Dear Leader Biden’s OTHER Crisis: Inflation Will Price Many Americans Out of Housing and Into Homelessness

.....

AUTHOR

Choo Choo

CATEGORY

SUPPORT

Donate

Inflation

“O come, let us worship and bow down: let us kneel before the LORD our maker.”  Psalms 95:6 (KJV) 

How many crises can the Biden regime handle at once? Unfortunately, the last year-and-a-half have taught us beyond a shadow of a doubt that they cannot handle ANY SINGLE crisis, let alone multiple crises. Some argue that this is by design, that they are doing the bidding of the New World Order to bring the United States down to the same economic level as the other nine “regional geopolitical powers” the World Economic Forum and Club of Rome have envisioned since the 1970s. I happen to believe this is the case.

Whether they’re incompetent, diabolical, or a combination of the two, the Biden regime already has food, energy, inflation, spending, and supply chain crises to handle, and that’s just on the economic front. Unfortunately, the list is only going to get longer with the mortgage and rent markets in the process of crumbling rapidly. All of that is described in the article below by Brandon Smith from Alt-Market.

Precious metals are considered by many to be the only hedge for those with wealth, property, or retirement to protect against stagflation and even a potential economic collapse. There are many options available to our readers; I know as I have talked to and been pitched by at least two dozen over the past year. We selected two precious metals sponsors.

First is the Liberty Gold Guy for no-frills physical precious metals shipped to our readers’ homes. Ira is not going to try to upsell you the latest super-special-gimmicky coin that most companies push for higher margins. Second, we have JD GoldCo as an option for those looking for a wide array of precious metals products. Both companies are operated by America First patriots, which is shockingly rare in the precious metals industry. I was surprised to learn how many companies are actually owned by or receive funding from Chinese Communist Party interests here in the United States. Neither the Liberty Gold Guy nor JD GoldCo suffer from this challenge.

For decades, I’ve been a naysayer who has opposed what I thought was “economic collapse hysteria.” I didn’t move out of the city because of Y2K. I didn’t pull all of my money out of the bank during the 2008-09 recession. I didn’t buy a two-year supply of toilet paper during the “two weeks to flatten the curve.” I have remained grounded in the belief that even when the economy has bad times, we’re still the United States of America, so we’ll be able to recover. If we could survive eight years of Barack Obama, we could survive anything, right? Now, I’m not so sure. Under the Biden regime, I am actually concerned about our nation’s near-future economic condition, which is why I am so bullish on precious metals for the wealthy, especially those who have real estate or rental property investments. To those of us who are not wealthy, I strongly recommend stocking up on food. With that said, here’s Brandon Smith to explain it all better…

One of the most detrimental aspects of an inflationary or stagflationary crisis is that, in most cases, housing costs tend to rise while home sales fall.

It might seem counterintuitive; one would assume that as sales fall so should prices, but this is the upside-down world of inflation. Certain commodities and products, usually necessities, almost always skyrocket in price, ultimately driving most American families out of the market completely.

One of the only exceptions to this rule is when the government institutes rent or price controls. In Weimar Germany, for example, the government enforced strict regulatory controls on landlords, fixing rent at a rate that made profits impossible.

Biden’s housing crisis

Now, this might sound familiar – during the height of the Covid pandemic the Biden administration established a lengthy moratorium on evictions, which made it impossible for many property owners to collect rent payments they were owed. Owners couldn’t replace delinquent tenants with those willing to pay on time, leading to massive financial burden on property owners across America.

The effects of this were detrimental to both the U.S. economy and especially the ren…

God Bless America & God Bless You

SHOP

Made By Choo Choo

Shop

PRAYER & PROPHECY

LIVE: MIDTERM PRIMARY RESULTS (MS Runoffs, IL, NY, OK, CO, UT)

Big Bear Bald Eagle Live Nest Cam

Avon Lake Eagle Cam 3

Sunday Morning Service 6/12/2022