Under Joe Biden, Chuck Schumer and Nancy Pelosi (now Hakeem Jeffries), the US economy is hooked on gov … spending and debt.
Some are marvelling that M2 Money VELOCITY (GDP/M2) is rising as if it is a miracle. It isn’t. Under Biden, public debt has increased by $3.7 trillion. But as The Fed pulls back and M2 Money growth slows, M2 Money Velocity is rising. But still below historic levels.
Doctor, doctor (Yellen). We now have a foul case of excessive and wasteful Federal spending and debt.
China doesn’t must invade the US. Biden, Schumer and Jeffries are destroying the country on their very own.
While Biden is bailing out banks and Ukraine (and taking bribes from China), I’m struggling to purchase a bottle of wine.
