They canceled Tucker, now they’re coming for us… but you can fight back. Cancel Fox Nation and instead click here to subscribe to Revolver. Or give the gift of Revolver—simply select the annual subscription and select “This is a gift” on the next page. If you want to give extra during this critical time, you can make a one-time or recurring monthly donation — whether it’s $1 or $1,000, every bit goes towards the battle to save our great nation.

Many Americans are really struggling in Joe Biden’s economy due to the high inflation rate. But inflation is more than just paying a bit more for everyday things or seeing your bills go up. It’s actually a weapon used to crush the middle class, who often make things difficult for globalist elites in politics and governance.

So, how does inflation actually wipe out the middle class? It can be a complex process, but filmmaker Mike Cernovich simplified it in a tweet, pointing out one significant way the middle class is devastated by inflation.

And by the way, who’s old enough to remember this?

Mike’s example provides a basic illustration of how inflation gradually erodes the middle class, but it’s important to note that there are additional factors at play. There is a great article from Data Driven Investor that delves into the details and impact of inflation, highlighting how it not only dismantles the middle class but also makes the rich even richer.

Data Driver Investor:

They call it taxation without representation. Inflation is largely a monetary phenomenon. It’s a direct result of the increase in the money supply. However, it does not affect all of us equally.

Some benefit from it, they call this the Cantillion Effect. If new money is printed, whoever gets to spend it first when it comes into circulation gets the most out of it. This usually happens to be the rich. As it goes around, it continues to lose its value.

The rich invest in assets that rise faster than inflation or at least that inflate at the same rate as the money supply. They put their money in the stock market, which is a leading indicator of the economy in general and inflation in particular. They buy up houses in prime areas. House prices rise up faster to match inflation. That’s why they say property shields you from inflation.

Because of the Cantillion Effect, the rich actually get richer in a moderately inflationary environment. They only worry about hyperinflation. They get the mulla first and spend it on whatever hard assets they desire. They slowly and gradually eat the pie that belongs to the middle class.

Meanwhile, the poor have nowhere else to go so they stay where they are, for the most part.

The poor have nothing to invest in. They have no savings. They live hand to mouth. What earned is spent in the same month or the same day, which is especially true for casual labor. They don’t get to watch their money lose value because they have no money.

Inflation does not really drive poor people deeper below the lower bound. At the lower bound, they cannot sink any lower. That’s it. No matter how much you inflate the currency, those at the bottom remain at the bottom.

So, the rich get richer and the poor continue on as they are, all that’s left is the middle-class. What happens to them?

The middle class gets destroyed. Slowly, one family after another. Hyperinflation makes it happen so fast but moderate inflation is the real killer because people don’t notice it. At a rate of 2% per year, inflation eats the middle class slowly. It’s too small to complain about, but after a while, people just wonder why they are working harder but not winning.

The bifurcation of society is the end result. As the middle class gets crushed down to join the poor, the richer remain at the top. Society becomes two extremes characterized by a small class of ultra-wealthy elite and the rest of society that is poor. It becomes dystopian.

The illusion that we can somehow work our way out of this mess is what keeps this evil system running. If that illusion was stripped away, we’d all see that no matter how hard we grind, the system is designed to keep up down.

Maintaining high hopes in an event that has a 5% chance of being successful is equivalent to delusion. But because there are still those 5 lucky persons that will make it, the 95 keep on feeding themselves with higher and higher doses of delusion, endeavoring to sneak into the five.

Delusion is what keeps the system going. Without it, the system will disintegrate. The poor will eat the rich.

If we stop deluding, we stop grinding and demand change.

We really need to stop fooling ourselves with this idea that we can somehow break free from the never-ending work grind in a system that’s designed to destroy us over time. We must demand changes and policies that put the middle class first. If we don’t, we’ll end up wiping out the middle class altogether, leaving behind a huge gap between the rich and the poor. And once that happens, it’s over.

SUPPORT REVOLVER— DONATE — SUBSCRIBE

NEWSFEED — GAB — GETTR — TRUTH SOCIAL — TWITTER