Tucker Carlson Sounds the Alarms on Inflation

Earlier this week, Fox News host Tucker Carlson sounded off on some of the ways the government has misspent Wuhan virus relief funds by handing out money to politically connected organizations.

Carlson revealed that a voter registration nonprofit headed by Rev. Raphael Warnock, who is now running for a Senate seat in Georgia, received $482,000 in Wuhan virus bailout money. He also asserted that an agency co-owned by Ilhan Omar’s husband received over $600,000 in Wuhan virus relief funds. To add insult to injury, Planned Parenthood was able to pocket $80 million in relief funds.

But that’s not all. Tucker warned about the potential dangers of inflation that could come about due to the money printing that will likely follow this spending binge.

In his show segment, Tucker argued that “You cannot keep printing trillions of {dollars} with out getting critical inflation. There’s no getting round it.”

In contrast to other commentators, Tucker understands the inflation beast, which he continued to expose:

The people making these decisions know that perfectly well. But thats the secret: They want inflation. In fact, they need inflation. Why? Because they’ve gotten rich from debt. That’s the real economy. Leverage is their entire business model. So for the finance class, inflation is the only way out of all that debt. When money is worthless, you owe less. Meanwhile, hard assets — like upscale real estate on Martha’s Vineyard — will be worth more.

Inflation is particularly deadly for the working classes, who generally receive the newly printed last, while the banksters and other cronies receive the freshly printed money first. This allows the rich to continue buying hard assets while the working class have to scrape by. Tucker explained this as well:

So inflation may crush you, but it will make the people making the decisions richer. Everyone else — regular wage earners, people living on fixed income, every middle-class retiree in the country,  anyone who bothered to live like a responsible person and save money —  will be in serious trouble when inflation arrives.That’s not speculation. It’s coming, and anyone who’s paying attention knows it’s coming.

Tucker also gets the implications surrounding Democrat control of the U.S. Senate should Republican incumbents David Perdue and Kelly Loeffler lose their runoff races. He outlined what’s at stake:

If Democrats retake the Senate in January, they’ve committed to passing something called the HEROES Act. Just who are these heroes they plan to help? Not the thousands of small business owners whose lives they destroyed. No, this legislation will help rich people in the Northeast who were hurt by the Trump administration’s last tax cuts. The HEROES Act would restore the full state and local tax deduction, reversing the 2017 law that capped it at $10,000. According to the Brookings Institution, 96% of the benefits from this would go to the top quintile of earners, 57% would benefit the top 1%, and 25% would benefit the top 0.1%. In other words, it would benefit Democratic voters.

Central banking is a scourge. Many of the Founding Fathers correctly viewed it as a major threat to American socio-economic stability. The current easy money policy agenda is a boon for the oligarchical classes and only serves to exacerbate the financialization of the American economy. In no way does this benefit Americans of humbler economic stature.

Ideally, the U.S. would abolish the Federal Reserve and have a free market in money.

But first, we will need commentators such as Tucker Carlson to raise awareness regarding the Fed’s perfidious behavior and expose it to the general public.