Friday, September 3, 2021

Biden's Spending spree

The math behind Biden and the Fed’s spending spree

"The United States brings in roughly $3.4 trillion in tax revenues, but President Biden, the progressives, and the Federal Reserve continue to spend significantly more than that, including:

• $5 trillion in deficit spending
as a result of the Pandemic.
• $2 trillion more in deficit spending for infrastructure.
• $6 trillion budget proposed for 2022.
• $28 trillion national debt (on pace to hit $40 trillion by 2025).
• $8 trillion Fed balance sheet (on pace to hit $15 trillion by 2025).
All of which is happening now…

But the question no one seems to be asking is…
How are we going to pay for all this?
The secret that no one will tell you is that there's only one way to pay for it all... with devalued dollars, otherwise known as INFLATION".[UnitedAmericaNews]

My money is worthless...just ask any financial institution or glance at your bank statements.

No comments: