How to spot and prepare for hyperinflation:

https://archive.ph/YIPhQ https:// www. youtube. com/watch?v=1HmGLV46L60

Hyperinflation is Already Here – You Just Haven't Realised It Yet.

1,248,354 views •Apr 11, 2021

Economics Explained 1M subscribers

Hyperinflation has been a doomsday scenario for modern economies throughout the last century. In all of these failed countries (Zimbabwe, Venezuela, Hungary, Yugoslavia, etc.) there have been uniform warning signs, the same signs that we are starting to see today in the U.S.

6 trillion dollars:

https://archive.ph/Rf8km https:// www. npr. org/2021/05/28/1000843544/biden-proposes-a-huge-hike-in-government-spending-in-a-6-trillion-budget

Biden Proposes A Huge Hike In Government Spending In A $6 Trillion Budget

May 28, 2021·1:30 PM ET ASMA KHALID

President Biden has proposed a $6 trillion budget for the fiscal year starting Oct. 1, part of a plan to overhaul the U.S. economy that would also mean running up deficits of at least $1.3 trillion a year for the rest of the decade despite new tax increases on the wealthy.

The proposal is the biggest budget in recent history, reflecting the massive government spending plans Biden rolled out this spring in his push to bolster the middle class and make the United States more competitive with China:

• his $1.5 trillion discretionary budget, which would increase funding for education, the IRS, and the CDC, among other things;

• the $2.3 trillion American Jobs Plan investing in infrastructure, currently under negotiation with Congress; and

• the $1.8 trillion American Families Plan, which includes spending on universal preschool and two years of free community college.

The White House defends its eyepopping numbers as a a necessary fix after decades of "underinvestment." The added spending, it says, will help build a more productive economy in the long run.

Shalanda Young, the acting director of Biden's Office of Management and Budget, told reporters that declining interest rates "gives us the fiscal space to make necessary up-front investments" in the economy after a decade of budget caps, and said the real cost of federal debt payments would remain below historical averages through the coming decade.

"The president's budget improves the long term fiscal outlook because his policies are more than paid for over the long run," Young said. "That is a sharp departure from unpaid tax cuts under the prior administration that seriously worsened our long-term fiscal problems."

The Biden administration has insisted its jobs and families plans will be fully paid for within 15 years through tax increases.

"This is the right time to invest when we have historically low interest rates, investing now with a plan to pay for it," Biden said in a speech in Cleveland, Ohio on Thursday. "That is the fiscally responsible thing to do."

The White House insists that in later years, when the country faces more daunting fiscal challenges, its budget proposals will actually help reduce the deficit.

https://archive.ph/wip/ur3SJ https://dailycaller.com/2021/05/28/biden-budget-request-jobs-families-plan-spending-deficit/

Biden Unveils Budget Request For $6 Trillion In Spending, Highest Since World War II

ANDERS HAGSTROM WHITE HOUSE CORRESPONDENT

May 28, 2021 2:28 PM ET

President Joe Biden unveiled his 2022 budget request Friday, proposing a $6 trillion spending package that would bring the U.S. to its highest levels of spending since World War II.

Biden’s plan includes funding for his American Jobs Plan and American Families Plan, among other major initiatives. The plan calls for an increase in spending to $8.3 trillion by 2031, with each year adding a $1.3 trillion budget deficit. If that rate is maintained, the U.S. would surpass even its sustained spending levels of World War II by 2024.