Back when he was a young boy, Mike Pence dreamed of being a powerful politician.
After losing two bids for “public orifice”, he was eventually (s)elected as a member of CON-gress in 2000. Prior to that, he was a corporate attorney.
In 2011, Pence sponsored a constitutional amendment to limit federal spending to “the average annual revenue collected in the three prior years, adjusted in proportion to changes in inflation”.
In regards to reinstating the gold standard, he even stated, “the time has come to have a debate over gold and the proper role it should play in our nation’s monetary affairs”.
But that was then… welcome to now.
As VP of the world’s largest criminal organization, Mike Pence says there is no inflation, echoing the recent lies of his (mis)leader.
“This might be a time for us to consider lowering interest rates,” claimed Mike the Minion. “We just don’t see any inflation in this economy, at all.”
If these political clowns keep it up, we’ll be walking around with our palms glued to our faces, because this Orwellian matrix of doublespeak will only get worse.
Can the lawyer turned con(gress)man turned governor turned vice president really be that ignorant? Or is he just that weak?
For all the idiocy and incompetence of the USSA government, I’m pretty sure the so-called conservative (who used to describe himself as “Rush Limbaugh on decaf”) knows better than to declare there’s no inflation in this economy.
First of all, to be clear: inflation isn’t rising prices—that’s just a symptom of it. Inflation is an increase in the money supply.
And yes: the money supply has been increasing… in fact, that’s taking place RIGHT NOW. Since 1913 and the founding of the Federal Reserve bankster cartel (tasked with stabilizing prices), it’s been consistent depreciation all the way down:
Just look at the cost of a college “education” these days: it’s like students graduate with a mortgage debt instead of a degree of any value. Nearly half of college students can’t even afford food to eat.
Tens of millions of Americans are on welfare as the price of a gallon of milk continues to skyrocket. Of course, the money-printing is not stopping, with Drumpf himself practically begging for more back in April.
“In terms of quantitative tightening, it should actually now be quantitative easing,” asserted the former television personality.
All this, even after they sold solid job growth in March! The writing is on the wall.
Yet there’s no inflation… AT ALL… according to the sycophant Pence.
So, why would the Trump Administration be pushing for even lower interest rates? One theory is that if they raise it just a few percentage points, EVERYTHING WILL GO BANKRUPT.
Every major bank, everyone with a mortgage, and the US government itself will implode under the weight of 22 trillion dollars worth of debt.
Is there a way out of this mess? Alas, there is hope and I dive deep into the details in my latest vlog report.
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By the way, the answer to the question in the headline is… both… but you probably knew that.