924186300422%7Ctwgr%5E%7Ctwcon%5Es2_&ref_url=https%3A%2F%2Fwww.foxnews.com%2Fpolitics%2Fpsaki-defends-biden-chief-klains-tone-deaf-inflation-tweet</a></p> <p> </p> <p><strong>INFLATION FUTURE</strong></p> <p><strong>Yahoo Finance -</strong> <strong>Twitter’s Jack Dorsey Predicts ‘Hyperinflation’ — Is His Warning Merited?</strong><br> <a href="https://finance.yahoo.com/news/twitter-jack-dorsey-predicts-hyperinflation-200908005.html">https://finance.yahoo.com/news/twitter-jack-dorsey-predicts-hyperinflation-200908005.html</a></p> <p><strong>Business Insider - Blackstone CEO predicts the energy crisis will worsen inflation and prompt social unrest</strong><br> <a href="https://www.businessinsider.com/energy-crisis-worsens-inflation-prompts-social-unrest-blackstone-ceo-2021-10">https://www.businessinsider.com/energy-crisis-worsens-inflation-prompts-social-unrest-blackstone-ceo-2021-10</a></p> <p><strong>[Please subscribe to the Heartland Daily Podcast for free on iTunes at </strong><a href="https://itunes.apple.com/us/podcast/heartland-daily-podcast/id557620400?mt=2"><strong>this link</strong></a><strong>.]</strong></p>
