I've been working on a book, Bidenomics for Dummies. I thought it would be harder to explain Joe's monetary policies, but it turns out that all I needed to do was make 100 copies of that pic of the back of his head, and add a single caption to the last page: "Putin Putin Putin!"
Sales should be at least as brisk as for Jill's biography, and might outpace the McCain offspring's tome by a "wide" margin.
Thanks for covering this, because I can't deal, makes my head explode with the lies and fiction. I salute and admire folks like you who have great strength to not allow such baloney to drive them bonkers.
"We released a bunch of oil from our Strategic Petroleum Reserve! Don’t think about the fact that we’re going to have to replace that oil at higher prices than we’re selling it for"
What happened to opening up domestic drilling, is that not a thing we're doing anymore? Maybe that's a stupid question but it seems like an obvious solution. Also wasn't Biden someone who voted for the Keystone XL pipeline that helps transit petroleum from Canada? Wasn't that something that was done so that we can have lower prices by exchanging with our NAFTA partner?
Oh but they did open up the leases recently. At the same time they increased the royalty rate and added more regulation to byproduct capture. But the decline in US oil investment started ~ 2016-17 when Blackrock, etc deemed funding for oil was now a risky business because it postponed green energy and besides green was the future. Sadly the future remains just a few years away (likely 30) as it has for the last 20 years. Mind you, we are getting there as the economics dictate - not the mandates, nor the laws. Hence Exxon continues exploration overseas despite being forced to include green folk on their board.
Energy underlies the economy, under investment has restricted oil work and Biden's election put a damper on them and most of US business investment. Biden does not talk about reducing investment in improved productivity, he talk about how green they must be. Add to that another Obama style relief bill full of nonsense and pour more money on the fire left over from Trump's relief packages. But the Biden package was not needed as the economy was already recovering. Regardless of adding jobs, productivity has declined and many jobs are not being done.
Inflation requires a change in government policy which awaits the next administration.
I am reporting this to the new MoT, you bad person. You are obviously a disinformationist and probably support “Free Speech “ and other seditions crap.
I’d like to commend you on the accurate Cliff Notes version of his speech. If there was a quiz on this, I know I’d get an ‘A' if I just check “Republicans” after every question. And to think I used to believe there were complex answers for everything Joe talked about….wow, I was really misinformed! 🤪
Inflation is caused by increasing the amount of money and bank notes in circulation and deposited in cheque accounts. Those $trillions Biden has pumped into the economy.
Price inflation is a symptom of that because that money from air, comes from nothing. When it is exchanged for something, nothing is being exchanged for something. That leads to more money chasing less production as that money was not created as result of something being sold, wealth is being transferred from its generators to the people with the money who give nothing in return.
Trying to reduce ‘inflation’ by measures to reduce prices, is treating the symptom not the cause - like buying more Kleenex to cure a Cold. Reduction of the money supply is the solution.
This is well understood economics - but not Bidenomics, which is why prices will continue to go up and peak around November just as people are going to the polls.
Record profits for big companies? LMFAO. Yes: drug companies, "vaccine" companies, "testing" companies, hospitals, big media, bomb and missile manufacturers and a few others who have only prospered because government stole two generations of wealth by printing money out of thin air and giving it to them in the name of a fake emergency. I only have 6 months of college education and even I can see through this insane charade.
You could easily translate this into another language, publish it in a foreign language newspaper, and millions would sincerely believe this to be an actual transcript. BRAVO!
I have to laugh otherwise I'll continuously throw up. Had the convo with my mother the other day who has bought the talking point that inflation was with us under Trump and it is Putin's fault. But then she only watches MSM for her news.
The orgy of spending under Trump certainly contributed, no doubt. But as I mentioned in the article, it was all veto-proof. Once Biden took over he kept the spending but cut out regular Americans. After all, they don't need your vote for a couple years and by then they'll only need the ballot anyway.
Okay Congress, your turn to take a spin on the Wheel of Constitution… $100 …that’s great, now what would you like to do? “We’ll solve the puzzle… Power of the Purse.” Congratulations! You win the vacation trip to Uncontrollable Deficits beach where you will bask in the glory of your fiscal irresponsibility, with special accommodations in the luxury Overwhelming Debt hotel! Enjoy!
Oh for sure...and most of that orgy was a result of the government's insane reaction to covid. The spending by Biden, not to mention the inane energy policies, are what have resulted in the mess we are currently living in.
Love this! Wouldn’t waste a minute watching the guy. Have no problem reading the journalistic news here! Thanks.
I've been working on a book, Bidenomics for Dummies. I thought it would be harder to explain Joe's monetary policies, but it turns out that all I needed to do was make 100 copies of that pic of the back of his head, and add a single caption to the last page: "Putin Putin Putin!"
Sales should be at least as brisk as for Jill's biography, and might outpace the McCain offspring's tome by a "wide" margin.
Thanks for covering this, because I can't deal, makes my head explode with the lies and fiction. I salute and admire folks like you who have great strength to not allow such baloney to drive them bonkers.
This is just how they think....
https://www.bitchute.com/video/OJAEAzMjQpSR/
All of these are for depopulation.
In a nice way of course
"We released a bunch of oil from our Strategic Petroleum Reserve! Don’t think about the fact that we’re going to have to replace that oil at higher prices than we’re selling it for"
What happened to opening up domestic drilling, is that not a thing we're doing anymore? Maybe that's a stupid question but it seems like an obvious solution. Also wasn't Biden someone who voted for the Keystone XL pipeline that helps transit petroleum from Canada? Wasn't that something that was done so that we can have lower prices by exchanging with our NAFTA partner?
Oh but they did open up the leases recently. At the same time they increased the royalty rate and added more regulation to byproduct capture. But the decline in US oil investment started ~ 2016-17 when Blackrock, etc deemed funding for oil was now a risky business because it postponed green energy and besides green was the future. Sadly the future remains just a few years away (likely 30) as it has for the last 20 years. Mind you, we are getting there as the economics dictate - not the mandates, nor the laws. Hence Exxon continues exploration overseas despite being forced to include green folk on their board.
Energy underlies the economy, under investment has restricted oil work and Biden's election put a damper on them and most of US business investment. Biden does not talk about reducing investment in improved productivity, he talk about how green they must be. Add to that another Obama style relief bill full of nonsense and pour more money on the fire left over from Trump's relief packages. But the Biden package was not needed as the economy was already recovering. Regardless of adding jobs, productivity has declined and many jobs are not being done.
Inflation requires a change in government policy which awaits the next administration.
He's looking everywhere he can for oil except Texas.
I am reporting this to the new MoT, you bad person. You are obviously a disinformationist and probably support “Free Speech “ and other seditions crap.
I'm already on those lists, hopefully!
As seen on zero hedge - “Let’s get ready to mumble!”
Now I'm sad I didn't think of that :(
I struggled with extending the credit instead of keeping it for myself. It's sublime.
I’d like to commend you on the accurate Cliff Notes version of his speech. If there was a quiz on this, I know I’d get an ‘A' if I just check “Republicans” after every question. And to think I used to believe there were complex answers for everything Joe talked about….wow, I was really misinformed! 🤪
You'd have gotten the ones wrong where the answer was 'Putin.'
Dang! I'll have to go back & study more.
Then the answer is "Republicans and Putin"
Inflation is caused by increasing the amount of money and bank notes in circulation and deposited in cheque accounts. Those $trillions Biden has pumped into the economy.
Price inflation is a symptom of that because that money from air, comes from nothing. When it is exchanged for something, nothing is being exchanged for something. That leads to more money chasing less production as that money was not created as result of something being sold, wealth is being transferred from its generators to the people with the money who give nothing in return.
Trying to reduce ‘inflation’ by measures to reduce prices, is treating the symptom not the cause - like buying more Kleenex to cure a Cold. Reduction of the money supply is the solution.
This is well understood economics - but not Bidenomics, which is why prices will continue to go up and peak around November just as people are going to the polls.
Record profits for big companies? LMFAO. Yes: drug companies, "vaccine" companies, "testing" companies, hospitals, big media, bomb and missile manufacturers and a few others who have only prospered because government stole two generations of wealth by printing money out of thin air and giving it to them in the name of a fake emergency. I only have 6 months of college education and even I can see through this insane charade.
Totally coincidental that the CPI will be released tomorrow, of course.
https://www.bls.gov/schedule/news_release/cpi.htm
Also, Putin.
PUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUTIN!!!!
You could easily translate this into another language, publish it in a foreign language newspaper, and millions would sincerely believe this to be an actual transcript. BRAVO!
It wasn’t ?🙄😒🤦♀️
It's true. I want to laugh as well, but like any good black comedy, the horror of it all silences the humor....
They are using hyper inflation in concert with other things to try to take down America.
Biden is a NWO traitor
Can't Build Back Better if everything's Still Standing.
You mean the only one left will be Elton John?
He's looking like a true survivor and feeling like a little kid!
Oh, sau-cee! Carry on presidenting!
Shouldn't that be, "... if ANYTHING is still standing"
Unfortunately sad (funny) but mainly true. I will skip Grampy’s bumbling bromides today. Trains in California? LOL
Don't you know how everybody loves to ride the high-speed rail from LA to Vegas?!??!?
https://www.forbes.com/sites/alanohnsman/2022/01/24/high-speed-las-vegas-train-back-on-track-as-us-reviews-la-extension/?sh=2e9ac2462381
I wouldn’t know since I only travel via my flying car.
I have to laugh otherwise I'll continuously throw up. Had the convo with my mother the other day who has bought the talking point that inflation was with us under Trump and it is Putin's fault. But then she only watches MSM for her news.
The orgy of spending under Trump certainly contributed, no doubt. But as I mentioned in the article, it was all veto-proof. Once Biden took over he kept the spending but cut out regular Americans. After all, they don't need your vote for a couple years and by then they'll only need the ballot anyway.
Okay Congress, your turn to take a spin on the Wheel of Constitution… $100 …that’s great, now what would you like to do? “We’ll solve the puzzle… Power of the Purse.” Congratulations! You win the vacation trip to Uncontrollable Deficits beach where you will bask in the glory of your fiscal irresponsibility, with special accommodations in the luxury Overwhelming Debt hotel! Enjoy!
Oh for sure...and most of that orgy was a result of the government's insane reaction to covid. The spending by Biden, not to mention the inane energy policies, are what have resulted in the mess we are currently living in.