If Joe Biden, as well as the Federal Reserve, cared about the Poor and Middle Class, they’d want deflation not inflation in consumer prices – March 12, 2021,

You can’t improve the lives of poor and middle-class people by inflating asset and energy prices thereby making life more expensive for the poor and middle class, you enrich the poor and middle class by driving the cost of living down.

The flaw of Marxism is this idea that one group via the Government should be granted special economic privileges because they volunteered their time to be a wage slave. Instead of becoming industrious Marxist believe in Late-Stage Capitalism which is nothing more than using the force of the Government to steal property from the industrious.

This Late-Stage Capitalism model derived from the Marxists is what they’re waiting for, it’s what their entire ideology revolves around and it’s the root cause of poverty in world, because, you have t ask when is the perfect time for a Big Government to take over a country and turn free individuals into serfs and slaves of the State?

The State will claim it’s doing this for the greater good of society, but Late-Stage Capitalism has always been about Karl Marx who wrote a book that in essence had no end, because the entire purpose of a free market is for humans to INNOVATE their way out of poverty.

Marxists believe in stealing and redistributing money, capitalists believe in assets, capitalists understand that money can be anything or served from anything, although I hoard Gold if the government didn’t make tobacco illegal and there was a tobacco-backed currency, I’d probably hoard tobacco notes/dollars.

Marxists want any and everything centralized so that they can decide who gets what when and how, but if I’m working for a government that tells me what I should do and how I should do it, similar to a slave, I might opt to simply be rebellious, if I’m free I don’t have to listen to any so-called authority figure that claims to be for the people. That’s a choice, in Russia and Communist China, their governments have to go to absolute extremes, to remind their citizens that they’re nothing more than the property of the State and it’s for this reason, that both countries struggle with substantive innovation.

In order to avoid extreme poverty, the Chinese Communist Party created free market zones and if you know anything about free market ones, you’d know that this is how prices are driven down. Not only do the modern progressives, Socialists, and Communists believe in driving up wages, they also want to drive up prices for consumers and this of course hurts the WORKING poor who have their time and money squandered for people who don’t contribute anything of value to society.

Because welfare lovers can vote, they can also vote to steal other people’s stuff and that’s what is happening to America via the Federal Reserve and Joe Biden, they’re going to war with the productivity of American society!

Interesting times ahead!