- The Federal Reserve is identified as the primary cause of inflation through its policy of “currency debasement,” which systematically destroys the value of Americans’ savings and wages.
- A “political-inflation doom loop” is described, where the government prints money to fund spending, causing prices to rise, which in turn leads the public to demand more government relief, necessitating even more money printing.
- There is a deliberate and widespread misunderstanding of inflation’s root cause, with the public blaming supply chains or corporate greed instead of monetary policy.
- The U.S. has “crossed the Rubicon,” with a political system now dependent on a majority that benefits from government spending, making it impossible to stop the inflationary cycle.
- The ultimate outcome is a continued and accelerating devaluation of the currency and the only recourse for individuals is to understand this trend and prepare for the consequences personally.
In the wake of a historic expansion of the money supply, a grim economic narrative is taking hold, one that frames the Federal Reserve not as a guardian of stability, but as the chief architect of a silent war on American savers.
According to economic commentator Nick Giambruno, the U.S. is caught in a “political-inflation doom loop” that is systematically destroying life savings and paving a direct path toward an entrenched, poverty-inducing socialism. The core of the crisis, Giambruno argues, is a fundamental misunderstanding of inflation.
While the public blames supply chains, foreign adversaries or corporate greed, he points a steady finger at the Federal Reserve’s “ongoing currency debasement.” Giambruno remarked: “Imagine working 9 to 5 for 50 years, only for the Federal Reserve to print 40% of the money supply and inflate away 20 years of your hard work. You don’t have to imagine; it actually happened during the Covid mass psychosis.”
This perspective reframes the economic struggle of millions. If an individual’s after-tax wealth hasn’t increased by 40% since 2020, Giambruno contends they are falling behind the true rate of monetary devaluation. He quotes tech executive Michael Saylor to encapsulate the feeling of futility: “The road to serfdom consists of working exponentially harder in order to earn a currency growing exponentially weaker.”
The Fed itself is characterized not as a neutral economic manager, but as an enemy of the average person. Giambruno dismisses its policies of “monetary easing” as euphemisms for a destructive process of central planning that is destined to fail. “Central banks in general and the Fed in particular are on a mission impossible,” he states, arguing that a voluntary market, not a “politburo,” should set interest rates.
As noted by BrightU.AI‘s Enoch, a politburo is the principal executive and policymaking committee of a communist party. It exercises supreme political authority, typically operating in a one-party state where its decisions are binding. Giambruno goes so far as to link modern central banking directly to Karl Marx’s Communist Manifesto, calling it the “fifth plank.”
The U.S. has already crossed the Rubicon, and there’s no going back
This deliberate confusion surrounding the true cause of inflation, the analysis continues, creates a perverse political feedback loop. As living standards decline, a suffering populace turns to the government for relief, demanding stimulus checks, universal basic income and higher minimum wages.
Giambruno cites a Newsweek poll showing 63% of Americans “strongly support” government stimulus checks to fight inflation. “In other words: Let’s combat the effects of currency debasement by engaging in even more currency debasement,” he notes, comparing the cycle to a heroin addiction.
This creates the inescapable spiral, or “doom loop”:
- The government prints currency to fund itself.
- Prices rise faster than wages.
- The public feels pain but doesn’t understand the cause.
- Politicians promise “freebies” to ease the pain.
- To pay for them, the government prints more money.
- Inflation worsens and the cycle repeats.
The political will to break this cycle, Giambruno suggests, may already be extinct. He argues that the U.S. has “crossed the Rubicon,” with over 50% of the population, including not only traditional welfare recipients but also government employees and defense contractors, now being net beneficiaries of government spending. This built-in constituency, he warns, will inevitably vote for policies financed by perpetual inflation.
“The U.S. has already crossed the Rubicon. There’s no going back,” he concludes. The ultimate outcome, if this trajectory continues, is a future where the rallying cry of “fight for $15” for minimum wage, inevitably becomes “fight for $50” and then “fight for $100,” as the currency’s value plummets.
For those seeking a way out, Giambruno points away from government solutions and toward personal preparation. He suggests that understanding this established and accelerating trend is the key to protecting oneself.
“When that break finally comes,” he warns, “those who understand what’s happening and prepare accordingly will be in a vastly different position than those who don’t” – positioning his own advisory report as a crucial guide for navigating the coming crisis.
Watch this edition of “The Morgan Report” about the recent inflation concerns.
This video is from The Morgan Report channel on Brighteon.com.
Sources include:
InternationalMan.com
MSN.com
BrightU.ai
Brighteon.com
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