Maher: SVB Collapse & Inflation ‘The Result’ of Rampant Government Spending
“You cannot put $6 trillion that you don’t have in people’s pockets and not expect some inflation,” says liberal talk show host.
HBO’s “Real Time” host Bill Maher explained that the collapse of Silicon Valley Bank is “connected” to the rampant government spending during the COVID pandemic and the subsequent inflation.
Former presidential candidate Andrew Yang told Maher on his show Friday that it was the out of control inflation that prompted the Federal Reserve to begin hiking interests rates, which led to the implosion of SVB.