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'''Bidenflation''' is an extremely harmful type of [[inflation]] and [[agflation]] that erodes the value of nearly everyone's savings and wages, without any way to protect against it with investment in [[gold]] or access to interest rates as high as the inflation rate. Bidenflation is caused by the senselessly wasteful spending and [[economic]] policies of the [[Biden]] Administration, especially in 2022.
'''Bidenflation''' is a central element of [[Bidenomics]], the economic program of socialist leader [[Joe Biden]]. It is an extremely harmful type of [[inflation]] and [[agflation]] that erodes the value of nearly everyone's savings and wages, without any way to protect against it with investment in [[gold]] or access to interest rates as high as the inflation rate. Bidenflation is caused by the senselessly wasteful spending and [[economic]] policies of the [[Biden]] Administration, especially in 2022.
== Erosion of savings ==
== Erosion of savings ==