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Author Topic:   Biden Wrecking The US Economy
jwhop
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From: Madeira Beach, FL USA
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posted June 17, 2021 11:29 PM     Click Here to See the Profile for jwhop     Edit/Delete Message   Reply w/Quote
The Biden Inflation...devaluing the dollar! Idiot.

Inflation Hits Highest Level Since 1979!
JOHN CARNEY
17 Jun 2021
http://www.breitbart.com/economy/2021/06/17/inflation-hits-highest-level-since-1979-in-philly-fed-survey/

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jwhop
Knowflake

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From: Madeira Beach, FL USA
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posted June 18, 2021 03:02 PM     Click Here to See the Profile for jwhop     Edit/Delete Message   Reply w/Quote
Food, clothing, fuel, electricity, cars, houses, rents, consumer loans and home loans:

All going up in price because of Joe Biden's inflation...devaluing the US Dollar....while at the same time destroying the purchasing power of earnings and savings.

Current Annual inflation for the 12 months ending in May 2021 is 4.99%

So, if your personal income isn't going up 5% per year, you're effectively making less money than the year before.

Life in the real world as opposed to life in Biden's fantasy land.

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PhoenixRising
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posted June 18, 2021 03:12 PM     Click Here to See the Profile for PhoenixRising     Edit/Delete Message   Reply w/Quote
Gods has punished Trump. Hope we recover soon from a pseudo inflation

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Randall
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posted June 18, 2021 04:03 PM     Click Here to See the Profile for Randall     Edit/Delete Message   Reply w/Quote
Prices have spiked for almost everything.

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Randall
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posted June 18, 2021 04:07 PM     Click Here to See the Profile for Randall     Edit/Delete Message   Reply w/Quote
To throw fuel on the fire, Dems now want a $6 trillion spending bill. The Dems must want hyperinflation, so they can force a great reset and repudiation of our national debt. Inflation is the most insidious tax on the poor.

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PhoenixRising
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posted June 18, 2021 04:08 PM     Click Here to See the Profile for PhoenixRising     Edit/Delete Message   Reply w/Quote
Trust the plan. Jehovah oops Jesus saw the future. It has to get worst then the hero arrives

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MoonMystic
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posted June 18, 2021 04:15 PM     Click Here to See the Profile for MoonMystic     Edit/Delete Message   Reply w/Quote
.

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teasel
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posted June 18, 2021 04:50 PM     Click Here to See the Profile for teasel     Edit/Delete Message   Reply w/Quote
quote:
Originally posted by MoonMystic:

Yeah - it's absurd. Their agenda is to reset to the stone Age blanketed in a Jetson's fantasy. If only the Blue ones would get some oxygen to their brain cells. Stepping out of their side, where it's always the *spin* zone, they could see the full picture. (Not belonging to a side is the best view, to not see through obscure vision. Left/right Donkey/Elephant red/blue) ~ We don't want to become N. Korea. Hopefully the Dems don't want that. This is not looking good.


You’re sounding like jwhop. Also, people with no “side” still fall for “spin” that lines up with their views.

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MoonMystic
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posted June 18, 2021 05:31 PM     Click Here to See the Profile for MoonMystic     Edit/Delete Message   Reply w/Quote
.

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jwhop
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From: Madeira Beach, FL USA
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posted June 30, 2021 11:25 AM     Click Here to See the Profile for jwhop     Edit/Delete Message   Reply w/Quote
Thanks Biden. Higher prices for everything Americans buy is just what Americans want.

U.S. Gas Prices Surge to Highest Level in 7 Years Ahead of July 4 Break
Simon Kent
30 Jun 2021

Gas prices across the United States are at their highest level since late 2014 with shortages predicted in the run up to the Fourth of July holiday weekend.

According to AAA, the national average on Tuesday is about $3.11 per gallon and by this weekend, that figure may rise another nickel.....
http://www.breitbart.com/economy/2021/06/30/u-s-gas-prices-surge-to-highest-level-in-7-years-ahead-of-july-4-break/

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jwhop
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From: Madeira Beach, FL USA
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posted June 30, 2021 11:29 AM     Click Here to See the Profile for jwhop     Edit/Delete Message   Reply w/Quote
Bidenomics! Thanks Biden, your idiotic inflation is raising the prices American pay for everything in their lives.


General Mills Warns of ‘Inflationary Environment,’ Plans to Hike Prices
John Carney
30 Jun 2021

General Mills said Wednesday that it expects inflation to raise its costs and announced plans to raise prices to preserve margins.

The packaged-food company said total cost inflation is expected to amount to about 7 percent of the company’s cost of goods sold expense line.

The company said it is addressing the “inflationary environment” through price increases for most of its portfolio and other cost-saving measures..........

http://www.breitbart.com/economy/2021/06/30/general-mills-inflation/

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PhoenixRising
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posted July 01, 2021 08:58 AM     Click Here to See the Profile for PhoenixRising     Edit/Delete Message   Reply w/Quote
US dollar was never the currency . Gold and Silver and other natural resources are.

US dollar is destined to go bust. It is simply, Laws of economics. Unless they force themselves out of the situation with negative actions.

The other thing they can do is build a china wall sort of that was built so that people don't leave their own country.

In west, No one will own anything in reality. You simply rent (or pay property tax on homes) and make the elites richer. They decide who they can extend loans to borrow.

Some Nations in Africa never have banks. It is a western thing. Those nations have their own problems and we do ours.


Wall street->Banks->MainStreet->Government. It is an interesting interplay of dynamism and one side , now and then , loses while others gains. Rarely , all go down the toilet the same time lol.


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iQ
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posted July 04, 2021 03:17 PM     Click Here to See the Profile for iQ     Edit/Delete Message   Reply w/Quote
Good points Phoenix.
I would urge all my friends in USA to shift 75% of their US Dollars into Empty Land [with potable ground water], Gold and Silver.

Terrible things are being planned by some very evil people worldwide, especially against the American Public. The Demons are vaccinating American Children with an mRNA Spike Protein that destroys some of the most important genes in the Human DNA [LKB1 and p53], this is very insidious, slow genocide.

To distract from these medical murders, they will create economic chaos, hyperinflation etc and then blame Left/Right Politics etc.

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jwhop
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From: Madeira Beach, FL USA
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posted July 17, 2021 12:01 AM     Click Here to See the Profile for jwhop     Edit/Delete Message   Reply w/Quote
#Bidenflation: Cost of Gas, Used Cars Up 45%, Car Rentals 88%
DR. SUSAN BERRY
16 Jul 2021

Nearly all Americans expect the inflation under Joe Biden’s presidency will worsen still, even as the cost of gas and used cars is already up by 45 percent, and bacon up by 8.4 percent, the Washington Examiner reported Thursday.

“The hashtag #Bidenflation has been trending recently,” wrote Washington Secrets columnist Paul Bedard, noting a new survey from Skynova, an online invoicing firm that found 88 percent of people in the United States believe the current inflation is “here to stay and will soar more.”

Here are the items really driving up inflation:

Car rental 87.7% (y/y change)
Used cars 45.2%
Gas 45.1%
Laundry machines 29.4%
Airfare 24.6%
Moving 17.3%
Hotels 16.9%
Furniture 8.6%
Bacon 8.4%
TVs 7.6%
Fruit 7.3%
Shoes 6.5%
Fresh fish 6.4%
New cars 5.3%
Milk 5.6%
Rent (OER) 2.3%

8:48 AM · Jul 13, 2021

“Projections shared with Secrets from the Statista Research Department show it increasing at about 2.5% through 2024 and ‘tapering off’ by 2026,” he observed. “It’s currently at about 5.4%.”

According to the Skynova survey of 1,040 respondents, 78 percent reported signs of inflation in their daily lives and 61 percent said inflation is an important political issue.

Results of the survey are consistent with Tuesday’s report from the Department of Labor that shows the cost for goods and services rose by significantly more than expected in June.
http://www.breitbart.com/economy/2021/07/16/bidenflation-cost-gas-used-cars-car-rental s/

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PhoenixRising
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posted July 17, 2021 01:04 PM     Click Here to See the Profile for PhoenixRising     Edit/Delete Message   Reply w/Quote
quote:

Good points Phoenix.
I would urge all my friends in USA to shift 75% of their US Dollars into Empty Land [with potable ground water], Gold and Silver.
Terrible things are being planned by some very evil people worldwide, especially against the American Public. The Demons are vaccinating American Children with an mRNA Spike Protein that destroys some of the most important genes in the Human DNA [LKB1 and p53], this is very insidious, slow genocide.

To distract from these medical murders, they will create economic chaos, hyperinflation etc and then blame Left/Right Politics etc.


Hope you read my posts of a website describing how they planned to reduce population of the G7 nations by significant percentage . Example USA reduced to 100 million.

Amazing this 20th century occultist Rudolf Steiner. I think he was part of Blavatsky's group for some time and then splintered. Amazing finding on how civilization rise and fall. It has to begin in the east and just like the Sun sets in west, it ends in the west. Amazing place this mount Shasta which is much more important than mount everest at the moment. Haha, another story.

We are in the 5th civilization (Aryan) after the Atlantean period. I wonder who are his sources. Blavatsky happened to have spent her time with gurus in Northern India and Tibet. Not sure sure where Rudolf's (an Austrian) source is.

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jwhop
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From: Madeira Beach, FL USA
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posted July 17, 2021 02:35 PM     Click Here to See the Profile for jwhop     Edit/Delete Message   Reply w/Quote
Biden backhands American workers.
High rate of inflation and falling wages.
Pure poison for the US economy.

JoeBamanomics – Federal BLS Report Shows Declining US Wages 1.2 Percent Lower Than Last Year, Biden Administration Leading Economic War on Women
July 16, 2021
Sundance

Well, well, well…. though financial media will say this is remarkably unexpected, it is something CTH specifically predicted we would see – and it is happening exactly on the timeline CTH anticipated.

The Bureau of Labor Statistics releases the second quarter national wage rate data today {BLS DATA HERE}. U.S. wages DECLINED 1.2% in the second quarter of 2021 compared to last year. When reviewing the data [Table 2], look at the negative impact to women, specifically Black and Asian women:

TOP LINE – Combine a 1.2% decline in earned wages with a 5.4% overall inflation rate recently reported {Go Deep}, and what you get is a 6.6% drop in real income amid the working class. That, my friends, is exactly what we said should be expected. That is also why the JoeBama administration needs to pump more money into the system (human infrastructure spending) in order to stop people from realizing just how bad it is.

You cannot have declining wages and massive inflation and expect the middle-class to survive. Additionally, when I said six weeks ago that we had just passed peak home value, this is another data point to bolster that prediction. We are in a plateau period on macro-level real home values, from this point they start dropping. You cannot have near double digit drops in real income and simultaneously expect people to afford high mortgages. It just doesn’t happen.

The declining wage rates, and the more substantive drop in real wage rates due to massive inflation, are specifically hitting the lower tier of the working class harder. Yet despite this, Biden is intent on importing even more economic migrants to put even more downward pressure on wages for the working class...........

http://theconservativetreehouse.com/blog/2021/07/16/joebamanomics-federal-bls-report-shows-declining-us-wages-1-2-percent-lower-than-last-year-biden-administration-leading-economic -war-on-women/

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Belage
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posted July 17, 2021 09:04 PM     Click Here to See the Profile for Belage     Edit/Delete Message   Reply w/Quote
I can't help but think that this is not by accident that Biden is wrecking the US economy. It is by design. Biden is just a puppet. There are forces behind the scene, namely the CCP and the globalists who are the puppet masters.

One of the overarching goal by those shadowy forces is that China is to become the world's number one military and economic power. They love the Chinese model of government where a small group of people decides everything for a docile mass.

The US as a symbol of individual freedom just happens to be in the way...Americans love their freedom too much for this model style of government to take effect. So their tactic is basically: divide the American people with CRT, crush the US economy, devalue the US dollar, while in the meantime, China's economy continues to grow, its national identity continues to strengthen, and the Yuan becomes the monetary standard.

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Randall
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posted July 17, 2021 11:23 PM     Click Here to See the Profile for Randall     Edit/Delete Message   Reply w/Quote
We were energy independent, and now we aren’t.

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PhoenixRising
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posted July 18, 2021 10:41 AM     Click Here to See the Profile for PhoenixRising     Edit/Delete Message   Reply w/Quote
Nancy tearing papers was disclosure that everything that the government revealed to you about state of the finance and markets was a lie. Those less vibration was led in to another thinking immediately and started thinking it comes from anti Trump sentiments. The US economy started going down the toilet since that moment and perhaps before that. I was trading for some time and was shocked to see how the government is now manipulating market datas to keep dollar afloat.


As the veil of illusion gets lifted, you will realize that who you considered friends are your enemies and your enemies were your friends.

As Ayn Rand mentioned, America was successful in separating church from the state, and wished they did the same with the economy.

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jwhop
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From: Madeira Beach, FL USA
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posted August 05, 2021 12:26 AM     Click Here to See the Profile for jwhop     Edit/Delete Message   Reply w/Quote
So by now, everyone has had a chance to see that gas prices are up almost 50%, food up more than 10%, used cars up almost 50%, housing prices keep climbing. In fact, the prices of almost everything is up on Joe 'Idiot's watch.

At the same time, wages are falling for most Americans.

That's inflation. Inflation was predictable when you have an economic moron in charge of the economy.

Following is a long article. A good read for those who want to know where the economy is going and WHY. Inflation is a direct attack on the middle class.

An Honest Explanation About Joe Biden Inflation, and It Has Nothing to do With COVID
August 4, 2021
Sundance

Repost from June by Request – Several people have written to CTH for an economic review of our current status. Below this post are two primary precursor articles [Primary One and Primary Two] which outline the economic dynamic in play, and how we can look forward with accuracy to what is likely to happen. Despite the deflective talking points by the professional financial pundits, this massive spike in inflation is entirely predictable due to Biden economic policy and Biden monetary policy................

http://theconservativetreehouse.com/blog/2021/08/04/an-honest-explanation-about-joe-biden-inflation-and-it-has-nothing-to-do-with-covid/#more-214959

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jwhop
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From: Madeira Beach, FL USA
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posted August 28, 2021 02:08 PM     Click Here to See the Profile for jwhop     Edit/Delete Message   Reply w/Quote
Bidenflation!

Bidenflation: Consumer Prices Rise at Fastest Pace in 30 Years
John Carney
27 Aug 2021

It’s been more than thirty years since consumer inflation ran as hot as it did in July.

Consumer prices were up 4.2 percent compared with July of 2021, according to the Personal Consumption Expenditures Price Index released Friday. That’s the highest since January of 1991. Core prices, which strip out volatile food and energy costs, were up 3.6 percent, also a thirty-year high.....

http://www.breitbart.com/economy/2021/08/27/bidenflation-consumer-prices-rise-at-fastest-pace-in-30-years/

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