US President Joe Biden. Archival photoMOSCOW, 22 Apr. Rising fuel prices due to the energy crisis, coupled with high inflation, threaten the United States with «big trouble,» according to Andrea Widburgh, a conservative American Thinker article. , as well as exploration and drilling operations in almost all federal states, coupled with uncontrolled spending through money printing, created unprecedented inflation.The US saw a «frightening trend» in the economy «In an attempt to prevent the worst on the eve of the midterm elections, Biden recently announced that he would allocate one million barrels of oil per day from the strategic reserve. But it turned out that at least some of this oil he sends to Europe! When the government is destroying America's energy independence, the population is getting higher fuel prices,» Widburg writes. According to the observer, supplies to the Old World in the current circumstances are the wrong decision. “Of course, Europe has an equally disastrous energy policy that it is pursuing because of the “green” energy madness that has infected the Biden administration. In my opinion, it’s bad enough that we are suffering from our own stupid political decisions. Therefore, we should not take on the burden of Europe,” the author notes. According to him, Americans may be able to withstand the rise in fuel prices, but if you impose this increase on the modern theory of money, according to which “America can print money endlessly”, then the United States will be “in big trouble «.» In this case, the worst inflation in the last 40 years is the trouble. But this is probably an inaccurate definition, because inflation is stronger today than ever before. The fact is that after the inflationary 1970s, the government intervenes in method of calculating inflation. If we use the old methods, it turns out that inflation in America, which is growing faster than ever before, is already much higher than in the 1970s, «says he says. As the author writes, the fact that under the Democrats there was an economic collapse shows that they «will be crushed» in the midterm elections. At the same time, according to him, if we add to this open borders (in the south of the United States. — ed.), «gender insanity», «Afghan fiasco» and an increase in crime, then the representatives of the party in the upcoming elections «will be very bad.» By the end of March, according to the US Department of Labor, prices for consumer goods increased by 8.5 percent in annual terms. In February, this figure was 7.9 percent. Growth was the highest since December 1981. According to US President Joe Biden, the rise in prices in the United States was allegedly the fault of Russia. Opponents of Biden and the Democratic Party criticize the current head of administration for this position, pointing out that the rise in prices began long before the special operation in Ukraine.Read the full text of the article on the InoSMI website>>
America has driven itself into a dead end in spite of Russia
