THE GREAT AMERICAN PRICE TRAP: Riding the Inflation Beast From DC to the Last Mortgage Denied at DawnBy a Man Who’s Seen the Ledger and Lived to Tell the Tale.The Last WireThe American Dream didn’t die — it was marked up to death. You can see the corpse outlined in chalk on every Zillow page and mortgage calculator, and if you look hard enough you can still hear Biden’s stimulus-heavy fog machine hissing in the distance. We were told the money-printing spree was an act of national compassion, a patriotic splurge, a necessary storm of federal benevolence. But once that tsunami of liquidity hit shore, the price tags mutated like lab animals exposed to cosmic rays — groceries, gas, rent, homes, all jolted skyward.
And while the experts in D.C. sip lattes and whisper about “cooling inflation” and “soft landings,” the real story is plastered right in front of us: prices don’t fall in America — not without a collapse so violent it rattles teeth. Deflation isn’t coming. It’s a fantasy. A bedtime story manufactured for voters who crave a cure. The Federal Reserve openly warns that deflation is a disaster scenario — and they’ll do anything to avoid it, even if it means Americans live inside a long, expensive hangover.
Federal Reserve: Why Deflation Is Dangerous.
The inflation spike during the Biden years reset the country’s economic floorboards. That’s the part the pundits avoid admitting: the new price level is permanent. Locked in. Cemented. The cost of living jumped — and it isn’t jumping back down.
BLS Inflation Data.
So what does that leave us with?
Continue reading at The Last Wire
