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By June 2022, CPI hit 9.1 percent, the highest since 1981. Rent, food, used cars, energy: all of it ran hot simultaneously. Monetary expansion redistributes wealth rather than creating it, taking from your pocket to give to whoever holds newly printed money first.
Powell's "transitory" call was deliberate. The Fed had every price signal and money supply number available. M2 grew 27 percent in 2020 alone. That expansion predicted exactly what followed.
The Fed created this inflation deliberately, financing pandemic-era federal spending that Congress could not politically tax you to fund directly. Printing was the cowardly path. You paid through purchasing power destruction rather than a visible tax line on your return, which is precisely why they preferred it.
https://x.com/SenRandPaul/status/2103502330155155819

Sheri Auclair - On our way to Miami, and AG Keith Ellison is sitting across the aisle.
Nothing on his schedule today for a Miami trip.
Must be taking a break from his falling poll numbers.
Every now and then, I just say "Learing Center", loudly.
https://www.facebook.com/100079025148615/posts/riding-high/1079087508068744/

Shipwreck @shipwreckshow - This was the turning point for a lot of folks.
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Donald J. Trump @realDonaldTrump
The Radical Left Democrats have hit pay dirt, again! Just like with the FAKE and fully discredited Steele Dossier, the lying 51 "Intelligence" Agents, the Laptop from Hell, which the Dems swore had come from Russia (No, it came from Hunter Biden's bathroom!), and even the Russia, Russia, Russia Scam itself, a totally fake and made up story used in order to hide Crooked Hillary Clinton's big loss in the 2016 Presidential Election, these Scams and Hoaxes are all the Democrats are good at It's all they have - They are no good at governing, no good at policy, and no good at picking winning candidates. Also, unlike Republicans, they stick together like glue. Their new SCAM is what we will forever call the Jeffrey Epstein Hoax, and my PAST supporters have bought into this "bullshit," hook, line, and sinker. They haven't learned their lesson, and probably never will, even after being conned by the Lunatic Left for 8 long years. I have had more success in 6 months than perhaps any President in our Country's history, and all these people want to talk about, with strong prodding by the Fake News and the success starved Dems, is the Jeffrey Epstein Hoax. Let these weaklings continue forward and do the Democrats work, don't even think about talking of our incredible and unprecedented success, because I don't want their support anymore! Thank you for your attention to this matter. MAKE AMERICA GREAT AGAIN!
>>25076454 pb