A recent “Today’s Cryptogram” was this Milton Friedman quote:
“Inflation is always and everywhere a monetary phenomenon in the sense that it is and can be produced only by a more rapid increase in the quantity of money than in output.”
Until they acknowledge that creating money out of nothing caused the problem, they will never be able to fix it. Not that they really want to.
It's not even the Russian invasion of Ukraine that is driving up oil prices, it's the sanctions on Russia that is driving up oil prices. Biden controls that, but he won't.
The bottom line is that Biden just doesn't want to be blamed for inflation. He doesn't care that it is here to stay for a while.
Slow Joe, The Hoe, and their large gang of criminal co-conspirators “top priority” is to keep getting richer and more powerful.
If, along the way, they destroy America, well, that is just the way the cookie crumbles.
Throughout our history, EVERY SINGLE economic downturn has been caused, some would say intentionally, by misguided and corrupt “public servants!”
Glad I refinanced last year @ 2.5%
Usually I procrastinate, not this time, yay, lol
ABC News has a rotating sidebar with a quote from Joe’s AFL-CIO speech:
“My plan for the economy made extraordinary progress.”