Michael Snyder (Opinion) - If you are enjoying the ride on the highway to hyperinflation, then you are going to absolutely love Joe Biden’s new budget. Instead of realizing the mistakes that he has made and reversing course, Biden has decided that now is the time to push the accelerator to the floor. That means that a lot more inflation is on the way, and I am encouraging all of my readers to do what they can to get prepared for that. In my latest book, I sound the alarm about what hyperinflation will eventually do to our economy. We are literally in the process of becoming Venezuela, and most Americans have absolutely no idea how horrific that will be. In Venezuela today, almost everyone is a millionaire, but just about everyone is also living in poverty because the money is absolutely worthless. We don’t want to end up like that, but that is the road that we are on.
While he was still in the White House, President Trump’s proposed budget for 2021 was $4.8 trillion. That is an extremely high number, but Joe Biden’s new budget for 2021 is actually 25 percent larger…
The proposal represents a 25 percent increase over what former President Donald Trump proposed in his final budget – in a year that would be upended by the coronavirus. The spending levels would continue on an upward trajectory, hitting $8.2 trillion at the end of a decade, according to detailed top-line numbers leaked to the New York Times.
I could sit here all day and still ....READ MORE
Michael Snyder is a nationally syndicated writer, media personality and political activist. He is the author of 5 books including his latest, Lost Prophecies Of The Future Of America” which is available on Amazon.com. He has four others that are available on Amazon.com including The Beginning Of The End, Get Prepared Now, and Living A Life That Really Matters. Michael allows others to republish his work on other websites because he feels people need hope more than ever before, and its his goal to share the gospel of Jesus Christ.