With inflation rising and Congress pumping out massive spending bills, conservative media have focused renewed attention on financial issues — and lent significant airtime to some of the very companies underwriting their shows.
Why it matters: Politics is bleeding into financial advice, and all incentives are to play up impending economic disaster.
“Buy gold” ads have been a cable news and talk radio staple for years. But the present focus on precious metals as a hedge against rising prices is aligning pundits’ ideological and financial interests.
The result is a blurred line between political commentary and paid advertising.
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