Middle Class Destroyed: STANDARD of LIVING Butchered!

I Am Shocked By This Data

I was walking home with my daughter one day and this dog ran up to us barking with his teeth showing. Sensing that it could jump on my little girl with its weight, scare her, scratch her, or worse, I instantly began throwing fists, screaming, and doing everything my instincts prompted me to do in that situation.

He went away, and I told my girl she had nothing to be frightened about.

I was wrong… he waited and came back again.

This time he returned without the element of surprise, and I was readier than ever to make sure he got my message.

Again, I made sure to show him that we wanted him to go back to where he came from and leave us alone, and he did.

Not even a minute passed, and he locked eyes with us for the 3rd time, only he didn’t come running. He was walking and didn’t seem to have any aggressiveness but a general curiosity.

We also paid no mind to him and continued walking until something else got his attention.

Courtesy: Zerohedge.com, Bloomberg

Inflation is very much the same. When it first appeared, we saw it coming, and the FED went into shock both surprised and seemingly paralyzed while not realizing that it was coming for us!

At first, it proclaimed that it was transitory and didn’t do anything special, just like my daughter and I kept walking until it was abundantly clear the dog was targeting us.

At that point, my mindset completely changed, just like the FED’s did in November 2021, and the dog was viewed as a threat like inflation is.

In the beginning, you just motion for the dog to scram with your hand, but if he doesn’t, you kick into 6th gear and go bazooka on it.

This is what the FED did with inflation; Powell aggressively hiked interest rates to stop the charge and the borderline hyperinflationary trends.

Courtesy: Zerohedge.com, Bloomberg

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    I didn’t think the dog would come back, but it did even though I wasn’t surprised or scared, so the second time was easier but still not fun.

    The 3rd time, I just wanted to confirm and verify that the dog got the message, but even if he kept walking beside me, I realized I won that one.

    The FED hasn’t been able to completely vanquish inflation, but it’s looking better…

    The problem is that it is causing people a lot of headaches, and rents and shelter inflation are relentless:

    Courtesy: Zerohedge.com

    In real terms, the middle class is getting hammered, and it’s not even funny how much!

    I want to show you a disturbing trend that’s totally unprecedented in modern American terms:

    Courtesy: Zerohedge.com, Bloomberg

    This torpedo into the heart of the average American household, a deeper decline in the real income that a family gets to enjoy, is alarming.

    It also tells me why Washington is pointing the finger at Russia and the Chinese balloons and not within.

    It must deflect and blame outsiders, but the numbers don’t lie: this is a bad economic downturn, and it seems like it will take another year for it to fully bottom out and reset.

    Best Regards,
    PortfolioWealthGlobal.com

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