Biden Blames Trump Instead of The Federal Reserve for Inflation
(Chaz Anon) In the dramatic production that is American politics, where truth often takes a backseat to bombast, Joe Biden's oratory exercises seem to abide by an unspoken rule: if his lips are moving, chances are the truth isn't invited to the show.
Picture this: inflation, that sneaky thief in the night, was lurking at just under 2%, almost whispering sweet nothings when Sleepy Joe took the helm. Fast forward through the Biden epoch, and voila, we've been bestowed with a cumulative inflation souvenir of about 25%.
But let's not delude ourselves into thinking this is a simple narrative of cause and effect, with Biden as the sole architect of our financial woes.
Oh no, for the Covid spending frenzy — a veritable festival of fiscal abandon — was set to unleash the inflationary hounds regardless of the presidential inhabitant of the White House.
Enter the Federal Reserve, the puppeteers in this grand performance, pulling strings in shadows, ever maneuvering in ways that align with their cryptic agenda of BOOM-BUST cycles.
Their response to the unfolding drama? A masterclass in opacity and self-interest, wrapped in the guise of economic policy.
And then there's Donald Trump, the erstwhile ringmaster of our collective circus, who, by some twist of fate or perhaps cosmic jest, finds himself in the enviable position of spectator rather than scapegoat.
With Biden "winning" the last election, Trump dodged the proverbial bullet, leaving Biden to wear the economic albatross around his neck, a memento of turbulent times.
In this paradigm, where the lines between villain and victim blur, we find ourselves spectators to an unfolding drama of economic intrigue, with the Federal Reserve directing the show from atop the pyramid.
