Biden's Inflation

The Global Economy, The Omicron Narrative, and The Left’s Grip On Power: The Air Is Coming Out

The now-notorious Chinese real estate giant Evergrande missed the coupon payments on its bonds the other day. Evergrande builds sixty-story apartment towers made (mostly) of sand. Somehow, the bag-holders even in China, where buying real-estate has enjoyed the rush of novelty in recent years, begin to scent the odor of failure in that bloated corpus of fraud.

Transitory Inflation? Not With Joe In Charge

Is there anything Joe can do to change that investor behavior?  There sure is.  He’d simply need to announce that he’s opening up drilling, endorse fracking, and give the green light to pipeline projects.  Investors will expect prices to drop, and they’ll bail on the futures market like rats from a sinking ship.  But that would require admitting that Donald Trump was right.  That’s not going to happen with this administration. 

Biden’s Inflation: Taking the American People To The Cleaners

We’ve never had an administration like the Biden regime that is so willing to stoke the flames of continued and growing inflation by advancing and promoting massive infrastructure bills that are essentially Marxist-Maoist social-engineering programs, along with other terrible policies, aimed at making the American people subjects to future totalitarian regimes, rather than free people who command the government.