Tucker Carlson: Inflation is not a temporary problem, it is real and it is here

Fox News ^ | 13 October 2021 | Tucker Carlson

[MeneMeneTekelUpharsin]

Tonight, the Fed is still partying with your currency like this is the richest country in the world

There's probably no institution in American life that has more effect on how you live, but that we talk about less than the Federal Reserve. People don't care to talk about the Federal Reserve because it seems very complex and a lot of what it does is in fact complex. Unless you have a grounding in monetary policy, it's hard to know exactly what's going on. But the basics aren't that complicated, actually, and here are a few of them. The Federal Reserve was created way back in 1913 by an act of Congress, and it had really two main goals: maximize employment and keep prices stable—keep inflation under control. Those are virtuous goals. But it may be a measure of the way that bureaucracies work, that over time the Federal Reserve has actively undermined both of those objectives.

It's the classic story of the fireman turned arsonist or, for that matter, the COVID czar who helped create COVID. Irony of ironies—seems like we read a lot of those lately. In the case of the Federal Reserve, consider something called quantitative easing. That's the main thing the Fed has been doing since the financial crisis of 2008. Every month, the Federal Reserve officials print more than 100 billion new dollars in American currency, and then they inject those dollars into our financial system by buying assets like bonds and securities. This is not a normal thing to do, it's a radical thing to do, and it was supposed to be temporary. It was in response to a crisis.

[MeneMeneTekelUpharsin]

This is the first time in my life where someone in the mainstream media has told the raw truth about inflation. I have never seen this.

[Diana in Wisconsin]

Excellent article. Thanks for posting.

Mother Government, in all of her nefarious forms, is an insatiable beast that is eating us all alive.

‘We The People’ are on our own. Plan accordingly, FRiends.

[RandFan]

Never seen it either

Well done Tucker

I wonder if he will have Peter Schiff on again?

[JonPreston]

He also told the truth about the FED and the people currently involved. He brought it all back to 1913 and the meeting at Jeckel Island, iow things some of us have been trying to tell conservatives (except Ron Paul) for years.

[central_va]

When a country that doesn’t make or mine anything you become a consumer 3rd world nation that has constant financial problem importing goods and exporting wealth. The only thing of value that is being sold to keep the economy going is real estate.

[moovova]

The only thing Tucker left out:

“Two weeks to flatten the curve...”

[Leaning Right]

You’re right about that. For a couple of decades now we have been an economic colony of China. Trump understood that, and he tried to change things. So of course he had to go.

[alexander_busek]

Inflation is not a temporary problem

And even if it were only a "temporary problem?"

Germany, during the Weimar Republic era, also had only a "temporary phase" of hyperinflation.

But that was enough to ruin the economy.

I suggest that we take the elected officials backing this money-grab and subject them to a "temporary" tar-and-feathering.

Regards,

[Vaquero]

The way to crush the bourgeoisie is to grind them between the millstones of taxation and inflation.

Vladimir Lenin

[kabar]

We should get the inflation rate for September today. It will help determine the COLA for SS and federal pensions. Some estimates are 6%, the highest it has been in decades, i.e., since 1982.

https://www.ssa.gov/oact/cola/colaseries.html

[Carriage Hill]

Tucker always tells it like it is.

Here are his editorial opinions on lots of subjects:

https://www.foxnews.com/person/c/tucker-carlson

[freddy005]

The truth is that 99.5% of the US population doesn’t know or realize that the US “Federal” Reserve is a PRIVATE institution masquerading as a government institution. Who owns it and from where is still a mystery after over 100 years since it’s creation. The value of the Dollar has lost 90% of its value since 1913….ironic since the supposed purpose of the Fed Reserve was to help protect the purchasing power of the dollar. Another interesting tib bit that most Americans don’t know- the same year that the Federal Reserve was created (12/23-24/1913)- the Federal “Income” tax was put into law and imposed! The hard truth is that today the taxes we pay is solely for the purpose of being able to cover the INTEREST on the debt that the government can borrow- it’ll NEVER repay the debt that was created out of thin air by a PRIVATE institution that collects billions (and soon to be TRILLIONS) every year in interest payments alone!! If us conservatives/ libertarians truly wanted to stop the Communists/Socialists/ Leftists from their dominance in power (in every aspect from Big Government, Big Media, Big Finance, Big Tech, Big Business, Big Sports, Academia etc) then we need to start EDUCATING everyone we know about the truth of The Fed Res and either we put an end to it or we force the ability to trade in an alternative currency (backed by precious metals) and let the LFET and their commie allies implode on their own debt finances- like the USSR! Read: The Creature From Jekyll Island by G. Edward Griffin

[californian by choice]

We are a few steps from the threshold of being a Venezuela; Are we ready to live in George Orwell’s Oceania

[woodbutcher1963]

Tucker and Gutfeld are the only ones left on Fox worth watching.

I mostly watch them now on YouTube.

[Carriage Hill]

Ditto that, here.

[JimRed]

It will inconvenience the rich. It will harm the middle class. It will devastate the poor.