Do you know how hyperinflation occurs? Well, back when we had real money, you know, gold and silver coins, the governments and issuing authorities would add metals of lesser value to the coins in order to debase the value of their currencies. Eventually there would be so little silver and gold in coins that were once pure, that the currency would become worthless. This practice is really just a way of stealing from everyone who is holding the currency you are debasing.
Today the system is a little different. Now we just print money out of thin air, usually in the form of adding virtual 0’s to the end of special interests and banker’s accounts. This always leads to the complete and total destruction of a currency. However, leftists love to repeat history, so here we go again. If I were you I would be buying gold, silver and land (if you can) as a hedge against the rising prices.
Hyperinflation can happen over night … and this is exactly how is happens … This bill represents 10% of the nation’s GPD for the entire year! This is not helping, this is only hurting our cause!
The Gateway Pundit reported:
‘The Senate on Saturday passed the Democrats’ massive $1.9 trillion Covid relief bill that has nothing to do with Covid on a party-line vote.
The bill will give some Americans $1400 after Democrats shut down businesses for nearly a year
The Covid relief bill is a power grab for the Democrats, teachers unions, minority interests and will funnel tens of thousands of dollars to federal workers.
Democrat Senators went around Republicans by passing the bill through budget reconciliation, a process that requires only a simple majority vote.’
Fox News reported:
‘The Senate on Saturday narrowly passed President Biden‘s $1.9 trillion coronavirus relief plan following a marathon overnight session in a key vote that puts new stimulus checks and expanded unemployment checks one step closer to the pockets of the American public.
Following 27 hours of debate, delays and wrangling, Democrats pushed through the legislation in a party-line vote of 50-49. The legislation now heads back to the House for final approval before hitting Biden’s desk for his signature on what would be his first major legislative victory.
Democrats, who have the slimmest of majorities in the Senate, were united in passing the legislation that they say will help rescue the economy and end the coronavirus pandemic that has claimed more than 520,000 lives.
…
Republicans said the legislation is too big and bloated.
Even Mitch McConnell said “The Senate has never spent $2 trillion in a more haphazard way or through a less rigorous process,”
Chuck Schumer accentually let on how dangerous and terrible the bill is, reminding us of Ronald Regan’s ‘9 most dangerous words in the world’ … ‘I’m from the government and I’m here to help‘.
Schumer ‘bragged’ that “This bill will deliver more help to more people than anything the federal government has done in decades”. Let me translate that for you … we just bum rushed so much pork though the legislature which we control … nearly 2 TRILLION dollars worth, we politicans are going to be able to live off the kick backs from this bill for 5,000 years!
Americans do not want the government to steal and borrow money and then give 90% of it to special interests and their donors, leaving us with the scraps. What we want, what we NEED, is for the federal government to get the hell out of the way and let us do what we do best … do business and create wealth!
Stop stealing from us, then seeing some of us crumbs back and then pretend that you are doing us a favor, you are not!
