I’m honestly shocked he’s still alive.

Both of these things fell apart under the vegetable president, although the seeds were sown back in the 2008 financial crisis when the Bernank started printing dollars to pay off Congress’s debt and called it “quantitative easing.” The neoclowns decided that getting revenge on Russia for being mean to tribesmen hundreds of years ago, and more recently for Putin disempowering and expelling the tribal “oligarchs” looting the country, was more important than maintaining faith in the world reserve currency and U.S. financial system. Russia now has a coalition of huge economic actors willing to transact in anything BUT dollars, massively weakening demand for them. At the same time, the petrodollar ended and CONgress went on a truly mind-boggling spending spree in response to the scamdemic and 404 war. Because the rest of the world no longer trusts us (and rightfully so), there’s nowhere near the level of demand to soak up the insane amount of excess dollars. Hence, Bidenflation (which in all fairness wasn’t directly his fault. It’s more appropriately called “neoconflation” or “Congressflation.”

A truly independent Fed would have pulled a Volcker and jacked rates into the stratosphere to tame inflation and teach CONgress a lesson by crashing the economy, but since the Fed is yet another skinsuit organization owned by gay race communists, Powell LOWERED them in a naked bid to throw the presidential election to the cackler.

At this point I’m in the “let it all burn down and then start over” camp.