October 14, 2026 — President Trump says inflation can pay down the national debt. Rudy Havenstein calls inflation “a super regressive default,” arguing that it shifts the cost onto ordinary households while the wealthy are better positioned to benefit.

Zach Abraham and Rudy discuss what official inflation measures miss, the Fed’s role in supporting asset prices, rising wealth inequality, and why Rudy sees “too big to fail” and “too big to jail” as connected problems.

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