ANOTHER huge, gigantic creepy Joe lie: middle and working class taxes may not rise: BUT THEY WILL SUFFER HORRIFIC INFLATION, suckers

Apollonian

Apollonian

Guest Columnist
A Dollar back when creepy Joe got into office, is now only worth 85 cents in buying power (according to Sen. Ron Johnson R-WI), suckers--IT WILL GET WORSE, scum

 
Central-banks SHOW THEIR HANDS, suckers--we're going to get HUUUUGE INFLATION, morons. Swiss cent. bank has ALREADY begun. U ask why?--well, if u have a trillion dollar debt, then by inflating u REDUCE the value of the currency units, right? Thus inflating reduces the debt--they're going to INFLATE their way out of debt (which was made by deficit-spending [more than what they were taking-in in revenues, suckers], also called "borrowing"). Thus they want to "reduce" the debt so they can do yet more spending, suckers--get it?--they don't care about the people who are going to be horribly impoverished. We're all going to be a lot poorer, morons--except for the top 1 or 2 percent.

 

Grocery prices up 40% since 2019; US 10-year inflation-adjusted yields peak; Inflation is going to shock a lot of people​

April 8, 2024 2:17 pm by CWR

Link: https://citizenwatchreport.com/groc...19-us-10-year-inflation-adjusted-yields-peak/

[see vids at site link, above]

Grandma Yellen’s recent claim that inflation will continue to decline might sound comforting, but for many hardworking Americans, it’s far from the truth. Despite assurances from Washington, the reality on the ground tells a different story.
Take a stroll through the grocery store aisles, and you’ll notice the price tags climbing steadily upward. From everyday essentials to household staples, prices have surged by over 40% since 2019, pinching the pockets of families across the nation.

But perhaps what’s even more alarming is the disconnect between official statements and the lived experiences of everyday Americans. Treasury Secretary Yellen’s confidence in declining inflation feels out of touch when families are struggling to make ends meet amidst rising costs.

See also The poor have not been this poor since great depression

It’s not just about groceries; it’s about the broader economic impact. Inflation-adjusted yields on US 10-year bonds are hitting their highest levels in 2024, signaling underlying concerns about the economy’s health.

Yet, amid these warning signs, the voices from Washington continue to downplay the severity of the situation. It’s a tale as old as time: the people in power weaving a narrative to keep the masses docile, all while the truth remains buried beneath layers of political rhetoric.
But the truth has a way of surfacing, and as Americans grapple with the everyday realities of inflation, they’re waking up to the fact that the promises of those in power don’t always align with their lived experiences.
So, while Grandma Yellen may remain confident in her predictions, for the rest of us, the rising tide of prices serves as a stark reminder that sometimes, the truth lies beyond the halls of Washington.

See also US GDP surged 3.4% in Q4 2023, $2 trillion deficit risks inflation re-surge, each citizen faces $636,000 unfunded entitlements.
 

Top Economists Including Obama’s Treasury Secretary Discover Real Inflation Number Under Biden Reached 18%, Still Hovering at a 40-Year High​

Infowars.com
April 12th 2024, 9:50 am

Link: https://www.infowars.com/posts/top-...-reached-18-still-hovering-at-a-40-year-high/

[vid at site link, above]

Study vindicates Americans struggling under Biden regime.

A now-viral research paper by four renowned economists including Lawrence Summers, who served as the Secretary of the Treasury under the Obama administration, has revealed that the real inflation rate under Biden, using pre-1983 calculations, reached 18% in 2022.
Originally released in February, the National Bureau of Economic Research study is vindicating American consumers struggling under the Biden administration despite repeated MSM articles saying the economy is fine.

“The researchers also found that if the pre-1983 calculations for the Consumer Price Index (CPI) or inflation rate has not come back down under 7 percent since its peak in 2022,” reports The Gateway Pundit. “This study explains why American consumers are feeling squeezed under Joe Biden – inflation is eating up all their money.”
Below is Summers’ thread on X about the issue:
https://www.infowarsstore.com/catal...utm_medium=banner&utm_content=wintersunbanned

Learn Why The Globalists Are Killing Their Own Monetary System
 

Electricity prices have skyrocketed by 29.4% since January 2021, outpacing inflation by a whopping 50%!​

April 12, 2024 4:04 pm by CWR

Link: https://citizenwatchreport.com/elec...ry-2021-outpacing-inflation-by-a-whopping-50/

Energy prices, particularly the cost of electricity, have skyrocketed since President Biden took office, outpacing inflation and putting a dent in Americans’ wallets.

See also The Fed’s Own Research Tells Us Another Round Inflation is Coming

Since January 2021, electricity prices have soared 29.4% — 50% more than overall inflation — rising 13 times faster than the previous seven years, according to a Wall Street Journal analysis of Bureau of Labor Statistics data.

Meanwhile, in those seven years before Biden took office, electricity prices rose just 5%.

See also Gold hits all-time high quarterly close, signaling anticipation of further inflation amid rising energy and commodity prices.
nypost.com/2024/04/12/us-news/electricity-costs-soar-under-biden-administrationenergy-prices-soar-under-biden-administration/?utm_medium=social&utm_campaign=nypost&utm_source=twitter
 
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