Joe Biden PRICE CONTROLS and Consumer Price Inflation, Inflation Will SLOW DOWN under Trump, but likely won’t retreat back to 2016 levels – December 7, 2023
The Mainstream media is already pushing a narrative that was pushed during the 2020 election cycle, and quite frankly, this was the moment when I realized that a lot of financial “experts” had no idea how important fiscal policy was to the economy.
A lot of people who align with my way of thinking put a lot of emphasis on the central bank and the printing of money. In contrast, I point directly to fiscal policies as the main culprit of DOMESTIC consumer price inflation.
First and foremost, Fiat money is 100% based on confidence, unlike Gold which has value WITHOUT a government; fiat money revolves around human organization and CONFIDENCE that this or that fiat financial medium of exchange will be used to measure financial or economic success on the planet.
Currently, the U.S. dollar is the most in-demand currency GLOBALLY, but DOMESTIC REGULATIONS on economic behavior is the equivalent of putting RESTRICTIONS on property rights. So, for example, when Joe Biden pursues an Environmental social and corporate governance(ESG) agenda, domestically, he’s making it illegal to do any business in the U.S. in ways he deems unfit.
So these Joe Biden ESG laws fuel INEFFICIENCY, which fuels higher prices and fuels labor unions, for example, to DEMAND higher wages. When some people think ESG, they’re only thinking about Oil and gas and fossil fuel-related industries, but it’s more complicated than that; when energy prices go up, GOVERNMENT and private sector workers start demanding pay increases.
There have been several labor disputes since Joe Biden took office. most people don’t talk about the labor unions that led to the GREAT DEPRESSION; this gets lost in history during the great depression.
During the great depression in the United States, the Gold Standard was still being enforced, and therefore, when price controls/wage controls which is what the labor unions fought hard for were finally realized, it equated to both layoffs and price DEFLATION, which under a gold standard also equates to price deflation in the stock market.
The government can’t print money or redistribute money to entities in the markets, under a gold standard, so PRICE controls led to falling prices which also equated to job losses, as workers didn’t want to see their WAGES decline.
PRICE controls are the root cause of consumer price INFLATION with fiat money; why? The entire purpose of fiat money is to help the GOVERNMENT pay bills it otherwise couldn’t.
But you see once the government notices it can pay bills with FAKE money, it then begins to go on SOCIAL spending sprees, which also include adding more regulations to ECONOMIC ACTIVITIES.
Now, as the government makes the overall economy more inefficient, it’s able to subsidize the madness with fiat money; now, this doesn’t work for every country because the engine that makes this fiat money train go are the FOREIGN EXCHANGE markets each country has its own FIAT currency and currently, the U.S. dollar is the most in-demand fiat currency.
So, in modern times, government regulations have forced a lot of DOMESTIC industries overseas, which allows the government to keep BAD domestic regulations on the U.S. economy while simultaneously with the strength of the U.S dollar having the ability to IMPORT goods and services from other nations at rock bottom prices.
Now, by doing this, you’re seeing why corrupt politicians like Joe Biden are becoming president because America’s dependence on foreign countries makes her reliant on other nations to sustain herself.
Now, there are several ways to look at this: one way is the Biden “appeasement” approach, and the other is Donald Trump’s “Law” approach. Under a fiat monetary system, it’s LEDGER money, meaning that legal tender and, therefore, all the money is, is it’s a contract.
Once you understand that money is contract, that’s when price controls and FISCAL policy start to make sense. Now, where Donald trump will run into inflationary problems are the DOMESTIC contracts, like minimum wage laws and other PRICE CONTROL contracts, the government made with the voters.
However, Trump’s economy would like to slow down inflation because he’s likely to cut the regulations that are causing consumer prices to continue to rise at a faster rate.
Joe Biden, on the flip side, has an APPEASEMENT approach to the economy, and what this means is that he will let his DONORS decide how much they want to get paid. For example we’ve seen the reemergence of OPEC under the Biden administration, which is the result of Biden’s ESG policies, so OPEC+ Russia has been able to finance the Ukrainian war, Biden also has an appeasement approach with Iran, and Iran wants Israel to be eliminated, so now Israel is at war with Palestine and Iran backed rebels, as Biden sought to REPAY the Land “of the Aryans,”
Domestically Joe Biden is also beholden to lobbyist ESG groups, and as I like to point out the main component to ESG is NOT the Environment it’s actually the “social” impact, so a lot of the government-private partnerships linked to Joe Biden’s ESG agenda, fight for “Trans Rights” which is a HUGE regulatory assignment by itself, but ESG also includes all sorts of cradle-to-grave WELFARE programs, that are basically subsidies for private corporations and new regulatory guidelines for government hires.
Email to Hunter Biden raises fresh questions about his tax dealings
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ESG is a lot larger in terms of regulations on the economy than most people comprehend, and the truth is if Joe Biden or someone like him wins another term, things will deteriorate quickly.
With that said, Donald Trump will merely be a better manager of the disaster because when I listen to Donald Trump, he appears disinterested in austerity; Donald Trump has BRAGGED about saving PRICE control mechanisms like Social Security and Medicare.
If you’re unaware, Social Security and Medicare are tied to the ESG agenda, so when you have both Joe Biden and Donald Trump with PRICE CONTROL agendas, you can get a clearer picture of the systematic problems facing America.
In closing, my conclusion is simple: with Trump, inflation will slow down, not retreat; with Joe Biden, inflation will have to accelerate, which, similar to when FDR was President, will likely FUEL a world war because wealth redistribution in PRACTICE has always led to war.
Nobody likes to have their money BLATANTLY stolen from them, which is what socialism, in PRACTICE, is all about.
Interesting times ahead!