Ron Paul: “With each passing day, the Biden Administration drifts further & further from reality… The painful economic realities of government spending and Fed inflation are staring every American in the face.”

With each passing day, the Biden Administration drifts further & further from reality.

Politicians are notorious for practicing deception, but when lying becomes constant, even it starts to lose its "effectiveness."

The truth & those who speak it, become a breath of fresh air.

— Ron Paul (@RonPaul) August 13, 2022

The real world is not Washington DC.

The real world cannot run on lies.

Don't miss Friday's Liberty Report!t.co/CoJWHxsWpM

— Ron Paul (@RonPaul) August 13, 2022

We have 40 year high inflation and a recession because:

1. Fed lowered rates too quickly and literally bought bonds and ETFs

2. Government printed $4 trillion

Instead of facing the recession, they are changing the definition of a recession.

We’re paying for their mistakes.

— The Kobeissi Letter (@KobeissiLetter) August 13, 2022

The global private sector is burdened with $130 trillion in debt

Compared to 2000, that's an increase of roughly 250% while real wages have barely gone up

Nevertheless, the biggest global monetary tightening in decades will result in a perfect soft landing

Sounds reasonable🙃

— Alf (@MacroAlf) August 13, 2022

Current @federalreserve playbook:
1. Keep bailing out Wall Street with a $500 bn repo fund
2. Say inflation expectations are low
3. Keep gold below $1800
4. Lie about massive QT
5. Have doves talk tough about raising rates
6. Blame everything on Putin and covid pic.twitter.com/9muxHgsBCp

— maneco64 (@maneco1964) August 12, 2022

The Fed’s Damage to the Housing Market May Last Years: Bloomberg

The central bank created major distortions in a market where many Americans have most of their wealth. Why?

Inflation Costing the Average American $717 a Month, Analysis Shows

Higher prices already cost Americans $8,607 over past year. The average American is shelling out an extra $717 a month because of the hottest inflation in decades, according to a new analysis from the Joint Economic Committee Republicans.

Grocery Inflation Hits Highest Level in 43 Years Despite Biden’s ‘Zero’ Inflation Messaging

Some of the categories that hit everyday Americans hard in the pocketbook have soared, with the price of groceries jumping to its highest level since 1979.