Democrats Plan Hyperinflation That Will Destroy The U.S. Economy

Taking a page out of their radical, progressivist playbook, the Democrats plan hyperinflation to finance massive spending increases and new entitlements. In fact, many Democrats are embracing the ideas of economist Stephanie Kelton or “Modern Monetary Theory.”

However, even liberal Nobel-Prize-winning economist Paul Krugman calls Kelton’s ideas a “blueprint for hyperinflation.” In particular, Kelton believes that the government will never go bankrupt because the treasury can print all the money it wants.

So, the government can supposedly spend all the money politicians want. Consequently, Kelton’s theory is now “the biggest idea in Washington,” The Huffington Post claims.

Just How Will The Democrats Plan Hyperinflation?

The Democrats plan hyperinflation by increasing the money supply, The Week’s James Pethokoukis claims. As a result, the Democrats plan to make Kelton’s ideas function as national policy.

Particularly, Democrats will issue an unlimited amount of debt to pay for programs such as basic income, free college tuition, Medicare For All, and a jobs guarantee. Astonishingly, Kelton believes the government can pay for all that without raising taxes through the printing of more and more money.

Conversely, Krugman believes that this practice will cause an inflation rate of 12% a month or 144% a year. This will destroy your money because $1 will be worth 1.44¢ after merely a year of such hyperinflation.

As a consequence, a $62,000 annual salary will be worth $7,740 per year under Modern Monetary Policy. Notwithstanding, the U.S. Department of Health and Human Services sets the poverty rate for a family of four at $25,750 a year. Because of this, Modern Monetary Policy will impoverish most Americans.

https://www.offthegridnews.com/financial/democrats-plan-hyperinflation-destroy-u-s-economy/

Every Policy Idea Democrats Come Up With Is Designed To Destroy America

Democrats do not seek to reform the law, but to dynamite the moral foundations beneath it.

The headlines this week from Democrats’ bumbling, stumbling budget negotiations have focused on their inability to get agreement on Joe Biden’s massive cradle-to-grave reformation of the relationship between the individual and the state. Democrats claim these trillion-dollar proposals are free – they’re “taxing the rich” to pay for them.

But are they? It’s worth taking a look at who Democrats are taxing, and who they’re protecting. For all the Alexandria Ocasio-Cortez-style rhetoric, the burden of their budget proposal falls squarely on America’s middle class. The left-of-center Tax Policy Center recently assessed that Biden’s proposal would result in higher taxes in 2022 for 74 percent of middle-class earners.

Moreover, the Joint Committee on Taxation recently pointed out that Democrats’ desire to raise the corporate tax rate, undoing the Trump administration’s tax cuts, will be passed on to workers. According to the Tax Foundation, 70 percent of a corporate tax increase is borne by labor.

All of this is exacerbated by the perilous state of our economy, which is seeing supply chains in tangles, the core inflation rate at the highest it’s been in 30 years and climbing, and thousands of blue-collar workers – considered heroes a year ago – being laid off for refusing vaccine mandates. Thousands more middle-class jobs will be put at risk by the Democrats’ “climate agenda,” which seeks to make fossil fuels, and the good-paying jobs that come with them, obsolete

https://thefederalist.com/2021/11/03/every-policy-idea-democrats-come-up-with-is-designed-to-destroy-america/

Pentagon ups the ante in vaccine standoff with Oklahoma National Guard

The Pentagon has warned the US National Guard that Covid-19 vaccination is mandatory and that members will face disciplinary action if they do not get the jab after a National Guard general openly defied a vaccine mandate.

Brigadier General Thomas Mancino – the 45th Infantry Brigade Commander of Oklahoma’s National Guard – told his soldiers last week that “no negative administrative or legal action” would be taken if they refused Covid-19 vaccination, despite President Joe Biden’s controversial military vaccine mandate.

National Guard general defies Pentagon’s Covid-19 vaccine mandate for soldiers READ MORE: National Guard general defies Pentagon’s Covid-19 vaccine mandate for soldiers

However, the Pentagon shot back on Monday, warning that National Guard members would be punished if they remain unvaccinated.

“It is a lawful order for National Guardsmen to receive the COVID vaccine. It is a lawful order,” the Pentagon Press Secretary John Kirby warned. “Refusing to do that, absent an approved exemption, puts them in the same potential as active-duty members who refuse the vaccine.”

Kirby noted that even state National Guard members were beholden to the Secretary of Defense’s orders and that the Oklahoma National Guard would therefore have to conform like any other US military body.

“The Secretary of Defense has the authority to require these vaccines for all members of the force, including the National Guard, as I said, even in a Title 32 status,” Kirby said, arguing that even when the National Guard members are under the command of state governors, they must abide by the Pentagon’s vaccination mandate, since the force is federally-funded.

https://www.rt.com/usa/540367-pentagon-threatens-national-guard/

Activist says he’s got ‘1,000 soldiers locked and loaded’ to defend CRT

An African-American activist defending critical race theory at a Texas school board meeting said he has “thousand soldiers” who are “locked and loaded” on standby, but insists it’s a sports term and not a threat.

Video of a meeting of the Fort Worth Independent School District board shows Malikk Austin arguing that he fights for “critical race theory equity” for the sake of his children, and that he’s got “over 1,000 soldiers ready to go.”

A Far-Left activist in an FWISD Board meeting threatened parents all because they were criticizing CRT. The activist said that he would bring 1000 soldiers and that he will be "lock and loaded" next time. pic.twitter.com/VmqNaQQh10

— Carlos Turcios (@Carlos__Turcios) November 12, 2021

“How dare you come out here and talk about the things that my daddy and my grandparents went through, the lynching, the oppression, Jim Crow, and my kids are still being afflicted by this,” Austin said at the November 9 meeting, adding, “We are not our ancestors.”

The incident was captured on video by Carlos Turcios, a conservative activist who was also at the board meeting. The footage also shows Austin saying his “soldiers” will be “locked and loaded” as he is being ushered away by law enforcement.

https://www.rt.com/usa/540364-critical-race-theory-texas-soldiers/

Just three and a half months before the fateful plane crash that killed Skynyrd members Steve Gaines, his sister, backing vocalist Cassie Gaines (of the Honkettes), and lead vocalist Ronnie Van Zandt, Lynyrd Skynyrd played this 4th of July weekend program in Oakland.

Lynyrd Skynyrd - Freebird - 7/2/1977 - Oakland Coliseum Stadium (Official)

>>15008890

>Christmas caroling is unsafe this year, says Dr. Theresa Tam:

But Football games are safe..NO Masks ..NO Social Distancing and NO covid …100 Thousand people packed in like sardines…If it was a Trump Rally.What its a Super Spreader event……They're all a bunch of LYing FKing

>>15009163

Not to worry your hero the Anti-Christ is close by..You'll have it…. kekeke

>>15009217

That's Islam for you..kekekeke

>>15009310

KEK….Good doggie..kekeke