REPOST…
Big banks don’t want you to know this…
But “deficit spending” is a fancy Liberal term for “print more money”…
And just a week before his inauguration…
A determined President Biden vowed to “invest in deficit spending” so he could finance his agenda. And he wasn’t messing around.
You see, 40% of all U.S. dollars in existence were printed in the last 12 months alone.
Now, this is where it gets disastrous for your IRA and 401(k)…
Because this reckless money-printing spree has unleashed a wave of sky-high inflation.
Influential Liberals like Bernie Sanders… Alexandria Ocasio-Cortez… and Nancy Pelosi have continued to cheer him on…
But many sensible Americans are now turning against Biden – even those that voted for him…
But while that’s the case, there’s something else that you probably don’t know yet.
What is it?
Well, according to Alan Greenspan…
Deficit spending is simply an unannounced “confiscation” of your savings…
Which means that for every dollar Biden prints out of thin air…
And for every increase in inflation his policies create…
The dollar devalues even further…
And your nest egg decreases just as much.
It’s almost like a magic trick…
Except it’s your savings that are vanishing away.
Sadly, Liberals continue to push their agenda with a recklessness that could drain your retirement savings.