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Business/Finance
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Title: Biden Intends To Use Inflation To Undo His Expensive Policy Goals
Source: [None]
URL Source: https://thedailybeat.org/2021/07/26 ... do-his-expensive-policy-goals/
Published: Jul 28, 2021
Author: staff
Post Date: 2021-07-28 07:12:08 by BTP Holdings
Keywords: None
Views: 366
Comments: 1

Biden Intends To Use Inflation To Undo His Expensive Policy Goals

Americans should be ready for inflation. Biden intends to use inflation over two decades to pay for the massive infrastructure bill that he and the Democrat Party are trying to push.

The massive infrastructure plan will spike the inflation rate in the next two decades The $600 billion infrastructure plan, together with the $3.6 trillion ten-year “reconciliation” plan that Senator Bernie Sanders is trying to set forth, would increase Americans’ total spending by 7% in the next decade.

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Poster Comment:

When Jimmy Carter was POTUS, the inflation rate was around 18%.

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#1. To: BTP Holdings (#0)

When Jimmy Carter was POTUS, the inflation rate was around 18%.

Yeah, and I had TIGRs (treasury investment growth receipts) paying 16% at the time. JPMorgue is still paying me 0.01% on my money market account, a cool $0.25/mo per $100k.

Bidet's inflation, to date, is sure a helluva lot worse than the peanut farmer did. I should shut up, I'm being told that what I'm talking about is (not to be disclosed).

Esso  posted on  2021-07-28   7:23:35 ET  Reply   Trace   Private Reply  

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