US Debt is a Ticking Time Bomb – Take II
The US Debt continues to grow at a mind boggling rate.
This is the intended consequences of governments printing fiat currency ad nauseam. The United States is now a banana republic with massive inflation underway. Three months ago, you could buy a 32oz container of Jif Peanut butter for $2.99. Now, Jif Peanut Butter comes in 16oz containers for $2.29. That’s a disguised 53% price increase! At this rate, you will be buying single serving sizes for $2.99 next year. Just watch!
Food prices across the board are soaring. Soon people will have to cut back their eating habits by at least 50% for the same amount of money. The cost of going out to eat will also rise to levels making it a luxury that most will not be able to afford…
