Former NYSE chair warns Democrats' spending agenda will accelerate inflation, not curb it

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Former NYSE chair warns Democrats' spending agenda will accelerate inflation, not curb it
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Former NYSE chairman and CEO Dick Grasso urges Congress to start listening to middle America and spend wisely instead of spending to appease Wall Street.

Former NYSE chairman and CEO reacts to government's recent spending spree on 'Cavuto: Coast to Coast.'

Former New York Stock Exchange CEO Dick Grasso argued Friday that Washington splurging on two new spending bills would accelerate inflation and hurt middle America, telling "The reality is when you pour money into the economy, and just look at the reconciliation bill and the chips bill which are on the table right now, we are looking at $1 trillion worth of new money potentially coming into the market.

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