Monday, 30 April 2018

Democrats: They did it before, and they can do it again...................from Rico

You are doubtless 'aware' of the FED's declared 2% inflation target rate.
- The FED is talking their book. Ignore them. It's BS.
From 1955 (when the CPI was 27) to 2018 (the CPI is now 250) there has been a 926% increase.
- This is the inflation you are told you do NOT have. Nope, no inflation to see here. Now move along...
But once America was 'lucky'....they had stagflation [read: income decreases while prices increase] thanks to Democrat Jimmy Carter.
- It takes an extraordinary combination of almost purposeful bad decisions and worse policy choices to create stagflation, but the Democrats did it.
Only Socialist-Communist economics can do an even worse 'number' on an economy [think: Zimbabwe, Venezuela, Cuba ad nauseum].
- But, if you don't believe you're lyin' eyes and really want to find out for yourself, then elect Democrats (C) at every opportunity. They did it before, and they can do it again!

1 comment:

D Ace said...

rule of 72 says 3.5% annual inflation to get from 27 to 250 in 63 years.