Many people believe the people who are in charge of the economic policies destroying the middle-class have no idea how the Main Street economy actually works. I disagree, I believe they know exactly what they are doing and why they are doing it.
From one perspective, inflation is a statistic that comes from a bureaucratic system quantifying prices. They have no concept of how policy-driven price increases hurt consumers or working-class families. Everything in their sphere is academic and esoteric.
However, that said, those who have designed policy know there are benefits to inflation, like lowering economic activity that supports their lowered energy production policies. Inflation also helps them pay their way out of the spending they create that drives the inflation. Make money worth less and debt is lessened, or so the theory is told.
Joe Biden made remarks today that “inflation” as he looks at it, is defined as the amount of money in a paycheck. WATCH:
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The grand experiments continue and we pay the price.
Yes, we need to remember how schizophrenic these people are at any moment in time (all thing to all people including themselves). They “think” they know what they’re doing. Remember this is the same crowd that is subsidizing all the waste they claim they have to save us from (and they’ll never let that go – that’s all their power and money, that’s really what’s most important to them). That’s a real catch22 they’re caught in. Do they know that ? How could they ? Who would put themselves in such an impossible dilemma ? A smart person ?
No matter what kind of façade they project they aren’t smart, you can’t have it both ways, only stupid people try to.
All it really boils down to is they want to try and control everything that happens in the society through subsidized monopolies; immediately, while the selfish bastards are still alive, which is going to be so inefficient that the entire system is going to be broken by Inflation combined with economic paralysis which will have billions of people starving over-night. Hoards of starving people who aren’t capable of living off the land or jump-starting the civilization ever again (although I imagine they will be capable of revenge and cannibalism before they die).
We’re staring this right in the face.
Are these the actions of a cartel of smart people ? Can a cartel even be smart ? Face it we’re dealing with a bunch of very disturbed people. You watch how I’m right about that. They won’t stop until we stop them.
The only policy for swift advancement is a level playing field that leaves the people who made the correct decisions in the positions that they have carved out for themselves. Positions of responsibility and not authority ! This is the only way to get us to the place these Commies claim to want to take us.
I’m optimistic though. I believe once we start going hungry the situation will straighten itself out rapidly, and we can finally start moving into the 21st century.
I believe they’re doing this by design they know exactly what they’re doing.
Don’t blame me I joted fir Trump. We live in Florida we are paying a price to not as much.but we have a shortage of baby formula. The Chuches are helping its why you don’t vote for Democrats
Most of the Biden voters I know in Florida are dead in fieclosure or in the looney bin. You know how libs are they rather go into fircloser then go outside it gives us with money the opportunity to by there homes I have notolerence for Democrats there rats but in Florida there done
But did he proposition any young girls in the audience during his speech? That is the only real barometer of his public appearances these days… Everything else is completely scripted and he is just reading off the teleprompter!
On June 14, I sent a letter to the Chief of Staff, of one Congress person, who also a friend mine of sorts, explaining how the dollar will rise, eventually wiping out any Country who borrowed or issued debt in dollars at low interest rates. Today, the USD hit 114. Going to test 123 area.
These people are clueless academics and moronic politicians. Including FJB!
While you are at it, will you please send a letter asking him or her to stop the warmongering before the neocons in the state department get us into a nuclear war. Hard to believe these rabid war promoters would risk the deaths of billions of people over the corrupt Ukraine.
Wait! Trump was supposed to get us into a nuclear war.
That’s every republican president or presidential candidate since Barry Goldwater. By way of contrast, since I’ve been old enough to pay attention, every democrat to occupy the White House from Jiminy Carter forward has successively been, “Possibly the smartest man ever to be President of the United States.” Observe and decide for yourself.
ed: I haven’t noticed the media blowing that horn much since Biden’s inauguration. Maybe they’re too busy telling us repeatedly, “That’s not what the president said.” It’s a full time job these days…oh. look…another clean-up in aisle 6. This must be a day ending in ‘Y’.
Your handle is hysterical.
Your posts are hysterical too. Keep ’em coming…………
Trump turned out to be a peacemaker.
In order to “build back better” you first have to destroy it so it can be built back better… whatever better is.
Better than it is but worse than it was.
It will be bitter.
Their better? Think Fred Flintstone.
Without the dinoburgers.
Think Kim Jong-un.
Better for them, not for serfs.
F-up America Faster is the plan
But things keep getting worse under Biden.
I remember the Bureau of Labor Statistics using all kinds of untruths and tricks to purposely underestimate inflation for years. It always has been intentional policy to gaslight what the real numbers are.
ShadowStats though, still reports on those things using the old CPI formulas dating from the 80’s.
As Neil Oliver so perfectly stated…most of our politicians are economically illiterate. Joe Biden has always been a hand skakng , baby kissing, anecdote spouting buffoon. He is the worst man at the worst time.
Groping, lying, plagerizing, etc.
He said WUT???????
Don’t worry they’re working on cleaning it up…..again.
Man needs a verbal diaper along with the usual kind. Hard to say which one needs to be changed more often.
I listened to it twice and couldn’t understand most of the words. I really don’t know what he said, but have no trouble believing that it was not connected to reality.
That is just Brandon’s intellectual inflation talking.
More likely his flatulation speaking …
Has this guy ever worked a day in his life?
Since Jan 20, 2021…
FJB has taken 242 vacation days!
https://redstate.com/bonchie/2022/09/24/joe-biden-fiddles-while-rome-burns-n632388
He claims he drove a semi.
Mr. Amtrak, a Senator for most of his adult life, probably hasn’t driven a car, let alone anything with a manual transmission since the 1960s.
When bambam was president I never heard a peep about his vp, joey boy.
The only time I did read an article about Biden was when he pulled his collectible convertible onto the White House lawn close to a fence, and with no shirt on waxed his car as if he was showing off to the “girls.’
Gross.
Maybe it was a horrid nightmare, but I’m pretty sure it was something the sick perv did.
He was behind the wheel of the Corvette that was owned by Doc Jill’s ex – hubby when they had a minor accident. Bill Stevenson did not know about the joyriding until the owner of the other vehicle involved in the fender – bender contacted Stevenson about paying for her damages. This happend in the early 70s.
Was that before or after his ghost teaching gig?
Yeah, he’s a legend in his own mind. 😂
Brandon may have slept in a semi one night. Drove one? Come on, man.
Nope. Not a one.
His last paid gig was lifeguard.
He has worked very hard his entire life. Lying, cheating & stealing. He has not contributed one single thing of value, in his entire life.
He is the poster child for the left. Disgraceful.
He was a hairy legged life guard who took on Corn Pop, a bad dude.
Corn Pop is either 1) a figment of Brandon’s imagination and doesn’t exist or 2) kicked Brandon’s ass, not the other way around. My money is on # 1.
As if this demented buffoon knows what a paycheck is, or knows anyone living from paycheck to paycheck.
His landscaper?? Just thinking about how many people he may have knowledge of.
Remember that he was Scranton.
Thieves remorse.
Do you think they have remorse for what they did in 2020?
He probably doesn’t remember what happened this morning let alone 2020.
But.. but.. Didn’t his mother work in the coal mines in fl. Or was that corn pop. Sorry, I’m off my meds…
Biden said his father worked in the steel mills in Scranton.
Robinette Sr. was a used car dealer. The Scranton/Wilkes – Barre area is more synonymous with anthracite coal than steel.
A used car dealer? How poetically ironic.
Energy is the master resource of the universe.
It regulates all life and thus all economics.
All else is various paper ponzi scams. Some scams occur on a street corner in a minute, some over many decades, but the universe never delivers something for nothing.
It’s not personal it’s just physics and math.
Quite right.
While the universe is awash in immense quantities of matter and energy not all of it is immediately useful without being being moved somewhere else and or transformed into other forms.
The laws of thermodynamics, physics chemistry etc. are practical limits to that efficiency. Whereas economics explains more about where and when it makes sense to do some of those things that are not technically efficient.
One last thought. Cheap energy is a gamechanger. It makes a lot of intractable problems solvable with ingenuity.
So the good news is the Earth has enough nuclear energy equal to oil 30x its size.
The bad news is that stooges of Satan would use this very same energy to destroy God’s creation.
They can try. They might destroy/transform a very miniscule piece of it in universal terms.
Nature’s creator will step in before they could possibly get far enough to cause the extinction of humanity or of all life on Earth.
I had something less profound to say but this is more profound;
Used to be when the voter’s pocketbooks were attacked it was electoral suicide.
What does that tell you about the average voter?
What does that tell you about electronic voting?
Actual votes no longer matter.
Grenell shared a clip of Fetterman talking nonsense with this comment: “You must be really confident in the vote counting process to allow this to continue.”
https://nitter.net/RichardGrenell/status/1574499519781171201#m
We are too far out/away from WW2 and other historical events, and are experiencing a generational decline as well as a geo-political change within the US of A..
And regional. School indoctrination, changing demographics, changing business climates…all contribute to the values of the voter as well as their intelligence.
I know of a family who owned a huge plantation, a working plantation that had been in the family since 1860’s…north of “The Golden Isles” in GA….they have been fighting off real estate developers for decades….and the younger ones don’t want it or the work involved.
The internet has added news accessibility, where it is manipulated towards the voter…the voter has a whole lot of things on their minds, aside from their wallet…
Our money does not talk as loud as it used to.
Pre Dominion. Their actions reveal the impunity they know they have, because of fraud. A fraud so big that to question it is to invite the cancel machine into your life. Think about it. A legitimate government would say, Hey, we have a significant portion of society that questions election integrity. Let’s prove to them, or elections are valid. Cancelling decenters is a certain sign the the decent is valid.
He’s an idiot. So what does that say about the “81 million(?)” citizens who voted for an idiot?
Just asking.
There may have been 81 million votes cast for numb nuts, but there is no way 81 million people voted for him.
“Make money worth less and debt is lessened, or so the theory is told.”
Not a theory. Just look at the required yield of bonds when the coupon rate is low. The price goes down as demand decreases because the yield is insufficient.
That POS needs to be impeached. Why isn’t every GOP politician calling for it? And it makes no difference if they have enough power, at the moment. They need to be very very aggressive if they want my vote every again.
He needs to be impeached, convicted, and removed. Impeaching him leaves him right where he is.
They know the current political House of Representatives, right now won’t support it.
Pelosi has created a cult within Congress where in her party, they are lockstep in unison for “party” issues. Time for her to go and not as an ambassodor to Italy. She needs to retire to her vineyards.
Great. Then she moves to Florida. On the bright side, I hope she appreciates Trump themed flotillas.
Pelosi was boo’d at a music festival in New York.
Cool.
Can’t impeach someone who is not legitimately in office.
True. But sometimes you have to play in the mud with your enemy.
Lure him with a hologram of Shirley Temple.
“Oh, a curly – haired lollipop!”
Was Biden sitting at the little table again because he’s not allowed in the Oval Office?
He’s such garbage.
Don’t be surprised if Biden announces a wage-price freeze for a 90 day cooling off period — one which will last a year or more with truly disastrous consequences. This isn’t a certainty by any means, but a possibility as an October Surprise.
I know this is being done purposely.
But stil….what a mutton head
Biden is performing his assigned task as an anger sponge for public discontent. He’s good at it and is the perfect man for the job. And unless he has another brain hemorrhage and is carried out of the Oval Office feet first, he will be president until January 20th, 2025.
“anger sponge” – perfectly put!
Nah, “two weeks to flatten the curve”….and we all know how that would work.
What are the consequences of price control?
Price controls cause shortages, waste people’s time in line, sometimes lead to favoritism by suppliers, and, as in the case of oil and gasoline in the 1970s, can lead to harmful regulation that lasts for decades.Jan 20, 2022 (googledeegoo)
One opinion follows………
https://www.hoover.org/research/price-controls-still-bad-idea
Great read! Plain English.
I would add the price controls that insurance companies have put on prescriptions, but it absolutely only benefits the pharmaceutical companies; a generic drug that you pay $5 for, but the ins. Company pays your pharmacy $100 for. The insurance companies say they won’t pay more than $100 for it, that’s the max they’ll pay (but every single insurance company has the same price). All for a generic drug that is worth maybe $10. I’m for getting money back on your research and development, but, on most drugs on the market, that R&D was recouped 10+ years ago. The insurance companies did it to themselves
I really hate it when a parasite like Joe Biden uses terms like, “Paycheck.”
He’s tries to sound like he relates to all those schmoes out there working for a paycheck.
He has nothing whatsoever to do with paychecks or working people.
I am worried not enough people are blaming the fake president for what he is doing to destroy our economy.
The stories the MSM write never ever tie the terrible conditions of out economy to the fake president and the democrats. Just got to keep on praying.
He can’t help it. He did a maze today.
Joe says ‘I did that‘
Looks like Joe is doing the Barack and giving us the finger.
Even before senility hit him, keep in mind that The Manchurian Marionette was – like most politicians, especially DEMS – a criminal leeching wealth from the producers of America.
He has been incredibly successful, along with the other criminals in his family, much like MAObama, McConnell, et al.
Also, this is no experiment, and it is not a result of stupidity or incompetence.
This is the continuing saga of a Coup d’etat, the result of a STOLEN ELECTION effected by DEM Globalists and blessed by the complicity of RINOS.
Stupidity, senility, incompetence are not involved: The Soros Communist Globalists have succeeded at our expense.
If they were senile and incompetent, could The Manchurian Marionette ever have been put into the White House?
“It makes no difference to a widow with her savings in a 5 percent passbook account whether she pays 100 percent income tax on her interest income during a period of zero inflation or pays no income tax during years of 5 percent inflation.
Either way, she is ‘taxed’ in a manner that leaves her no real income whatsoever. Any money she spends comes right out of capital.
She would find outrageous a 100 percent income tax but doesn’t seem to notice that 5 percent inflation is the economic equivalent.”
Warren Buffett
I wish I could find 5 percent for my meager savings. Think I’ll just go all out and blow it on a Big mac…
Your mention of McD’s prompted me to post this, even though I haven’t eaten there in decades. It struck me as how a McD’s burger should be. Not special for a promotion, just a Mega Mac when it was introduced in Hong Kong and eaten by a local resident there, now who posts D.C. videos, Penguin Six.. IMO it’s the local labor that matters, something Biden and the fascists seem to be oblivious of. Enjoy.
I work in an office with a Generation Xer, a Millennial and a Generaltion Zer. Each person is a huge “Starbucks” coffee drinker. Couldn’t wait for the “Pumpkin Spice” to come back. In the last week each of them bought either a Keurig or a small coffee maker for their desk because they said “it’s just too expensive to buy coffee at Starbucks anymore”. The “kids” are waking up to reality.
My Zer also has started making her own iced coffee, going so far as melting her sugar down for her sweetener…proud mamma 🥰
You should blow their minds and bust out a Barista Warrior percolator at your desk and tell them only classless poseurs enjoy the taste of burnt plastic. I guess after drinking Charbucks for a while anything would taste better.
I see that too. Unfortunately, most still don’t correlate higher prices to this administration. It will have to get much worse, like NO coffee, for them to wake up.
White Papers from globalist meetings back in the 70’s were ALREADY claiming the Western Middle Class cosumer habits were unsustainable.
Forty years ago this f#¢^ers already wanted to destroy the Middle Class.
Just think, the wealthy globalist, who has all he or she could ever want, want what little we have.
weird huh they have all that anyone could possibly want ,but , all they want is more .Greed is insatiable I guess
Which is why I’ve come to the conclusion, power trumps wealth. At some point, they realize wealth doesn’t give them what they REALLY want. Or, what they think will satisfy them.
Mitch McConnell has been a key enabler of Biden’s reckless spending and destructive policies. Both are incredibly corrupt lifelong politicians who could care less about average Americans..
The illegitimate president, knows nothing about the economy, but he does remember he was 30 and she was 12. The criminal fraud belongs in prison solitary, not disgracing the white house.
Negative on solitary.
Pedophiles belong in the general prison population.
They’ll take care of him……….
He is learning about economics from AOC. Neither one could pass an open book, multiple choice
Econ 101 exam, even with the correct answer highlighted with a yellow magic marker.
All JoeBama knows how to is lie and get his piece of the action. His handlers and puppet masters are laughing about how they stole the election and advanced the agenda and got away with it. Thank the republicans and media and academia .
Today I got a printed postcard from the Democrats. “XXXXXXXXX, a longtime supporter and advocate for abortion rights, is the clear choice for US Senator…..”
They have nothing to campaign about except abortion. They are so out of touch with what is of concern to most Americans.
Dems think abortion will be their winning ticket in November. They don’t realize how angry Americans are about the rising prices in the grocery stores, crime, the crashing stock market and our southern border. Dems are in for a big surprise.
I see one of the administration’s mouthpieces, Chuck Todd, has said that if only we brought in more migrants, that would take care of inflation.
That’s Chuck Todd, PhD in economics…in case anyone was wondering. Watch out, Krugman. He’s coming for your job.
Krugman is not much better.
When Jimmy Carter, Joe Biden’s spiritual opposite – a Godly man who did ungodly things – was POTUS, Saturday Night Live turned on the hapless submariner and did a great skit “Inflation is Your Friend,” in which he extolled the virtues of smoking a “thousand dollar ceegar” or driving “a million dollar aut-o-mobile.”
Watch the bit here, and realize how terrifying reality following comedy really can be:
https://fb.watch/fO2ygaJ37K/
That’s why the CCP installed him as our president. He’s mentally challenged.
Demshoviks are traitors to the American People, their oath of office, the Country, and the Constitution. They all deserve the appropriate sentence for their actions. No country votes for authoritarian policies with a strong middle class. They have been easing us into the vise for years with, Obama no care, the first big nail. They are all in now, exposed for what they are, will stop at nothing to keep the power they have usurped, ripped the mask off for all to see, lying to the point of mocking we the people, and are about to do something that will force the country to mass unrest. They will / are, going to burn it down to rule the ashes. Evil can only be cast out by force of good men, and will of God. Believers know how this ends, and are secure and at peace with it. Evil, and those who it acts through, believe in nothing and will fall for the lies.
Stay Strong. Tighten your bond with the Lord, Family, Friends, community, and networks.
Peace to all good men and women, death to all evil, traitor petty tyrants, and their supporters.
Please be safe Treepers, and be prepared. With the Hurricane coming we are all receiving a reminder of things the need to be done for when we are on our own. Now is a good time to go over your plan, and fill in any gaps as best you can.
Things might be as bad as we think. Every evening I see commercial’s with financial advisors and brokers telling me that they have it all figured out and I should give them my retirement money and everything will be OK. Would they lie to me?
Sadly he’s not wrong, I knew many fellow employees that complained that there were too many days in a month for the money they were paid.
I saw a little bit of the MSM with lester dolt tonight (gag). They can talk about inflation being a problem, but they skirt around the reasons for it (green cult economy), and blame the ruskies or the other usual suspects for the problem. Same with the candy colored fentanyl for kids coming in large quantities across the southern border. They cant quite see the reason for it other than the Mexican drug cartels are somehow getting it into the US. Team puppet MUST be kept clean of any wrong doing!
How anyone can watch this drivel without laughing out loud or shaking their heads must be a person with a body temp of room temperature.
Stupid SOB! And those who perpetrated the stolen election should face life sentences or firing squads.
I don’t blame Biden, I place the blame where it belongs. With EVERY President and Congress from Woodrow Wilson onward.
Looking forward to hearing what the President of the United States has to say about it.
Yep, PDJT should have some biting commentary at the next rally in Warren, MI on October 1. Looking forward to it.
Biden has always been stupid, and he has also always been a liar. Hard to tell which comes out of his mouth when he opens it.
Beyond incompetence & confusion. Those who “installed” Joe, have a very focused & deep seated Hatred for the United States of America & are determined to destroy her. Pure unadulterated EVIL!
Control & financial gain are part of the equation but hatred & depravity are overriding
He is sort of right. The money is worth less, so it is about the same thing, sort of.
“Many people believe the people who are in charge of the economic policies destroying the middle-class have no idea how the Main Street economy actually works. I disagree, I believe they know exactly what they are doing and why they are doing it.”
The entire puppet regime and its apparatchiks use an incompetence facade to advantage.
Plus aberrant and downright bizarre behavior in many cases.
The combination provides cover for all sorts of schemes and misdeeds.
Starting with the figurehead at the top, presenting as a blathering fool exhibiting bizarre deviant behavior.
Look at his behavior as the US abandoned its citizens, allies, and $80B in military materiel in Afghanistan. He was AWOL for the first 2 days of this crisis, then briefly appeared to read a few things from a teleprompter, then – literally – turned his back on reporters asking questions and shuffled off stage. Followed by more AWOL.
Or, his recurring creeping on minor girls – on the world stage no less.
Recently, signalling “the pandemic is over” etc. in sharp conflict to continuing “public health emergency” policy.
The list goes on. Nothing in politics is an accident, it is all contrived for effect, including false appearances.
That doesn’t mean there isn’t widespread genuine incompetence in the regime – there is. The Machiavellians use this as cover for their false incompetence facade.
The mother of all ploys exploiting these tricks: The plandemic and shots bio-tyranny.
Watch now as the authorities are backing away from their created catastrophe, “we made mistakes, there is new data we didn’t have”, etc.
This is BS, pharma and regulatory agency scientists knew even before the shots were authorized and PUSHED, and they have continued willfully ignoring and distorting the data.
The big question: Why?
Same money, less purchasing power. Or in other words thing cost more. It is hard for an ignorant, demented idiot to understand that.
This jagoff was NEVER smart. NEVER. Born dumb. Stayed dumb.
These people don’t work for their money!
So, further evidence that the king wears no clothes.
The pResident displays his “dumber than a bag of hammers” self each time he opens his mouth. Must be nice to be totally disconnected from his policies.