So in the last four years, we've seen an aggregate inflation of about 26%.

So that's a quarter of your purchasing power.

Fush gone, just disappeared across the board.

So $11 trillion get printed in the last four years.

In this episode, I sit down with Stefan Rust, founder and CEO of Truflation, a blockchain-based

financial data service that provides real-time economic and inflation data.

The budget deficit has just gone out of control where the debt has been accumulated nearly

$40 trillion.

I think it's so hard to even fathom the magnitude of $40 trillion. I think it's so hard to even fathom the magnitude of $40 trillion.

How big is that? What will be the impact of Doge's aggressive cost cutting? Will it cause a

short-term reduction in the size of the U.S. economy? Some people have been talking about

the risks of deflation. Is that really a concern?

And what will be the impact of Trump's tariffs?

This is American Thought Leaders, and I'm Yanya Kellick.

Stefan Rost, such a pleasure to have you on American Thought Leaders.

Thank you very much for having me.

Look forward to this, really.

There's been a lot of interesting things happening in the U.S., specifically at the U.S. Treasury,

with the Doge efforts of Elon Musk and a number of others. What's your reaction to this?

Fantastic. Yeah, no, in summary, I think, you know, it's long needed. I think budget deficits have been just growing and accumulating. Regulations and bureaucracy has just been layered on top of each other every single year, every single new administration. there's never an extraction of old laws.

And ultimately, this is a good thing. It's cleaning up shop, really, and tightening up the budget again and trying to get back to normal household management and budget management, which is good thing.

Well, so layout for me what that actually means, right?

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