Our politicians are lying to us every day:
Our politicians are lying to us every day.
Always has been, always will be.
Joe Biden is blaming Russia invading Ukraine on inflation in his own country.
He and the rest of his party know how bullshit that is.
Of course, they’re not blaming it on money printing.
That doesn’t sell at the polls.
That doesn’t get votes.
He can’t take responsibility for his central bank printing trillions of dollars..
Regardless of if Biden was in power or not, this debt and inflation problem would happen to any president.
It’s the end of a long-term debt cycle.
Interest rates are at 0.
There’s no way to go.
That’s not Biden’s fault, but his government has to deal with it.
Tough shit.
So what are you going to do?
Crash the market and get inflation under control or let the American dollar get printed into infinity and hyperinflate the world reserve currency?
The choice is yours Jerome Powell.
Years of poor choices have made this decision
It’s not his fault yet it is.
He could’ve hiked long before.
But of course, he couldn’t because him, congress and all his banker friends are front-running all his policy decisions.
America has allowed Federal Reserve officials and Congressman to make trades in advance of major policy decisions. They committed insider trading clear as day.
Look at the most recent example where multiple Congressmen bought War and Oil stocks prior to the Russia Ukraine invasion.
They’re not dumb.
When America, the country that the world looks to as the beacon of Democracy, has members of the government front-run their own population’s ability to make money on the market they tout as the best in the world, you have a problem.
It’s a banana republic - ‘a politically unstable country with an economy dependent on the exportation of a limited-resource product’
The finance industry.
If/when that collapses, America is screwed.
The finance industry is too much a part of the economy.
It was very different in the 20th century.
America built the world.
Now they're a service economy.
The difference is now the world has the same access to information and the ability to create and build.
Short America, long the world.
The next generations will be very different than the previous.
Americans will have to come to terms with the poor decisions their ancestors made.
Young Americans will have to deal with tough problems.
Young people out of work and not affording the ability to live because gas and food prices are rising.
A stagflationary crisis right now would be disastrous.
The world is going to change rapidly over the next decade.
The smart guys like Jim Rogers, Ray Dalio and Nouriel Roubini know how history works.
No one wants to talk about the bad times.
Yet this is how history has gone.
It’s pattern recognition.
Similar patterns have happened multiple times over multiple centuries.
What’s the chance it’s going to be similar to the past?
High.
Will it happen exactly the same way?
No.
The future is uncertain.
But history is a valuable teacher.
The farther back you look, the farther forward you’ll be able to see - Winston Churchill.
America is not on a good path.
The more the politicians and media lie to the population now, the more people will rebel when the inevitable crisis comes.
So don’t believe everything you hear from politicians.
They’re lying to us every day.
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