The David Lin Report · Friday, July 31, 2026
Florian Gomez states that rising oil prices, exacerbated by the Middle East conflict, are a primary driver of current inflation. He also points to increasing global money supply and suggests that reported inflation figures do not reflect the "real inflation" experienced by consumers. Gomez believes an "inflationary mindset" has also taken hold in public psychology.
“Well, I mean, there's no secret about the the rising oil prices overall since the beginning of the year and especially of course since the escalation in the Middle East and the Iran war.”
“I think that's of course has been the main driver and is still one of the main drivers when it comes to inflation, but at the same time, money supply also has been increasing over the years and cumulating and continuing to increase on a worldwide basis.”
“So it's the classic drivers for inflation and I think as we all know and the viewers even know better than me, if you go to the grocery store, the real inflation is a totally different thing than the one that is officially reported.”