US stimulus and global inflation & the gamification of trading
The $1.9 trillion stimulus bill has made its way through both houses of Congress and is on the way to President Biden’s desk. Boom Bust co-host Ben Swann and Professor Richard Wolff, host of the Economic Update, lend their analysis and forecasts about the potential efficacy of the programs in the bill. Plus, Big Tech is seeing an unprecedented surge of anti-trust regulation around the globe, and could soon see some measures in its home country. The role of energy in geopolitics is being highlighted as one of the Biden administration’s earliest issues will be Russia’s Nord Stream 2 pipeline to Germany. This comes after a month of skyrocketing oil prices as the commodity rallies on optimism and pent-up demand. Boom Bust’s Christy Ai and David McAlvany of McAlvany Financial analyze the movements and the ‘game-ification’ of trading in the wake of the GameStop saga.
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