Inflation Devastation for the Democrats
Kurt Schlichter
Posted: Dec 16, 2021 12:01 AM
Most of you whippersnappers were not even Planned Parenthood targets back when inflation was last a thing. It was the late-seventies, which you people associate with funky clothing and disco music. Most of us who lived through that miserable decade associate it with economic malaise, notably including massive inflation and 18% interest rates.
Yeah, think about 18% interest, all you folks with an adjustable rate loan. You’re spoiled by cheap money and low inflation. You are about to learn a lesson in economics. See, when Uncle Sucker prints lots of money and there are fewer things to buy, you get inflation. Prices rise. And your standard of living falls.
Despite the economic insights of Joe Biden and his cast of mutants, there’s no changing it. And no, inflation is not evidence that all is well. That’s like a leper saying “Well, now that my big toe fell off, there’s less stuff to be infected. I’m cured!”
You are already seeing the results of the flood of fiat money wished into being by a liberal Congress. We have not gone full Weimar yet, but if they pass this BBB thing, life will be a cabaret.
more
https://townhall.com/columnists/kurtschlichter/2021/12/16/inflation-devastation-for-the-democrats-n2600599
