Changes

'''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]], taking root in early 2021.

'''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]], taking root in early 2021.

Beginning in Biden's first 100 days, [[inflation]] began creeping up.  A federal judge found Biden's farm debt relief program racist and unconstitutional.<ref>https://www.thegatewaypundit.com/2021/06/unconstitutional-federal-judge-suspends-bidens-racist-anti-white-farmer-debt-relief-program/</ref>   

Beginning in Biden's first 100 days, [[inflation]] began creeping up.  A federal judge found Biden's farm debt relief program racist and unconstitutional.<ref>https://www.thegatewaypundit.com/2021/06/unconstitutional-federal-judge-suspends-bidens-racist-anti-white-farmer-debt-relief-program/</ref>   

The spike in inflation was especially hard towards 2021 [[Thanksgiving]] day, most Americans affected, polled, blamed Biden.<ref>Mark Moore, "[https://nypost.com/2021/11/24/over-75-of-us-hit-by-inflation-and-most-blame-joe-biden-poll/ More than 75% of US hit by inflation and most blame Biden, poll shows]," ''NYPost,'' Nov 24, 2021</ref>  Biden called more inflation "a great [[asset]]" and a reporter questioning its impact on the 2022 midterm elections a "stupid son-of-b****."<ref>[https://www.whitehouse.gov/briefing-room/speeches-remarks/2022/01/24/remarks-by-president-biden-before-meeting-with-the-white-house-competition-council/ Remarks by President Biden Before Meeting with the White House Competition Council], [[WH]], Jan 24, 2022.</ref>

The spike in inflation was especially hard towards 2021 [[Thanksgiving]] day, most Americans affected, polled, blamed Biden.<ref>Mark Moore, "[https://nypost.com/2021/11/24/over-75-of-us-hit-by-inflation-and-most-blame-joe-biden-poll/ More than 75% of US hit by inflation and most blame Biden, poll shows]," ''NYPost,'' Nov 24, 2021</ref>  Biden called more inflation "a great [[asset]]" and a reporter questioning its impact on the 2022 midterm elections a "stupid son-of-b****."<ref>[https://www.whitehouse.gov/briefing-room/speeches-remarks/2022/01/24/remarks-by-president-biden-before-meeting-with-the-white-house-competition-council/ Remarks by President Biden Before Meeting with the White House Competition Council], [[WH]], Jan 24, 2022.</ref>

Though Biden administration officials, in 2021, called high inflation “transitory.” But Biden on at least one occasion acknowledged the possible impact of generous social spending. By Feb 2022, Biden, reluctantly admitted:<ref>S Nelson, [https://nypost.com/2022/02/04/joe-biden-admits-americans-are-being-clobbered-by-inflation/amp/ Joe Biden admits that Americans are being 'clobbered' by inflation], Feb 4, 2022.</ref> "Americans are being 'clobbered' by inflation."

Though Biden administration officials, in 2021, called high inflation “transitory.” But Biden on at least one occasion acknowledged the possible impact of generous social spending. By Feb 2022, Biden, reluctantly admitted:<ref>S Nelson, [https://nypost.com/2022/02/04/joe-biden-admits-americans-are-being-clobbered-by-inflation/amp/ Joe Biden admits that Americans are being 'clobbered' by inflation], Feb 4, 2022.</ref> "Americans are being 'clobbered' by inflation."

In Jan 2023, noted economist Steve Moore blasted Congress for ramming through insane $1.7T Omnibus Spending Bill.<ref>[https://www.newsbusters.org/blogs/business/joseph-vazquez/2023/01/03/watch-economist-steve-moore-blasts-congress-ramming WATCH: Economist Steve Moore Blasts Congress for Ramming Through Insane $1.7T Omnibus Spending Bill], ''NewsBusters,'' Jan 3, 2022.</ref>

In Jan 2023, noted economist Steve Moore blasted Congress for ramming through insane $1.7T Omnibus Spending Bill.<ref>[https://www.newsbusters.org/blogs/business/joseph-vazquez/2023/01/03/watch-economist-steve-moore-blasts-congress-ramming WATCH: Economist Steve Moore Blasts Congress for Ramming Through Insane $1.7T Omnibus Spending Bill], ''NewsBusters,'' Jan 3, 2022.</ref>

Campaiging for his 2024 bid, desperate to try to win his image, with the economy in trouble, he/his team came up with a pitch "Bidenomics".

Campaiging for his 2024 bid, desperate to try to win his image, with the economy in trouble, he/his team came up with a pitch "Bidenomics".

Much in the MSM media who are more than happy to serve him, went into overdrive.

Much in the [[MSM]] media who are more than happy to serve him, went into overdrive.

{{Cquote|With two-thirds of the country unhappy with how President Joe Biden is handling the economy, the White House will have to fight to sell Americans on "Bidenomics."<ref>Drew Holden, [https://freebeacon.com/media/media-try-to-sell-a-dubious-public-on-the-benefits-of-bidenomics/ Media Try To Sell a Dubious Public on the Benefits of 'Bidenomics'], ''Free Beacon'', July 5, 2023</ref>}}

{{Cquote|With two-thirds of the country unhappy with how President Joe Biden is handling the economy, the White House will have to fight to sell Americans on "Bidenomics."<ref>Drew Holden, [https://freebeacon.com/media/media-try-to-sell-a-dubious-public-on-the-benefits-of-bidenomics/ Media Try To Sell a Dubious Public on the Benefits of 'Bidenomics'], ''Free Beacon'', July 5, 2023</ref>}}

Bidenflation erodes the real value of [[gold]], in contrast with [[inflation]].  Gold actual lost value by mid-2022,<ref>https://tradingeconomics.com/commodity/gold</ref> despite red-hot inflation at 9.1%.

Bidenflation erodes the real value of [[gold]], in contrast with [[inflation]].  Gold actual lost value by mid-2022,<ref>https://tradingeconomics.com/commodity/gold</ref> despite red-hot inflation at 9.1%.

== References ==

== References ==

{{reflist}}

{{reflist}}