Political Memes and Funny Pictures

Bidenomics Aftershocks Continue

Yet another cost to Americans that isn’t factored into CPI inflation measures is interest. Monthly mortgages, which are usually the largest expense for citizens, have gone up 90+ percent, almost all of which is consumed by interest! So, instead of building up equity in a real estate asset, the vast majority of monthly cash you spend on your mortgage is essentially being tossed in the fireplace. The same goes for loans on cars, computers, furniture, and other big-ticket items. Also, if you lease something or purchase on “0 percent financing,” the interest cost is simply added by the seller to the principle. In fact, Generally Accepted Accounting Principles demand accountants record part of each payment as interest in their bookkeeping. It’s not just consumers that feel the pain. Businesses feel the effects also in their purchases, which is yet another reason they must jack up prices.

Social Media Posts of the Day

Quote of the Day

Message of the Day

Other Links That May Interest You

Social Credit Scores & ESG – What Are They and Why Are They Loved By the World Ruling Class?
Relationships, Girlfriends, Boyfriends, and Dating Meme Gallery 3
Top 5 Seinfeld Episodes That Couldn’t be Made Today
Top 5 Funniest Non-PC Comedy Show Characters
Daily Meme Post Archive
Non-Political Meme Galleries