1 year ago

This is what President Joe Biden just said about the current inflation rate.
''Are you worried about the inflation number? No, sir. No, I'm not. Because we're talking about one-10th of 1% or one-tenth of 1%."

So as you saw, he just said that the inflation right now is 1/10 of 1%, which is 0.1%, which is no idea the truth.

In fact, the actual inflation is closer to 1/10th of 100%, meaning it's closer to 10%.

In fact, currently, in 2022, we have the highest inflation rate in the last 40 years, and it went up to 9.1% back in June.

Even in September, it is at 8.3%. So what does this mean for everyday people like you and me?

Inflation is a hidden stack, meaning if your income did not increase by at least 8% since last year, then you're making less money because your currency and the dollar have lost value.

This is not surprising because 80% of all the dollars in circulation today were printed in the last two years.

So when you're printing out so much money, what do you think will happen to the currency? It's going to be thoroughly diluted.

So let me know your thoughts in the comments below. 👇🏼

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🔎 ABOUT ME
My name is Anand, and I'm an Entrepreneur of Indian origin living in Silicon Valley, California. I own a Media and Content Marketing Agency called VidGrowth, which specializes in helping Entrepreneurs, Startups, and Small Businesses build their dream business.

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