Thanks to rampant inflation, socialism—and the poverty it inevitably brings—could soon become irreversibly entrenched in the US, just like in numerous Third World countries.
Rapidly rising food, housing, medical, and tuition prices are squeezing Americans—many do not understand the actual cause of their falling living standards.
The explosion in the cost of living is a predictable consequence of the Federal Reserve’s ongoing currency debasement.
Since the Covid mass hysteria, the Federal Reserve has printed more money than it has for the entire existence of the US.
From the founding of the US, it took over 227 years to print its first $6 trillion. But during Covid, the US government printed over $6 trillion in a matter of months.
It’s important to put such large numbers into context.
A trillion is a massive, almost unfathomable number.
The human brain has trouble understanding something so huge. So let me try to put it into perspective.
If you earned $1 a second 24/7/365—about $31 million per year—it would take you over 31,688 YEARS to make $1 trillion.
So that’s how enormous a trillion is.
When politicians carelessly spend and print money measured in the trillions, you are in dangerous territory.
In short, the Fed’s actions during the Covid scam amounted to the biggest monetary explosion that has ever occurred in the US.
Initially, the Fed and its apologists in the media assured the American people its actions wouldn’t cause severe price increases. But unfortunately, it didn’t take long to prove that absurd assertion false.
As soon as rising prices became apparent, the mainstream media and Fed claimed that the inflation was only “transitory” and that there was nothing to be worried about. When the inflation was obviously not “transitory,” they told us “inflation was actually a good thing.”
Of course, they were dead wrong and knew it—they were gaslighting.
