It is clear that the Left is going to gaslight us on this issue of inflation. They'll tell you things are better in the US than other countries (of course, that is the benefit of being the reserve currency, the world has to help support our excess, however, that is also why they are forming BRICS because enough is enough). We know how bad it is here, so if it is much worse in other countries that is something that will lead to war. People would rather fight and die in a war than die slowly of starvation.
They will tell you that the US economy is strong. Most of that is phony data. They have lied about unemployment and they don't talk about the 1.7 million excess deaths since the vaccines were mandated. If you added 1.7 million to the unemployment roles everyone would know we are in a terrible depression, but since they died they aren't "unemployed". The issue should be tax revenue, that would show you how well the economy is doing. Look at corporate tax revenue by year. 2007 was a high point, it cratered and wasn't until 2015 that it came close to 2007 levels but plunged again hitting another low in 2020. In 2022 we exceeded the revenue from 2007 but that does not take into account inflation. I will use Gold as a measure of intrinsic worth. My graph only goes back to 2009, but at that point gold was $923 an ounce, and today it is $2,543 an ounce. So a dollar today is worth 36% of what it was worth in 2007. In 2023 we had $420 billion in corporate tax revenue. In 2009 dollars that would be $152 billion. That would be about half of the tax revenue in 2008. So remember, inflation makes it look like everything is "up". But once you adjust for inflation you can see the reality.
They will tell you that they are fighting inflation, but that is absurd. Inflation is caused by the government printing money without any real asset or GDP behind the money. This year so far the government has created a new $1.5 trillion in debt and we are set to break records in spending and creating new debt. So they are not fighting inflation, on the contrary there will be winners and losers and they know it. If the government creates $1.5 trillion in debt whoever gets that handout can then buy assets which will rise with inflation while the dollar sinks. This is why they are so desperate to be on the winning side of the election and why these campaigns are now spending a billion dollars. The winners of the election get the government pork, everyone else loses. If the government stops handing out pork then you will know it because donors will stop giving these big checks and campaigns will stop costing a billion dollars.
The US dollar is solid they will tell you, and most of the world trusts in the dollar. This is true, the US dollar is like an iceberg. It is melting quickly and most of the world is stuck on top of this melting iceberg. But that is why they are creating BRICS, they are abandoning the iceberg.
They will tell you that this is just "Chicken Little" saying the sky is falling. OK, that also is true. Chicken Little was a propaganda movie made by Disney and released in 1943. The goal was to shut people up about the war. But the holocaust was real and the atomic bomb was real.
They will tell you that the US economy is strong. Most of that is phony data. They have lied about unemployment and they don't talk about the 1.7 million excess deaths since the vaccines were mandated. If you added 1.7 million to the unemployment roles everyone would know we are in a terrible depression, but since they died they aren't "unemployed". The issue should be tax revenue, that would show you how well the economy is doing. Look at corporate tax revenue by year. 2007 was a high point, it cratered and wasn't until 2015 that it came close to 2007 levels but plunged again hitting another low in 2020. In 2022 we exceeded the revenue from 2007 but that does not take into account inflation. I will use Gold as a measure of intrinsic worth. My graph only goes back to 2009, but at that point gold was $923 an ounce, and today it is $2,543 an ounce. So a dollar today is worth 36% of what it was worth in 2007. In 2023 we had $420 billion in corporate tax revenue. In 2009 dollars that would be $152 billion. That would be about half of the tax revenue in 2008. So remember, inflation makes it look like everything is "up". But once you adjust for inflation you can see the reality.
They will tell you that they are fighting inflation, but that is absurd. Inflation is caused by the government printing money without any real asset or GDP behind the money. This year so far the government has created a new $1.5 trillion in debt and we are set to break records in spending and creating new debt. So they are not fighting inflation, on the contrary there will be winners and losers and they know it. If the government creates $1.5 trillion in debt whoever gets that handout can then buy assets which will rise with inflation while the dollar sinks. This is why they are so desperate to be on the winning side of the election and why these campaigns are now spending a billion dollars. The winners of the election get the government pork, everyone else loses. If the government stops handing out pork then you will know it because donors will stop giving these big checks and campaigns will stop costing a billion dollars.
The US dollar is solid they will tell you, and most of the world trusts in the dollar. This is true, the US dollar is like an iceberg. It is melting quickly and most of the world is stuck on top of this melting iceberg. But that is why they are creating BRICS, they are abandoning the iceberg.
They will tell you that this is just "Chicken Little" saying the sky is falling. OK, that also is true. Chicken Little was a propaganda movie made by Disney and released in 1943. The goal was to shut people up about the war. But the holocaust was real and the atomic bomb was real.
