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Joe Biden's plan will lead to more inflation

reason10

Governor
https://www.foxbusiness.com/media/kudlow-biden-plan-inflation

Kudlow: Biden's plan will lead to much more inflation
LARRY KUDLOW: If Uncle Joe Biden gets his green worker paradise, Soviet-style Bulgarian economic policies, massive tax increases, massive social spending, destroying the fossil fuel energy sector, then the dollar will collapse and leaping tax rates will choke off economic growth. Call it the 1970s with a socialist spin. In that case, we will have permanently higher inflation. And we will have weaker and weaker economy.

Now if, on the other hand, Mr. Biden is green worker paradise does not get voted in, then I'm going to say this inflation bump is just going to be temporary, alright. A couple more months that's all. Really a rebound from the pandemic deflation, and actually, it's a sign of strong economic growth. There will be no long-term inflation consequences. That's if we don't get the Bulgarian model.

Kudlow is the expert.

For the less than educated neckbeards here, INFLATION is defined as too many dollars chasing too few goods.

Let's see. How did Joe Biden do that?

Well, TRILLIONS of dollars having to be printed to give to people to pay them not to work. That's a shock to the money supply. Because these people don't want to work, fewer goods are being produced.

Today, gasoline prices are spiraling up, thanks to Joe Biden's attack on the domestic fossil fuel industry. Remember the pipeline he shut down? Oh, and he doesn't really have a problem with pipelines, just American ones.

https://www.msn.com/en-us/money/other/biden-clears-way-for-russian-pipeline-after-blocking-keystone-pipeline-in-us/ar-BB1gSZFA
Biden clears way for Russian pipeline after blocking Keystone Pipeline in US
So now gasoline is creeping up. The price for goods transported by gasoline vehicles, (and this includes ALL transportation, since there are no windmill trucks carrying produce, meat or canned goods) is soaring.


Thanks NECKBEARDS. Thanks for being so stupid and voting for this disaster to our economy.
 

Bernard_Fokke

Captain Fokke
Supporting Member
https://www.foxbusiness.com/media/kudlow-biden-plan-inflation

Kudlow: Biden's plan will lead to much more inflation
LARRY KUDLOW: If Uncle Joe Biden gets his green worker paradise, Soviet-style Bulgarian economic policies, massive tax increases, massive social spending, destroying the fossil fuel energy sector, then the dollar will collapse and leaping tax rates will choke off economic growth. Call it the 1970s with a socialist spin. In that case, we will have permanently higher inflation. And we will have weaker and weaker economy.

Now if, on the other hand, Mr. Biden is green worker paradise does not get voted in, then I'm going to say this inflation bump is just going to be temporary, alright. A couple more months that's all. Really a rebound from the pandemic deflation, and actually, it's a sign of strong economic growth. There will be no long-term inflation consequences. That's if we don't get the Bulgarian model.

Kudlow is the expert.

For the less than educated neckbeards here, INFLATION is defined as too many dollars chasing too few goods.

Let's see. How did Joe Biden do that?

Well, TRILLIONS of dollars having to be printed to give to people to pay them not to work. That's a shock to the money supply. Because these people don't want to work, fewer goods are being produced.

Today, gasoline prices are spiraling up, thanks to Joe Biden's attack on the domestic fossil fuel industry. Remember the pipeline he shut down? Oh, and he doesn't really have a problem with pipelines, just American ones.

https://www.msn.com/en-us/money/other/biden-clears-way-for-russian-pipeline-after-blocking-keystone-pipeline-in-us/ar-BB1gSZFA
Biden clears way for Russian pipeline after blocking Keystone Pipeline in US
So now gasoline is creeping up. The price for goods transported by gasoline vehicles, (and this includes ALL transportation, since there are no windmill trucks carrying produce, meat or canned goods) is soaring.


Thanks NECKBEARDS. Thanks for being so stupid and voting for this disaster to our economy.
Biden is a friggin idiot
 
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