- Panic led to lockdowns. Lockdowns led to fiscal stimulus. Stimulus led to inflation. Inflation led to monetary tightening. Tightening leads to recession. The panic wasn’t free – and the bill is coming due.
- Apple is cutting production of the new iPhone 14 due to weaker than expected demand. This is more evidence of inflation and recession, as weaker economies and higher prices mean consumers can’t afford to buy the newest iPhones. This problem is likely not confined to iPhones. – Peter Schiff
- ‘The Worst Is Yet to Come’: Top Hedge Fund Manager Compares American Inflation to the Fall of Rome – See Conservative Fighters article
When Biden took office: Inflation: 1.4% Gas: $2.39 30 year Fixed Mortgage: 2.65% Median asking rent: $1,625 Nasdaq: 13,342 TODAY: Inflation: 8.3% Gas: $3.75 30 year Fixed Mortgage: 7.08% Median asking rent: $2,039 Nasdaq: 10,829
When your government starts using Lenin’s playbook against you…
87,000 new IRS agents and record inflation… pic.twitter.com/Bx5DpNapKe
— Wall Street Silver (@WallStreetSilv) September 27, 2022
Phat Brain / September 28, 2022
Have you seen your old university lately? I bet you wouldn’t recognize it. It’s grown by millions. Don’t the universities have career counselors? The student loans went to the schools with overblown tuitions (and keep getting higher), not the students. The kids who didn’t have jobs and smoking all the pot were financed by their parents. The students weren’t able to put down payment on multiple homes with their student loans. If the education was useless, blame it on the universities who offered the useless classes. Many of them got fired from their university acquired job because they didn’t get the experimental, rushed “vaccine” which didn’t stop infection nor transmission. How can you expect to stop a pandemic if you can’t stop infection?
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