17min chapter

Politicology cover image

Missiles & Money — The Weekly Roundup

Politicology

CHAPTER

Challenges of Increasing Financial Burdens

The chapter explores the financial struggles of families above the poverty line due to rising costs in health insurance, home insurance, auto insurance, and credit card interest rates. It critiques the Biden administration's efforts to tackle inflation and questions the accuracy of official inflation rates, delving into the impact of fiat currency on purchasing power. The discussion delves into the implications of excessive money printing, escalating interest payments, and the global repercussions of the US fiscal deficit and debt situation.

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