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When you have to pay higher prices at the pump for Biden priced fuel, you have less $$$ to pay for high priced Biden food.
That is why i got a EV magee. I sure don't miss buying gas las. He is gonna get us in a world wide nuke war anyways so the stores won't be selling much food when the end comes.
The more money one has to put in the fuel tank the less buying power everyone has so it will definitely hurt the economy. That meal out will be cancelled or the shopping trips will be off the radar as well.
Biden is also saturating the economy with debt money to keep the economy going but in the long run we will feel the pinch with everything costing more. It all had to be trucked and trucking costs will be one third more money in a very short time with gas going up and up.
When the grocery corporate world is panic hoarding because of the Biden induced super inflation cycle about to hit, you know things are about to get bad.
The bright side is that if things get so bad here, maybe even illegals will not want to come here. You’ll actually have Americans wanting to go to Mexico to live (cheaper).
The irony is that Mexico (and other Latin American countries) won’t let you immigrate there that easily. Sure, they’ll let you visit but to actually immigrate there and be a resident, they won’t allow just anybody, like we do for them.
Then why are lumber prices going down instead of UP?
Well, here in the Pacific Northwest, lumber isn’t going down at all… At both my local Home Depot and Lowe’s, lumber, of all cuts and types went up again this week. Causing me hold up on a home improvement project till next year. Heck, even the prices on the “made-made” lumber products are going up as well.
Inflation is real and a large part of it is being driven up by the cost of fuel, both in the production and transportation of goods. I don’t think we will hit the levels like in the late 1970s and early 1980s, but it’s going to be felt by many within the Working Middle-Class.
Honestly, it doesn’t matter how we got here, what matters is that Biden is now the POTUS and he owns it. Plus, Killing the Keystone Pipeline was very foolish… Especially, after Biden blessed off on the Russian/German pipeline…. Putting more skilled Russians to work, while more and more Skilled American workers are now unemployed.
We eat healthy, mostly vegies, fruits, grains, fish and chicken. Always been a frugal shopper. Our prices at local stores have always been sky high. Just another day.
Silver lining, maybe people will become healthier, not buying high priced junk foods, unhealthy snacks, too much sugar, heavy amounts of beef/pork, sugary beverages like soda, packaged foods, etc.
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