Not a Republican or a democrat really

Seems like the 2 are the same really. I always believed in new ideas to help solve problems and make people's lives easier/better but they've always been laughed off by both parties so I keep it to myself. Never seen inflation like it is today. Progressively got worse throughout both Biden and Trump's era. The only decent times I remember were the 80s and part of the 90s. Pretty short duration there. Must be a flaw in the system itself rather than any 1 person. It's all selfishness based. The wealthy love inflation because it raises the value of their assets. The poor hate inflation because they can't afford to eat right. So which one do I care about more hmm let me think.. oh. The poor. I couldn't give a half pint of s*** about how this economy affects the wealthy because of the way they are towards the poor, always blaming the poor being lazy and stupid when everyone knows this system is nothing but dogs eating each other alive. It's just a big puke under the guise of opportunity. And we know what an opportunists motives are.

This page is a permanent link to the reply below and its nested replies. See all post replies »

swirlie · 31-35

It seems apparent, at least on the surface that inflation has been increasing since Biden's day, as if Biden or Trump for that matter had anything to do with the rise in inflation in America. Neither of those idiots have anything to do with that equation.

It wasn't really just an arbitrary increase in cost of living as you have suggested, that was imposed upon the poor at the hand of the rich in America, it was actually the continuous devaluation of the US Dollar since the time of Eisenhower that has been masked as 'inflation' allegedly caused by the rich, just to get richer. Whoever told you it is the fault of the rich was not a rich person, I can guarantee you that much. Lesson learned: never take financial advice from the poor.

The USA owes almost $38 Trillion in National Debt today and it takes 60% of every tax dollar taken in by the IRS just to pay the interest-owing on that debt each year.

That leaves just 40% of all taxation to run the country, which is also why the US infrastructure is crumbling from coast to coast and is in desperate need of repair or replacement... but there's no money, honey.

The US Dollar is declining in value at a steady pace as a result of it's failing credit rating on the global stage which is reflected as the apparent rise in inflation and which appears to be imposed onto poorer Americans by the richer Americans. The truth is, the rich have nothing to do with inflation, nor did Biden, nor does Trump.

If the USA had no National Debt at all, it would be the richest country in the world. The reason the USA is not the richest country in the world is because it is drowning in it's own self-imposed National Debt and failing credit rating.

Since the time of Eisenhower, Americans have been living beyond their means, which means the whole country has been living on borrowed money for 70 years while pretending to be living rich and debt-free.

whowasthatmaskedman · 70-79, M

@swirlie Everything you say here is true and accurate. And there is one more America specific factor, which while not crucial in the global sense, is a knee to the groin of all Americans, (except those few rich). The household debt of Americans has reached $18.8 Trillion. Owed on mortgages, home equity and personal finance, student and car loans and credit or store cards... Delinquency rates are rising, particularly on student loans and this is spreading due to rising interest rates..Of course, the problem is worst in low income areas. The average household debt is over $105,000..And things like interest rates, inflation and unemployment are going to get much worse.. Even more so it the President intervenes to attend to keep interest rates low.. The inflation that follows will steal the value from anyone who still has a job, or savings..😷