How about a short lesson in Economics 101? Have you noticed how the price of gas has skyrocketed? Benn to the grocery store lately? EVEERYTHING costs more, doesn’t it? Tried to buy some lumber lately? The cost of lumber (you know, 2x4s and stuff) is up 300% The reason everything costs more is: TAH DAH! Inflation. So what is inflation? At one time every dollar printed by the government had to have a dollar’s worth of Gold in the vault. And there was no inflation. That ended long ago. Now the government just prints money as if it is for your Monopoly game, and that is about what it’s worth.
If the government prints more money, the price of everything goes up? Why? Because more money is chasing after the same product. Let’s say you want to buy a car for $1,000 (boy, don t ‘you wish!) But there if there is only one car, and lots of people want it, so the price of the car goes up because money is worth less.. So does the cast of a loaf of bread. For years the government told us inflation was only 4% but they were lying as usual . It was really about 12% and now it’s about 15% and going up and that means that your dollar is not worth 100 pennies, It’s only worth 85 cents. That’s inflation. So it will take more of your 85 cent dollars to buy anything.
Inflation hurts the poorest Americans the worst. Bill Gates (eve if he is going thru a divorce) doesn’t care if gas coasts $5.00 a gallon. But to someone who is already working for minimum wage that extra cost makes their “take home” considerably less and they have to make some tragic choices. Do I they buy gas, or do they buy bread?
The Democrats answer to inflation is to give you a “stimulus” check. Of course they are just giving you your own tax money back because the government doesn’t produce anything (except crooked politicians). And because they re printing more money and the country is growing the same amount of wheat, that stimulus just makes inflation grow higher and bread cost more..
Okay. Can w agree that inflation is bad? How do we stop it so that a plank of plywood doesn’t cost $35? (BTW, that inflated cost of lumber adds about$35,000 to the cost of a new house.) The answer to inflation is so simp lathe Democrats can’t understand it. JUST STOP printing money that isn’t backed up by something substantial like gold or silver. If they flood the market with tons of money the cost of everything will continue to rise. I hate to tell you, but the present government doesn’t give a shit if gas costs poor people $5.00 a gallon. And pretty soon we will be like Germany in the 1930s when it took a wheelbarrow full of money to buy that loaf of bread. Runaway inflation is hared to stop, and the inflation train has green lights and a clear track ahead.. Until we change political parties running our government.