All self-styled revolutionaries are criminals in the making.
Everyone in Washington understands the basic causes of inflation. If you print more money than you have, real assets like gold to back it up, you devalue your currency and make everything cost more. If you declare war on fossil fuels, shut down pipelines, close vast oil fields like Anwar, and don’t approve drilling licenses generally, you cause the price of everything to go up, because virtually everything requires energy to produce. If you spend vast amounts of government money inducing individuals not to work, employers will raise wages to entice them to work, and that, too, will cause prices to go up. It’s not rocket science.
Despite understanding
these consequences, the Biden administration has instituted all these
inflationary measures, and avoided taking responsibility for them and the
suffering they cause. They did this to advance their progressive agenda, which
is really a reactionary socialist agenda that has not changed its fundamental premises
since 1848, when Marx published what is and has always been the progressive
agenda. The Biden reactionaries denied their responsibility for the costly and
dangerous inflation their policies have created in the way they normally cover
up their assaults on the public - with two obvious lies. [more...]
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