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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If you have followed the deep political weeds, you know the CoC
Within this new Build Back Better system, driven by the policies of western nations, it appears things are changing quickly. Democracy or capitalism in Germany is now quickly dispatched, as socialism -state control- becomes the priority.
Ultimately, a carbon trading system has always been the holy grail of the people who run the western financial system and want to create mechanisms to control wealth by using the ‘climate change’ agenda.
