Posted on 02/15/2022 6:05:26 AM PST by Browns Ultra Fan
Biden and The Fed have a seemingly never ending problem for Americans: Inflation.
Today, the Final Demand Producer Price Index (PPI) printed at 9.7% YoY.
Biden claimed inflation was caused by COVID. How about 1) Biden’s anti-fossil fuel policies combined with 2) excessive fiscal (Biden and Congress) and excessive monetary stimulus (Fed)?
The Fed held its behind-closed-doors meeting on Monday, but nothing has been released about what they discussed. Suffice it to say, they have left the staggering monetary stimulus in play.
I wonder if The Fed is concerned about a soft landing with proposed rate increases.
(Excerpt) Read more at confoundedinterest.net ...
Covid was present when Trump was president. One could argue that its impact was worse then because of the initial fear and uncertainty. Yet inflation was minimal.
So this inflation is not a Covid thing. It’s a Biden thing. Hopefully average folks will begin to connect the dots on this.
Inflation is merely an effect.
Electricity will be the next cudgel (aside from food). The signs are everywhere (e.g., CA).
It will also be our Achilles Heel.
I firmly believe that I will live to see it.
“Hopefully average folks will begin to connect the dots on this.”
Only if their TV tells them how to connect those dots.
AND Their it is! The fake compliance news mediapukes narrative ...Don’t blame Brandon it was that pesky Covid virus who cost the inflation!
It’s pretty obvious that the US government never intends this debt to be paid. They are spending like someone with a credit card who knows yet are filling bankruptcy next month.
It should also be obvious freedom isn’t returning without a fight.
More here:
Americans’ inflation fears declined for the first time in over a year in January.
The median expectation is that the inflation rate will be up 5.8% one year from now, down from an 11-year high of 6%, according to the New York Federal Reserve’s Survey of Consumer Expectations. It marked the first time since October 2020 that consumers’ short-term inflation expectations fell. Inflation expectations over the next three years also dropped to 3.5%, down from 4% last month.
Inflation is NOT due to COVID. Inflation was caused by BIDEN and CONGRESS!!!!!!!
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Absolutely. Get this straight. Confiscating the earnings of America’s producers and loaning it out to corporations has nothing to do with controlling inflation. Its purpose is to remove profit from private investment. Why would corporations pay you for your investment when they can borrow it free from the federal government. This way the federal government becomes the only holder of wealth in the United States.
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