Inflation Is Your Fault (The Atlantic)
(www.theatlantic.com)
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Like food and gasoline? These people are insufferable
What happened here lmao? Did some shill decide to throw themselves onto the mods spears again?
Technically Joe Biden has been in congress + vp for decades. So he is responsible.
Plus the ass holes that voted him in office and here’s a fact: Biden taught Clinton’s and Mr. and Mr. Obama’s (dudes) how to bend over the American tax payers and sodomize them/us.
Pass the buck? Are you retarded?
answer is yes
Read this article and gain some insight to how the economy really works:
https://theconservativetreehouse.com/blog/2017/07/17/multinational-corporations-and-the-export-of-american-wealth/
Some people were in the middle of things, like renovations. Kind of hard to stop when your house needs roof, siding, insulation, heat, water, etc Life does move on.
Hyper-inflation can cause one to spend the money now before it loses even more value.
If someone audited where the money “printed” by the Biden Administration went they would not find it in the pockets of average Americans. I seriously doubt that money has bought much in the way of typical consumer goods at all. But, big business knows the Biden Administration’s policies provide a perfect cover for raising prices.
I think they’re printing money to float the stock and bond markets until the next election. They just can’t risk having them correct (crash) in the next year. So in a sense, there are a lot of people cashing out of the markets who are looking for places to park this money. On the flip side, by devaluing the currency by doing this, they force foreign holders of the dollar (ie China) to spend their reserves while they still have value. This buying spree drives up the cost of commodities around the globe as nations compete to secure resources prior to an inevitable collapse.
"People gotta eat" says the fat lady at a blm riot.
With her arms full of looted sneakers..
Meanwhile GM does another stock buyback.