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Glenn explains why HYPERINFLATION may occur thanks to blue states in lockdown
Perhaps surprisingly, analysis of blue vs. red states during the COVID pandemic show little discrepancy between the GDP of states that remained open and states that entered into strict lockdowns. But a simple look at the GDP doesn t always tell the FULL story. In this clip, Glenn explains why we may soon experience HYPERINFLATION, in part thanks to the federal government funding with huge amounts of printed money the blue states that were/are suffering.
It s almost as if they WANT you to feel the coming pain as deeply as possible. First, Biden nixed the Keystone XL Pipeline, driving the price at the pump through the roof. Now, (Mayor) Pete Buttigieg is heading up the Department of Transportation and floated the idea of taxing EVERY mile you drive. So much for buying an electric car to save money at the pump. ....

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