The Rising Cost of Government is causing PRICE Inflation: Western Nations Who voted For a Green Energy Revolution must reap what they sow, This isn’t Stagflation, this is ECONOMIC DEFLATION – October 5, 2021,

One of the terms Peter Schiff often cites is that “people want big government for free”, I agree 100% with that statement, that’s a huge problem amongst Progressives and even Conservatives and Independents who are too scared to push back against the aggressive Progressive agenda. Progressives who are socialists in a slower motion, imagine that they can reap all the benefits of capitalism in socialist utopia and they’re partially right for assuming this because often business people will bend over backward for PRICE discovery during these progressive periods in history.

This is what happened with the ‘New Deal” under FDR, I’m often annoyed when people point to after world war 2 as the era of great prosperity because some capitalists don’t like the term DEFLATION being attached with Capitalism, so they’ll often point back to a period in which Americans were not only making things but spending like crazy.

If I’m, to be honest, if I just came home from war, I’d probably be spending like crazy to get my mind off of all of those dead bodies, but that doesn’t mean that the economy was doing well, the U.S economy definitely got a huge round of stimulus after the war, but this era, also ushered in the “New Society” because FDR was given credit for something he should have never gotten any credit for.

Minimum wages, social security, and all the other silly FINANCIAL Left-wing ideals, America is still paying for these dumb ideas in 2021 and I personally can’t blame people ignorant of economic history for assuming that these programs work. Social security is bankrupt, everyone knows it, the minimum wage law has been such a disaster that there are now talks about raising minimum wages to $15? The first FEDERAL minimum wage law was 25 cents per hour? This alone should explain how bad inflation is if we’re now talking about a $15 per hour FEDERAL minimum wage.

The U.S dollar is holding most of its value OUTSIDE of the United States in 2021

There are still people in countries all over the world still working for below 25cents per hour in U.S dollar terms, I point this out because the cost of living in America is only rising because of the rising cost of government. If a country is still as undeveloped as America was in 1938 those people in those undeveloped nations may still only be entitled to 25 cents USD per hour. If your country as an example still has rolling blackouts? certain businesses can not exist there and therefore wages will be stagnant.

There’s this myth that really annoys me in which people assume the government works for free? Any government regulation you beg the government to impose on you has a price tag attached to it. If you want a green energy revolution and you want particular green energies to have a monopoly on the market, well, first of all, we don’t know if that will ever work because this green revolution won’t be a natural transition, it’s a government forced to transition into renewables.

So being that the market is merely attempting to adjust to what the government wants, even if this experiment works, there’s going to have to be a rediscovery of prices. One of the reasons that FDR’s “new deal” prolonged the great depression was that the private sector had to rediscover prices, luckily for FDR Japan attacked America, and overnight, Americans, as well as the rest of the world, switched to survival mode, there’s no point in saving anything if you’re going to die.

The Green revolution people, want humanity to believe that if they don’t submit to the green lobbyists that the earth is going to die, meaning that if you subscribe to this green revolution nonsense, you’d better be prepared to pay more for everything, you’d better also expect that poor are going to get poorer because monopolizing industries always lead to poverty, the reason humanity opted for capitalism is that capitalism brings forth ABUNDANCE, the green lobbyists have concluded that abundance is bad for the planet and therefore we should return to a socialist utopia in which you will own nothing and be happy.

The end result of all big government experiments is that there will be a ruling class and a serf class. When prices rise, the economy shrinks, what we are heading to is not STAGFLATION, it’s economic deflation or what like to call late-stage socialism, there are no market forces at play who don’t want to hire people, the government is making hiring people more and more expensive and consumers do not or can not pay higher prices, market forces are the main contributors to stagflation, Covid protocols, green new deal, more regulations on the private sector, the threat of more IRS agents to make all Americans “pay their fair share” this is not the work of the Federal Reserve, this is the work of government.

Now, one could argue the Federal Reserve could normalize interest rates, but this would spark a global economic collapse and with all the existing government regulations in place, that pushes up the COST of doing business, it will be impossible to restart any Western economy, most of the BIG businesses today, exist only because of the ARTIFICIALLY low cost of borrowing, this entire global economy is a SCAM.

Being that the entire globe is on the U.S dollar standard, not only does the Federal Reserve have to worry about reckless spending in the United States, the world is awash with reckless spending, this has economic deflation written all over it, we’re going to be forced into a price reset and this clearly going to be inflationary for fiat prices, where the challenges come in is that more government money printing is going to buy fewer goods and services, not because the U.S dollar is necessarily losing value, it’s because the cost of government will be going up.

These fiat price distortions are why you’ll be wise to hold onto things you believe will be assets in the future.

Interesting times ahead