Spend More to Cure Inflation
You know Washington. They want to spend more on everything. If the sun goes down at sunset, they’ll spend a billion dollars to try to do something about it.
Do you know why they want to spend so much? It’s the source of their power. It’s how they buy votes. It’s how they raise money from lobbyists.
But this really takes the cake. Now they want to spend more to fix inflation. Seriously!
Never mind that deficit spending is the source of all this inflation. Funding this spending has the digital-money printers at the Fed printing money over time.
“Inflation is high right now, and it is affecting consumers in their pocketbook and also in their outlook for the economy. But those concerns underscore why it’s so important that we move forward on the Build Back Better legislation,” says Brian Deese, the head of the president’s National Economic Council.
President Biden, and all his flacks. Chuck Schumer in the Senate and Janet Yellen at the Treasury. They all say if we just spend more, we can fix this inflation thing.
It’s more than ridiculous. Look at what they’ve already spent!
Stephen Moore, who might have been on the Federal Reserve Board but for the massive attack launched on him by Washington’s big spenders, provided us this note and chart, putting the Biden Spending Blow Out In Perspective,
Add it all up: $1.9 trillion for the blue state bailout $1.2 trillion for the infrastructure/green new deal bill $3.5 trillion for the Govzilla social welfare bill $6.0 trillion annual budget request Nothing else even comes close!
Add it all up:
- $1.9 trillion for the blue state bailout
- $1.2 trillion for the infrastructure/green new deal bill
- $3.5 trillion for the Govzilla social welfare bill
- $6.0 trillion annual budget request
Nothing else even comes close!
We’re coming up on $30 trillion in US debt. Washington will raise the debt ceiling again in a couple of weeks. Inflation is roaring along near double-digits, impoverishing Americans along the way.
And gold and silver are both climbing higher and higher. Of course, they are. Because rather than fixing inflation, deficit spending makes the dollar worthless and gold and silver worth more!
Speak with a Republic Monetary Exchange gold and silver specialist today and be ready because, as sure as the sun rises in the morning, Washington will spend this country into virtual bankruptcy!