Hyper inflation destroying American families.

[justoffal]

Admittedly such increases from the very VERY low rates that existed are not yet as disastrous as the Carter era though they are shutting people out of several important markets. But the way it's going and the ridiculous inflationary spending by the Biden administration, plus he's trying to double down on that, could put us back into those terrible rates along with double digit inflation that also existed under Carter.

Quick economics lesson:
You gain 50 pounds this year and decide to do something about it. So next year you gain only 30 pounds. You are now 80 pounds heavier than 2023.

No good so you cut back more and only gain 15 pounds the next year. But you are now 95 pounds heavier than 2023.

So you cut back more and only gain 5 pounds the next year which isn't any big deal right? But you are now 100 pounds heavier than 2023.

That is what is happening with Bidenflation.

We need Trump back with his no unnecessary regulation, pro business, pro American policies that encourage productivity and effectiveness. His policies brought prices down naturally and allowed Americans to naturally increase wealth.

One of the most dishonest things Biden has said yet is that he inherited roaring inflation from Trump and is bringing it down. Inflation was at a historic low of 1.4% when Biden took office.

I know...it's like saying....." Your only gushing about half as much from your femoral artery as you were 5 minutes ago...things are getting better! "

 

[Harpy Eagle]

USA Hyper-Inflation – 157% in Past 3 Years

it is so bad you had to start two threads on it