Saturday, November 26, 2022

One of the biggest head fakes in the history of modern economics.

Inflation came along this year in a way that most of us have never seen, and it ate the value of the multiple phases of stimulus about as fast you people accepted their free money! In reality, all that “free money” turned out to be very expensive. The dollar of January 2020 is now worth only $0.87, which is to say that the stimulus spending covered by the Federal Reserve printing money stole $0.13 of every American dollar in the course of only 2.5 years. 

This was one of the biggest head fakes in the history of modern economics.

I read this article last night and love sharing things like this that cause me to think, that I feel are hard to dispute, but few of the media outlets discuss because it doesn't fit their fear-mongering and assumptive narratives.

https://imprimis.hillsdale.edu/the-economic-disaster-of-the-pandemic-response/




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