Inflation surge imminent as M2 growth hints, Biden’s proposed 44% Capital Gains Tax shocks; gold soars.

Sharing is Caring!

Last year’s warnings echo louder as M2 data forecasts inflation surge, dismissing deflation fears. In Florida, over half of renter households strain under excessive rent burdens. Brace for wealth erosion as Biden’s historic Capital Gains Tax proposal looms, while gold’s ascent prompts speculation of $3,000 per ounce.

In situations where the government runs record deficits and engages in significant money printing, tax hikes may be considered necessary to address fiscal imbalances and mitigate inflationary pressures. Increasing taxes can help reduce government borrowing and spending, thereby curbing inflationary pressures caused by excessive demand fueled by deficit spending. Additionally, higher taxes can also help offset the expansion of the money supply and prevent excessive inflation by reducing the amount of money available for consumption and investment. However, the decision to implement tax hikes is complex and must consider various economic factors, including the potential impact on economic growth and consumer purchasing power.

See also  Photo of Biden’s speechwriting team is going viral.
See also  Affordability Crisis Hits Feminine Care: Sales Drop as Prices Surge

Analysts: Gold to $3,000 Per Ounce? Why Not $5,000?

Views: 266

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.