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'Wolf of Wall Street' Jordan Belfort says Biden's 'poorly managed' economy is a 'self-inflicted gunshot wound'

Infamous former stockbroker criticized President Joe Biden’s as “poorly managed” in a Wednesday night appearance on Fox News.

More ruinous news about Biden’s economy was released this week. The U.S. Bureau of Labor Statistics (BLS) reported on Thursday that the producer price index – a “family of indexes that measures the average change over time in selling prices received by domestic producers of goods and services” – is up 11% from a year ago and down slightly from March’s record 11.5%.

The Labor Department also reported that the rate of for consumer prices had increased by 8.3% in April, a marginal decrease from March’s 40-year high of 8.5%.

The earnings growth rate is being outpaced by inflation.

Wall Street is also struggling. The S&P 500 is down nearly 19% since the end of December – wiping out more than $7 trillion in market value from blue-chip

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