Posted on 07/13/2022 5:13:34 PM PDT by nickcarraway
“Maybe this whole inflation cycle is planned, just clearing the decks for the Great Reset to come when government goes global.”
We are on the longest inflationary cycle in the history of the United States.
If you weren’t alive in the 1930’s than you’ve never experienced a deflationary cycle, you’ve only heard or read about it.
We won’t experience deflation with interest rate hikes, the money supply would need to be cut, as well.
Historically that is how bankers got rid of the “speculative rot” that took hold during the cheap money eras.
Brandon won’t fight inflation because he doesn’t give a rip about the American people.
“AI and robotics will likely replace a sizeable chunk of low-skilled labor in our economy decreasing the tax base and raising the cost of unemployment.”
IMO robots and AI are overrated at this current period in history.
The low skilled work is where we need a labor force, because many of those jobs are necessary for the continuation and maintenance of civilization “as we know it.”
If robots & AI aren’t “knocking out” the bloated public & private sector “office fat” that has accumulated over the last 4 decades. Then they serve no purpose.
The overpaid fat in this economy needs to produce or find a different occupation to add value. The current globalist construct is unsustainable.
Or the governors who will benefit from increased tax revenue created by higher prices. TAXATION WITHOUT REPRESENTATION Once again!
WWG1WGA!
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“He won’t fight inflation because he has dementia.
His handlers won’t fight inflation because they hate this country and want to destroy the concepts of life, liberty and the pursuit of happiness.”
Nailed it!
True.
Thanks for link which I should have posted.
Biden won’t fight inflation because he wants us peasants to suffer.
That the unions and ‘greenies’ think they want the same thing is just icing on the cake.
Also, he wouldn’t have a clue how to do it if he did want to fight it.
Wow. Good pic. See the calculating, sleazy, near demonic look on the face of Jimmah’s pal Joe. He hasn’t changed just because he’s a vegetable now. I’m using this.
I don’t believe that for a minute. He doesn’t want to do anything to help anyone in America. He just wants to torture us and tell us out to the Chinese. And whoever else you can get to buy us .Maybe Saudi Arabia?
OMG. Fight inflation? He is causing it, so why would he fight it? I thought all FReepers knew this.
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