BIDEN ECONOMY: One Measurement Shows US Inflation at 20% – Other Measurements Show Recession On the Horizon

 

The real inflation in the US is closer to 20%, not today’s reported 8%.  This and other measurements show that the US is in the beginning stages of a recession.  Saudi Arabia, on the other hand, is doing great. 

Real inflation in the US is closer to almost 20% when using the flexible price CPI less food and energy.  This is much higher than what is being reported by the media.

 

Look who is winning this war in Ukraine – Saudi Arabia – which is having a record year thanks to Joe Biden.

 

A recession is on the way.  Something we reported a week or so ago.  This too is due to Joe Biden.

We reported a week ago that the economic indicators show that we are in the beginning of a recession.  This one could get really bad because the gang in the White House appears to have no desire to get us out of it.  These people for some reason want to see Americans suffer.  They do not care what happens.  They are behind it.