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In Case You Were Wondering Why Inflation Has Started To Spiral Wildly Out Of Control…
Francesco Abbruzzino, The Uncensored Report, LLC
When you keep making horrible decisions, eventually the consequences are going to catch up with you. That is true for individuals, and it is also true for entire nations. Here in the United States, previous generations handed down to us the strongest and most stable national currency on the planet. Having the default reserve currency of the world has been a great blessing, because it has enabled us to enjoy a standard of living that is far greater than we actually deserve. But instead of doing their best to preserve and protect our currency, our leaders have decided to systematically destroy it instead. As a result, the rate of inflation has gotten completely out of control, and many experts are extremely concerned about what lies ahead.
It doesn’t take a genius to figure out why we have such a problem with inflation at this point.
The money supply has ballooned to levels that were once unthinkable, and this is going to cause massive problems for the foreseeable future.
Let me show you what I am talking about. The following chart of how M1 has changed over the years comes directly from the Federal Reserve…
The giant spike that you can see on the chart started during the early stages of the COVID pandemic.
Our leaders abandoned any pretense of restraint, and we went “full Weimar” for about two solid years.
I warned over and over again that what we were doing was absolutely insane, and now we are starting to experience the consequences.
Many people believe that M2 is a much more accurate measure of the money supply than M1 is, and so let me show you a chart of how M2 has changed…
This chart certainly looks better than the previous one, but it is still extremely frightening.
We are rapidly destroying the stability of our currency, and as a result our standard of living is being absolutely shredded.
I’ll give you an example. A young lady down in Texas went viral this month when she revealed that she was living in a shed in a desperate attempt to save money…
A young Texas woman who moved into a shed that she purchased for just $2,000 in order to save money amid the housing crisis has opened up about her desperate struggle to cope with the summer heat while living in the property – which has no AC or shower.
Is this what they mean when they tell us that we are going to “own nothing and be happy”?
Apparently she was promised that the shed would be “fully livable”, but she quickly found out that wasn’t exactly true…
However, in a video shared to her TikTok, which gained over one million views, Elizabeth revealed that she was ‘ripped off by the builders’ because she was under the impression it was a fully livable shed and is ‘dying’ in the Houston heat while thinking about how ‘nice’ a shower would be.
The good news is that her father came down from South Carolina and installed lights and air conditioning.
So now Elizabeth and her boyfriend will be able to cool off during the summer months.
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