Understanding Election Dynamics: How Inflation and Debt Are Destroying Middle-Class Wealth

Once the Biden administration took hold, they put basically nine trillion dollars of fresh capital on the street. Inflation was a given but that's not the worst part. Inflation is an overall indicator of a destruction of a currency, because by inflation you overstimulate the economy, and that cannot necessarily be completely bad, but it's really bad when you do it to such a level like what the Biden administration did. It destroyed the buying power of the consumer, and when you look at like the middle class, they cannot afford to have ten percent of your inflation because their wages do not accelerate, or to certainly maintain that growth each and every year. Inflation has grown 25 percent in two and a half years. So we've had an acceleration in the amount of debt as a percentage per capita.