Look at the above screen shot taken from: (http://www.usdebtclock.org/index.html)
What do you see here? Well you can see that Mr. Inflation has sure been busy at work these last 17 years. Unfortunately, he has done the most terrible job inflating wages. Just look at the two metrics, two things we all need more or less, wages and housing.
Median income from the year 2000 to 2017 went up a total of under 4%. Maybe 0.2% a year on average, while the median home cost almost doubled, around 6% per year, and this is after the first housing bubble burst and re-inflated! In 2000 it took approximately 5.5 years median income to afford the median home, in 2017 it now takes over 10 years median income.
This is the deformation of the USA, the systematic destruction of the middle class. A life necessity doubles and the ability to afford it stays flat. This is happening in housing, education, health care and every other consumer necessity. This is systematic poverty.
If this continues, the middle class will erode to nothing and we will have 99% of people impoverished. This happened all throughout history, and it must stop if we are to maintain our republic. When the currency is debased, or duplicated rapidly, it loses purchasing power and prices rise. Mix this with stagnant wages and we will lose our quality of life, country and place in the world.
So for those of you who are terrified and see RUSSIANS are around every corner, turn off the television and realize the real enemy to your well being is probably folded in your wallets.
