80% of all dollars in circulation have been printed in the last two years-- causing record inflation
If you just arrived on this planet you may not have heard that the United States is struggling with the highest level of inflation in 41 years.
If you're under age 60 or so, you really don't know what that means. You know even less about WHY it's happening--and the Democrat Party and their friends in the Mainstream Media are perfectly happy to make sure you don't find out.
While there are many contributing factors that cause inflation, far and away the largest factor is when a government prints lots and lots of paper money. Governments do this if they have to fight big wars, or if they want to hand out "free" money to voters after some catastrophe--including catastrophic policies and decisions by that same government.
To keep prices reasonably stable a government shouldn't increase the money supply more than the yearly percentage increase in the value of goods and services. Increase the money supply by more than that, and the result is inflation.
But in the last year, for some reason the gubmint has printed a LOT more currency than the increase in the value of goods and services.
So how much more currency did "your" gubmint print? Well, between 1 Feb of 2020 and Feb of 2022, the total value of goods and services only increased by about two percent or so. So how much do ya think the gubmint increased the amount of currency in circulation during the same period? A rational target would have been two percent or so. So how much do you think the gubmint expanded the amount of currency by?
Five percent? Ten percent?
Brace yourselves: The amount of currency in circulation today is five-HUNDRED percent more than in February of 2020.
"WAIT!" I hear my smart-but-ignorant liberal friends saying "Dis not true! Dis fake newz! Our Dear Leader would NEVAH do dat! You lie!"
Ah, the screams of denial from the passengers on an airliner about to get an unpleasant reunion with Mother Earth. That's one of the stages of coping with impending death. But what, me worry? Take a look at the graph below:
Democrats certainly WISH this graph was fake, eh? Except the graph and the info is from the damn Board of Governors of the U.S. Federal Reserve System.
Still think it's a fake, Democrats?
To review: 80 percent of the paper money in circulation today was printed in the last two years. And THIS is the main cause of the inflation you're seeing.
Of course the Democrat party--like the biden regime--blames record inflation NOT on Democrat policies but on greedy industries. This is a cunning lie to voters, to deflect blame from Dem policies.. While a percent of the record inflation might be due to industries having to out-bid international competitors for scarce raw materials, the biggest driver by far is five times more currency chasing an essentially fixed amount of goods.
But Dems and the Left know that with the help of the Mainstream Media, roughly half of all voters will believe that the record inflation is due to "businesses making too much profit.”
At the start of 2020 there was $4.0192 trillion in circulation. By January 2021, when the faux president was "inaugurated" after a year of Democrat-imposed lockdowns--that number had jumped to $6.7 trillion. But if you think that's worrisome, consider this:
By November of 2021--just ten months after the bidenfail regime was installed--the amount of currency in circulation had climbed to $20.354 trillion dollars. So since January 2020, the United States has printed nearly 80% of all US dollars in existence.
This is according to the Board of Governors of the Federal Reserve System and not some conspiracy theory.
Now, time to show young Americans what inflation does: It destroys the value of savings.
Take a look at a thing called "history." After the first world war the economy of Germany had a hard time getting re-started, so the leaders of Germany reasoned like this: "We're the leaders, so we must be smart, right? And government owns the printing presses, right? So why don't we just print as much paper money as we want? What could go wrong with that?
Well, take a look:
Now, one of the things you should have noticed is that the vertical axis uses a "log" scale, so each tick-mark is TEN times more the one below it. So from mid 1922 to the end of 1923--a mere 18 months--the value of the German mark--thus of any savings-- dropped by a factor of ten BILLION.
Unless you're really fluent with numbers, such vast factors are hard to grasp, so here's an example: If a hard-working, prudent German family had managed to save a breathtaking 100,000 deutschmarks by mid 1922, then a mere18 months later that entire fortune was worth just 1/100,000 of ONE mark.
Starting to get it yet?
Liberals: "Dis nevah happen! Dis fake newz! Disinformation! You lie!"
The Mainstream Media doesn't want you to know any of this. But it's a fact. History.
0 Comments:
Post a Comment
Subscribe to Post Comments [Atom]
<< Home