Joe Biden and The Economic Policies He Supports Has a Depreciating U.S dollar Problem, which may trigger a race to the bottom currency war – January 29, 2021,
So there once was a time in which America, the American voter rejected socialism outright. Now, just for transparency sake, I want to make it clear that I believe there was MASSIVE voter fraud in the 2021 election, I also believe that the Chinese Communist Party had something to do with it, which would explain their more aggressive actions against Taiwan as I believe that the Chinese Communist Party knows that have a limited amount of time in which to strike Taiwan before the world wakes up to what’s going on.
Nw to be clear, the Chinese Communist Party annexed Hong Kong while Donald Trump was in office, Trumps America first policies, and the Democrat establishment attacking Trump with everything they had, from my perspective almost seemed orchestrated while the annexation of Hong Kong occurred, then COVID-19 hit the world, The World Health Organization had a lot to do with the world-embracing Chinese Communist Party-style lockdowns in Western Nations when the evidence suggests that COVID-19 appears to be targeting specific age and health demographics.
But none the less, who in the hell cares what I think, let’s get down to the current facts. The fact is that from an economic perspective for people like me Joe Biden appears to be a complete idiot. I have to be honest, I’d much rather believe Joe Biden is an idiot and not intentionally destroying the U.S economy for his own personal gain.
I’m naive at times, I admit it, and that’s why I’m forced to lean on the side that Joe Biden is an ignoramus, because there’s no CONCLUSIVE evidence that climate change is man made. If people know anything about scientists, they’d know it’s centralized and most scientists will only speak the truth in private in fear of ostracism from their peers or even losing their entire livelihoods.
I will not bash the science community, because my own and my family’s ECONOMIC well being is very important to me, so if any of the scientists who know that the evidence isn’t conclusive aren’t stepping up, to tell the public their truth, I understand why and I’m not mad at them.
What I am confused about is Joe Biden, who is putting the American GRID at risk. Do you hate Donald Trump? I completely understand if you do, but you should definitely read the story below because at the very least Donald Trump was taking the U.S electrical grid very seriously.
Trump signs order to protect the U.S. electricity system: Energy Department | reuters.com
On the flip side to this was what Joe Biden did, which is basically giving the Chinese Communist Party a strategic advantage over the United States.
Biden suspends Trump’s bulk-power system executive order for 90 days | transmissionhub.com
Now, this move by Joe Biden is all sorts of stupid, and for the most part, this story has barely made the headlines, why? Because I suspect foul play, we all know Joe Biden hasn’t read all the executive orders he signed and we all know that there was a lot of dark money funneled to the Joe Biden campaign.
Now, had I believed that the Democrat Party beat Donald Trump fairly during the 2020 election, chances are Joe Biden wouldn’t be taking such an aggressive approach to reversing almost every policy Donald Trump has done, but because the 2020 election on the Democrats side appears to be fueled by hatred for Donald Trump, my nativity allows me to believe that Joe Biden is merely the mule for the powers behind the scenes.
In the modern world like or not, the U.S dollar represents quasi-Gold Standard, global currencies go in the direction of the U.S dollar. There are more U.S dollars outside of the United States than there are inside the United States.
I have friends in Venezuela, the U.S dollar is preferred by the people of Venezuela because they consider it more of a storer of value and exchange than any other global currency. There’s nothing the Chinese Communist Party can ever do about this, but there is something the Federal Reserve can do about it.
One of the major mistakes made by former President Donald Trump was pushing Jerome Powell to lower interest rates. I thought this was the DUMBEST thing Donald Trump did and this ultimately financed election fraud, because had interest rates continued rising which is what Jerome Powell was going to do initially, all of this cheap money wouldn’t have been available to entities who had the ability to buy back their own stocks manipulate markets and essentially finance their preferred politician for FREE!
Donald Trump instead of being a Stateman tried to play GOD and this in my opinion allowed the election by hook or by crook to swing in Joe Biden’s direction. Unfortunately in my opinion neither Joe Biden nor Kamala Harris are ready for this stage and with every word that comes out of Joe Biden’s mouth I can see treasury secretaries of countries dependent on an overvalued U.S dollar trying to figure out how they can debase their currencies without destroying their own economy.
This race to the bottom currency war is inflationary, but only in areas in which the Government intervenes in the market. It’s important to remember that what’s actually happening to the global economy is DEFLATION, not inflation.
The inflation only occurs where the government wastes money or redistributes money, that’s the only inflation that’s being generated and Joe Biden is the inflation king, the sad part about Joe Biden and his executive orders is that his stupidity is being put on full display for the world to see.
There is a difference between Progressives and Socialists Progressives genuinely believe in capitalism, where they differ from people like me is that they believe that there are instances in which they think the government should step in, socialists, on the other hand, have little comprehension of what a market economy is or why we need one.
In most instances socialists don’t even know they’re socialists, they just think they’re overtly compassionate, but they’re socialists because they have no economic foundation in which make a coherent argument the market can understand.
As an example during the Bill Clinton era, Bill Clinton was clearly a corporatist as was Vice President Al Gore. Al Gore jumped on board the Global Warming scam, early on because he saw how much money he could make from it. Al Gore a politician is now worth $300 Million dollars, I want you to really think about that for a moment.
Now, Joe Biden similar to Al Gore with Bill Clinton hitched his wagon on Barack Obama, the difference being that Al Gore lost to George Bush(due to the butterfly ballot) which some consider fraud, but Joe Biden beat Donald Trump possibly due to voter fraud.
Usually, Democracy gets it right, but when you do your research on voter fraud in the United States, whenever the wrong candidate wins, interesting events happen soon after. The wrong candidate is usually the wrong candidate for a reason, I’m a firm believer in natural law and when something unnatural happens, nature will correct it.
The U.S dollar continues to slide, but it wouldn’t surprise me if it’s supported, by other countries debasing their currencies. The problem is that debasing your currency to prop up the dollar comes at a cost, not only will there be mal-investment but there’s going to be a cash-flow crisis, which if Biden continues these boneheaded moves will hit the United States first.
Being that the U.S dollar is the gold standard of currencies, the world is going to continue to boot stomp the U.S dollar to appreciate, meaning while the world sells the U.S consumer goods, they’ll be able to take more profits in their local currencies, meanwhile, the U.S consumer DOMESTICALLY is going to be paying down Joe Bidens’ newly created debt with higher energy prices(Paris accord) and other Obama era regulations that will push up costs in everything the Federal Government is involved in.
But you see because government inflation is nothing more than a Wealth effect, the real U.S economy will be deflating, so this inflation-deflation balance is what’s going to make the U.S economy really sluggish and miserable for the WORKING poor and middle classes who will be paying more and receiving less.
I always like to remind people while these socialist schemes last so long. The reason these socialists schemes last so long is that there are a lot of people WHO WILL NOT BE WORKING or being productive to the U.S economy at all. These Tax-cheats will benefit from the Biden administration.
If you’re not working and you’re receiving government benefits you don’t even have to pretend to care about inflation, because you’re not paying for it, at worst your standard of living will decline, but why should you care if you didn’t contribute anything to your government inflated standard of living?
These tax-cheats are allowed to vote and they will vote to keep this scheme alive and well, the only entity that can bring this economic nightmare to an end is the Federal Reserve, and it’s unlikely that will happen.
US employment costs rise modestly in fourth quarter | abcnews
Interesting times ahead!