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Believe CNN! Inflation is a GOOD thing!

Believe CNN! Inflation is a GOOD thing! | GOOD NEWS, THANKS TO DEMOCRATS WE'RE ALL MILLIONAIRES NOW! CAN I GET $100,000? I WANNA BUY A FANTA. $49,999.995; $659,009.56 | image tagged in gas prices under biden administration,inflation,yeah,vote democrat | made w/ Imgflip meme maker
1,357 views 54 upvotes Made by SurlyKong69 2 years ago in politics
Gas Prices Under Biden Administration memeCaption this Meme
12 Comments
3 ups, 2y,
1 reply
We are not millionaires. just because inflation is up, doesn't mean that wages go up too. So intern, more people are going broke because of inflation. Not getting richer.
1 up, 2y,
1 reply
That's correct.
The average "wage increase" this year was around 3% or less than a third of the rate of inflation. And that's for people who actually get raises. Most people don't.
The joke here is: the way the economy's going, the US dollar will be worthless in a few years. See: Venezuela, after their authoritarian communist takeover. The average Venezuelan went from comfortably poor with a house, a job and a car to starving in a year cause the government kept printing money til it because worthless.
3 ups, 2y,
1 reply
And that doesn't get into the other stunts like a sudden increase in what's taken out of a paycheck like taxes, benefits, or union dues.
0 ups, 2y
That's right.
You have less money now than you did 2 years ago. And it's getting worse not better.
[deleted]
2 ups, 2y,
1 reply
Sounds like CNN is promoting Modern Monetary Theory. The World Economic Forum, the International Monetary Fund, the Unites States Federal Reserve, the Democrat Party and far too many Republicans are promoting this disastrous monetary policy. It is the idea that the government should just print whatever amount of money they need to spend without worrying about it.

The economists who are promoting it are worried about inflation (ya think!!!!) but they think that Congress can stop inflation. Despite the ridiculousness of this theory, pretty much the whole world is jumping on this bandwagon along with idiot Biden.
1 up, 2y
Everyone who understands basic economics has been warning that you can't print money to fight inflation. You can't spend your way outta debt.
Not that that matters to big Government if the GOAL is to destroy the current system so they can "build back better..."
1 up, 2y,
1 reply
Great Depression 2.0 here we go.
1 up, 2y,
1 reply
You can't build back better, if you don't burn down worser first...
1 up, 2y,
1 reply
Assuming we have another two years to build back from with that potato in office.
1 up, 2y
The usual suspects stay in office til the US economy is destroyed.
Are we supposed to believe the reaction to covid: locking down the well to "protect" the sick, and "inadvertently" destroying the 1st world economy while lining China's pockets would be followed immediately by "accidentally" lining Russian, Chinese & Ukrainian pockets with Biden's love-letter-to-Putin "sanctions" are both coincidental?
The USA won't tolerate globalist rule, like we're starting to see in the EU, until we have nothing left. Enter: pro globalist, pro UN politicians and unelected bureaucrats...
1 up, 2y,
1 reply
To take the next gayass step, they have to make all currency "even" so they can be rolled into a bucket o'currency.
0 ups, 2y
Watch out for digital currency. A cashless society only helps governments that "need" to control what you buy and sell.
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GOOD NEWS, THANKS TO DEMOCRATS WE'RE ALL MILLIONAIRES NOW! CAN I GET $100,000? I WANNA BUY A FANTA. $49,999.995; $659,009.56