How The Dollar is Going to Die?   

The American leaders have jeopardized the future of the nation, and society is starting to feel the consequences of such reckless decisions. They probably thought that they could actually get away with it, they believed. They could create borrow and spend giant piles of money without facing any issues, but of course, that plan has backfired. If those in positions of power are so highly educated and have spent decades working to get into their current positions and become so-called experts. They should have known better, the truth is that we can't trust them to make difficult decisions. These so-called experts have put us on a path that leads to the total collapse of the dollar and leaves us at total financial since the creation of the United States.

There have been many governments that have surrendered to the temptation of creating massive amounts of dollars, and every single time things have ended badly. So by now, those who are leading this country should have learned their lesson, but then they found the perfect excuse to test the limits of our finances in the system of the economic collapse triggered by the virus health crisis.

It's just, so, tempting to create money out of thin air to patch up our problems. Just like a band-aid covers an open wound, at first, it seems like a great idea during the Weimar Republic tons of artificial money prompted the economic boom everyone was hoping for in Germany, but that didn't last.

We all know how that experiment turned out, in the end, don't we more money is not the cure for a financial system terminally broken, and they should know that by now those policies caused by so many imbalances in our economy that at this point. No one stops talking about inflation on the mainstream media. The alleged specialist seemed mystified that things have gotten so bad so quickly, but anyone with a shred of common sense should have been able to see that this was coming. You just need to go to the website of the agency that started this whole process and in there the latest data will show you that something is clearly off, for instance just look at this fed chart that illustrates what's been happening to the US money supply since the onset of the health crisis.

Money has been created at an exponential rate. What is happening to our money supply is complete and utter lunacy. It's even worse than what happened during the Weimar Republic or at any moment in the whole of human history. This undoubtedly will annihilate the dollar eventually, next let's look at how rapidly the fed balance sheet has been rising now. This is not the sort of thing that should have been happening to the currency of the world's wealthiest superpower, especially because if we go down, the entire world will go down as well.

Our leaders clearly deceived themselves into thinking they wouldn't deal with the consequences of creating money so recklessly, but things have escalated very quickly people have started to notice, and they're getting increasingly angrier with what they're seeing.

Americans have been facing very painful inflation everywhere they go, last week the labor department reported inflation. Across a wide range of products that consumers buy on a daily basis that was even worse than expected in October hitting its highest level in more than 30 years. The consumer price index tracks the price of a basket of products ranging from gasoline and healthcare to groceries and rents shot up by 6.2 percent from just a year ago, which is the biggest jump since December 1990 and significantly higher than the 5.9 percent.

Dow Jones estimates now from October to November the CPI rose 0.9 percent against the 0.6 percent estimate that means that if inflation continues to rise by nearly one percent every month. It won't take long before we're well into double digits on a yearly basis, of course, the official numbers. The official numbers released by the

The government has been adjusted to seem more palatable for the public since 1980. The way inflation is calculated has been changed more than two dozen times, with each and every time. The definition of inflation has dramatically changed. The government's goal was always to make inflation appear to be lower. If the inflation rate was still calculated the way it used to be, we would already be well into the double digits.

Right now, estimates released by john Williams of shadowstats.com point out that if we use the same formula we used during The  1980s. The official rate of inflation would be around 15 right now and as opposed to what the fed says this is not going away anytime soon, in fact, it is evolving into a major national crisis. As we speak

One of the components that led to this staggering surge in the overall rate of inflation is the price of gasoline. Last month, gasoline prices climbed almost 50 percent from the same month a year ago.

The highest level since 2014 even the president admitted that gas prices are quoted exceedingly high unquote and that the surge is causing a lot of anxiety in our society. You bet president on top of that grocery, prices increased 5.4 percent pork price is up 14.1 percent from a year ago. That's the biggest jump since 1990 prices for new vehicles climbed 9.8 in October that is the largest rise since 1975. While prices for furniture, bedding hit the highest point since 1951.

Prices for tires sports equipment faced the sharpest increase since the early 1980s. Look as the winter approaches, Americans should brace for even more expensive energy prices, too. Last month US consumers had already faced the biggest jump in their energy bills in more than a decade but, prices are gonna soar higher in the coming months in October, the price of electricity rose 6.5 percent from the same month a year ago.

While consumer expenses paid to utilities for natural gas increased 28 percent according to numbers released Wednesday by the US Bureau of labor statistics, fuel oil faced a dramatic jump in 59 cars for propane kerosene and firewood shot up by almost 35. The data show we hope you've been preparing for this because the head of the national energy assistance directors association, the policy organization for state officials who administer federal energy support as highlighted it's gonna cost you and me a lot more money to heat our homes.

This winter mark wool says we're looking at a much more expensive winter this year to heat your home it's pretty grim, a quote from Mark Wolfe speaking of homes data released by the national association of realtors. The third quarter revealed that from the 183 markets it tracks, the median price of a single-family existing home rose in 99 of them and 78 of them recorded double-digit price increases.

The N AR reported continued strong demand from home buyers and historically low inventory at a time when mortgage interest rates are expected to rise, helping push prices higher in nearly all the markets. Last quarter 94 percent of markets saw double-digit increases and according to the report.

There were three metro areas that saw 30 percent or more increases from one year ago Austin round rock, Texas up33.5 percent of Nepal's Immokalee and Marco. Island, Florida rose 32, and bossy Syrian Nampa, Idaho climbed 31.5 percent. Now, if wages were inflating at the same pace everything else is then, those increased costs would be offset by higher paychecks, but that is definitely not what's happening. What seemed to be a sizable jump in workers' wages just turned into another gut punch after accounting for inflation.

New data released by the labor department has exposed that real average hourly earnings are going down, last month it had increased by 0.4 percent which was in line with estimates. It looked like good news, however, this month given that top-line inflation rose 0.9 percent that was very bad news because it means that all told real

Average hourly earnings. When accounting for inflation actually collapsed by 0.5 percent for the month that is to say a solid paycheck increase actually turned into a decrease and another setback for workers still trying to recover from the effects of the recession, Joseph Lasagna.

Chief economist for the Americas that Natixis says for now inflation is going to continue to run. Above very solid wage growth, this is why when you look at consumer confidence. It's really taking a beating household does not like the inflation story and rightly so, in short, this means that our living standards are deteriorating at a very fast speed. Americans are being forced to take on a lot of debt to afford their living expenses and to maintain the status quo. Data compiled by the Federal Reserve Bank of New York shows that US consumers are carrying record amounts of debt as they get out their credit cards. Once again, just between July and September, US household debt has escalated to a new record of 15.2 trillion dollars, an increase of 1.9 percent or 286 billion dollars.

In the second quarter of the year, can you imagine the absurdity of collectively owing 15 trillion dollars in debt well our leaders really don't set a great example either, many would argue that the federal government is truly the worst offender? Our national debt is about to cross the 29 trillion dollar mark and our representatives in Washington are already working on another spending plan that will cost several trillion more, which is certainly the greatest dead binge in world history and that will result in a massive purchasing power loss as the dollar steadily loses value, needless to say.

This is going to deeply affect everyone's lives and every aspect of our society, and those at the bottom of the economic food chain will suffer the most. An unfortunate example of how these policies have impacted the lives of those who needed them the most is the fact that almost 37 percent of our population is experiencing food insecurity.

Let me tell you that again 37 of our population experiencing food insecurity in some states, food inflation is making. It is harder for everyone to get enough to eat. In fact, one food bank in the San Francisco area. The Alameda country, a community food bank in Oakland, revealed. It's spending an extra 60 thousand dollars a month on food and extra sixty thousand combined with increased demand, it's now shelling out one million dollars a month to distribute 4.5 million pounds that's 2 million kilograms of food said Michael Out fest. The Oakland, food bank director of community engagement added before the beginning of the health crisis, it was spending a quarter of the money for 2.5 million pounds or 1.2 million kilograms of food.

What happens when food prices go up is food insecurity for those who are experiencing it just gets worse, lamented Katie Fitzgerald, chief operating officer of Feeding America, a non-profit organization that coordinates the efforts of more than 200 food banks. Across the country, economists have been warning for quite a long time that this was coming, and sadly what we've faced so far is just the start of a much deeper crisis that will linger for decades.

There's nothing the so-called experts who are running the economy can do to reverse this crisis, in fact, congress just passed another gigantic spending bill that will only make things worse. It is truly soul-crushing to admit, but our course has been set and at this point, there is no turning back.

We're headed to the second stage of the economic collapse that started in 2020, and you can mark the words, America will never ever be the same again.