$5 foot long at subway costs $13 bucks Bidenomics

Democrats used to just live to tax people and spend other people's money and they haven't given up on that but now they live to devalue the currency.

That's what I know and that's the facts.

Now Biden wants a privately owned central bank to control how, where and what we spend our money.

While we're talking about money, I just have to say.....

Fiat!!!!

No, those aren't facts, and you know it.

As you already know, the US Dollar strengthened under Biden as it did under Obama.

W Bush had the USD weakened, ostensibly as stimulus for the economy that was altering faltering under him, but the fact was he had two ongoing wars that he started that had to be paid for. Lowering the value of the dollar lowered the debt on that.

Trump went further - than anybody ever - not only did he have interest rates lowered like Bush, he wanted to take interest rates into the NEGATIVE. Basically paying business to borrow!
Also under and BECAUSE of Trump, China and European Union countries (the latter collectively the largest foreign holders of US Securities) became net sellers of the USD. This was unprecedented.

As with Biden, economy under Democrat presidents boom.
With Republican presidents, it shrinks.

As you know inflation is caused by a devalued dollar. A devalued dollar is when there too many dollars chasing too few goods.

It simple supply and demand. If the money supply is greater than the demand for goods then it's value drops. Therefore it takes more dollars to buy everything.

All of your charts and stats are doo doo because they are defying the basic economic facts.

Supply and demand.

If there are more apples produced then the demand, the value of each apple goes down.

If there are more dollars than the demand then the value of the dollar goes down.

It doesn't matter what any of your charts, graphs or stats are telling, what I told is just as much of a fact that gravity keeps you from floating off into outer space.

This is not right vs left, this is right vs wrong.

Again, and as you can see in comparison to other major currencies, the USD has been strengthened. Raising of key interest rates, remember?

Raising interest rates does help because the Fed then pulls that extra money in and if it is real then they burn it, if it is digitized then it is ended.

However, in order to stop Bidinflation we will have to raise the interest rate up over 40% and if we do that we will collapse the economy. If we don't then we head into hyper-inflation.

Biden (and those who pull his puppet strings) are the absolute wrong people to handle the economy because they're morons. They have no clue how the economy works. They believe the nonsense that Marx taught them and Marx was absurd.

In fact Biden (and his puppet masters) are trying to push a central bank digital currency on us. That will destroy us. It is one of the idiotic Marxist ideas that full on Marxist countries are realizing it is a massive mistake. What works best is not centralization but decentralization. We need more banks not less and especially not 1 bank.

China realized this and they are decentralizing their banks. So while the full on Marxist nations are learning just how awful Marxism is, the United States and Europe are still running head first into it.

"My gosh, the stuff you come up with"

What? Facts, logic, reason and truth? I didn't come up with it, I am just letting you know what it is.

"China is DECENTRALIZING its one and only bank?" and " I'm almost tempted to read it through."

Well if you didn't read all of it then how did you get to the end of my comment, which, by the way, was much shorter than it could have been.

The word that I am hearing is that China is beginning to decentralize their banking. That's all I know.

So what do you think about the Central Bank Digital Currency crap that Biden wants to shove down our throats?

Biden wants to commandeer our banking because Communism,

The Communist Party of China wants to decentralize its strictly party controlled bank and its devalued currency because Communism.

Hey, can you show me where Marx predicted digital currency?

"Biden wants to commandeer our banking because Communism,"

You tell me. He's your president. I think he is taking order from the WEF. The central bank will be a private bank and not a government bank because that is the new fascist model. A private bank will be able to do what the government is prohibit.

"The Communist Party of China wants to decentralize its strictly party controlled bank and its devalued currency because Communism."

How does decentralization devalue currency? I guess maybe it does in your mind because you come up with some very weird stuff.

"Hey, can you show me where Marx predicted digital currency?"

Did I say he did? We've been digitizing currency for decades. Every loan a bank makes they digitize currency. In fact that is where the majority of our currency comes from. It is not paper, it is digital. Typically when there are too many loans it is the result of businesses and people not having capital. Inflation causes more inflation.

Digitizing currency is NOT the problem. The central bank is the problem

Inflation causes this. Yes, it is technically a part of "capitalism", but it's also just how the world works. When you raise minimum wage, pricing also raises. When the government manages money in stupid ways, they then punish the American people by taking them more, instead of having slightly less money than they would if they managed money intelligently - thus, they have no incentive to be smart about how they spend money - because you suffer for it and they don't. This can be done with capitalism, but it can be done in any form of government. In our case, it's a mass attempt to suicide the country's status as the global powerhouse.

If you think that the solution to inflation is to abolish capitalism and force pricing, well, that is just about how every communist economy fails. And this has been documented. This was why the USSR could not continue after 1991. Mikhail Gorbachev asked Margaret Thatcher once how she was able to run a booming economy, and she told him that she didnt - she just let prices be what they were and the economy took care of itself. There were two African countries that made a bet with each other about which one would get ahead - (I forget their names so I'll call them A and B) - A was better off economically at the time but the government tried to force prices, but B had just changed its government to run a free pricing system. B's economy skyrocketed quickly and it became one of the most successful places in the world, while A's economy imploded. And in the next generation, under new leadership, A learned from its mistakes and B reverted back to controlling prices, and the country's economies switched once again.

I know oil companies have reported back to back record profits too.

So idk... seems like we're being told "the companies are just trying to survive" raising their prices... meanwhile they're raking in profits... thriving. Not barely scraping by.

But idk maybe Subway's different. I don't care much for sandwiches anyway tbh

There may be several reasons for a uptick in profits besides pricing. Marketing opportunities are better than ever, with streaming shows and YouTube.

Beef and any meat have are also difficult to get around, which is why meat has likely gotten so expensive. It takes many steps to grow meat and ship it and preserve it in the process. Wendy's grows meat here, so they may have it easier and may be taking advantage of inflation, but that is certainly not the case for every restaurant. Then again, I don't know their prices bc I don't go to Wendy's often.

But another thing is that that increase is not as big as you may think. A CEO of a food chain will make bank, but there are also general managers and assistant managers for every individual chain. McDonald's, for example, has an estimated 42,000 stores worldwide as of 2023. An increase of $400M divided by 42,000 stores would mean an increase of around $9500 per year on average for each store (and that would be divided among however many managers the stores have, and we know the CEO and high ups makes more of that than the individual restaurant managers do). Throw in the fact that taxes have also skyrocketed under Biden (especially for the top of the class), and that increase is nowhere near what you'd think. Matter of fact, it may barely be an increase at all.
When you tax down businesses, they just start increasing pricing so they can pay everyone involved in their business without having to take pay cuts, and then the people suffer for it.
This is why overtaxing is a terrible idea. The idea that everyone's income can and should be as equal as possible is a complete joke and is also a communist idea, and when people have no incentive to work hard to get to the top, nobody will work seriously. This is why in early American history, they had to impose a rule that anyone who didn't work didn't eat - bc everyone didn't care about the required work bc they all felt entitled to the same reward, and this ended up not leaving enough food for everyone.
Many people have to start from the bottom up to get wealthy, and if they started or grew up wealthy, it usually means someone in their family worked hard to get there and left it for them (and there's nothing wrong with taking care of your family). Punishing people for being beneficiaries of that is completely unfair to how much work it takes to get to the top.

"The idea that everyone's income can and should be as equal as possible is a complete joke and is also a communist idea.."

I agree.
Who is proposing that idea?

"Throw in the fact that taxes have also skyrocketed under Biden (especially for the top of the class)"

On paper that may or may not be true... not sure. But my understanding is the "top of the class" quite often pays nothing with tax loopholes and creative accounting or even simply not paying.

I mean look at Hunter Biden. Everyone on the right seems to be outraged that he managed to get away with a year or so of not paying the taxes that he was supposed to.... meanwhile they're also outraged that Joe Biden is making sure the IRS has funding to catch more people like Hunter Biden who don't pay their taxes.
(He's clearly also had other problems but I'm going to try and stay on topic)

As far as "punishing beneficiaries"... you mean the death tax? My understanding is estates have to be over 10 million dollars before that tax even applies. So idk. I can't imagine crying about inheriting 9 million dollars and crying because it wasn't 12.

In any case I'm sure they can find creative ways around that as well.

Nowadays there's more opportunity than ever, but people would rather do nothing, complain about how much the rich have, vote for politicians that will tax down the rich (even though the people don't get that money - it usually just ends up making the government richer and even more powerful than before), and then demand the government give them money for existing. The government doesn't want the money of the rich because they care about the poor. They want it for themselves - cause, as Saul Alinsky once said, if you cause the poor to be jealous and hate the rich, you can justify trying to eliminate the high class, which will create more poverty and make the government more powerful at the same time. This is how to turn an empire into a third world country, where there is no opportunity for even the poor. And as a poor man who appreciates living in the land of opportunity, that is infuriating. People cone here from all over the world to get opportunities that don't exist back where they live. There are several Indian doctors in America for this very reason. They appreciate what we have more than we do.

The USSR ran a market with prices so forced that workers got underpaid and no business could succeed, so most people turned to black markets to get what they needed (a common occurrence in communist societies). And bc workers were severely underpaid (the USSR had forced wages too) and could never get raises for doing their jobs well, nobody was passionate about work, and so people lazed about and half-did everything, making the country's quality of service terrible. People who mowed lawns would skimp where they knew people didnt check. Economies like this can't work out.

The reason America's capitalism is failing is because people are actively trying to nuke our economy but they don't want to suffer for it, so they tax the people, and since businesses won't want to suffer, they raise pricing just like the government. If the government called businesses out on this, they'd be hypocrites. (And Biden did do this - he told people to lower gas prices even though their rise in prices were due to his errors and not theirs). Also, communists are trying to kill our economy because we're the only country keeping communists from having majority global power. It's not an accident China has passed the US in wealth (becoming the first to do so in over a century) right after a candidate they gave $1B to took office. And in China's case, they're a rare sight - they are a communist run society that has learned their lesson about price gouging, and they actually have a freer market than the US at the moment (i'll get to the reason behind that in the next paragraph). This has also contributed to how they have passed us in wealth.

Also, the government prioritizes rich unknown farmers over the American people, because they have extreme influence, and with our two party system, if one party pulls out and prioritizes the public, the farmers will withdraw their support and the other party'd dominate elections. To put it simply, neither Republicans nor Democrats are interested in not prioritizing them, or their party would never see the WH again. Because of this, some corrupt farmers actually have an influence on food pricing, which makes them wealthier and harms the economy and the American people. This is one reason why the two party system is most unhelpful in certain circumstances. And people can't see past the parties and get to the real root of the problem. Neither party is remotely innocent in this matter, but no one wants to admit that bc everyone idolizes their party.

"Biden did do this - he told people to lower gas prices even though their rise in prices were due to his errors and not theirs"

Source

His own Twitter, for one (though we all know he ain't in control of that account because his sentences are too coherent). And he also said himself that he was not going to allow gas and oil companies to take advantage of the times.

Did you actually think I had doubts about Biden trying to lower gas prices?

I mean I don't necessairly blame you... that's the easiest part of your quote to prove.

Not sure if people understand... that meme I made up there isn't me.
( I'm not crying about higher prices which have been set by the free market and profit driven companies.. )

How the frick is this low rated it’s just an opinion