Biden signs Inflation Reduction Act into law | WNT

by | Sep 4, 2022 | Inflation Hedge | 39 comments

Biden signs Inflation Reduction Act into law | WNT




President Joe Biden signed into law the Inflation Reduction Act, which is the largest investment in addressing climate change in U.S. history. The bill also lowers the cost of some prescription drugs.

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39 Comments

  1. Boxedclock

    Biden intends to cure the inflation caused by too much government spending with more government spending. Than, just in case our recession isn't deepening fast enough, he wants to raise taxes on businesses and hire 87,000 new IRS agents. You want socialism? You got it.

  2. EDIT MAN

    Buying elections masking the real problems: President Biden aka "How Dementia Destroyed the United States". Biden cannot represent America as number 1 in the world. He does not impress both enemy and cooperation partners. The debilitating process of dementia – or otherwise age-related brain diseases – manifests itself in both cognitive performance and physical motor skills. Biden should retire and enjoy the rest of his years with his family and friends. The man is politically a relic of a distant past and just a puppet on a string. He even 'bludges' on a teleprompter and shakes hands with 'air' all over the world. This is going the wrong way.

  3. Mitchel

    This Bill does the exact opposite of what is called, thanks to sleepy Joe's policies we have x2 gas and grocery prices, your 9.6% inflation and drop in annual real wages. My condolences to anyone like myself retiring this year. 30years of nonstop work just to have a crooked system swallow all your earnings.

  4. Had Pretty

    Democrats caused inflation

  5. Jhonathan T. Wahngore

    ! WHAT CRISIS ? IT IS THE TIME WHEN THE PEOPLE LEAD THEIR OWN COUNTRIES, NOT THE BILLIONAIRES ! ! ! !

    ! THE CITIZENS WITH THEIR SONS (SOLDIERS) MUST HAVE TO TAKE THE LEAD, WE DON'T NEED MORE RECESSIONS JUST TO BE ENOUGH DIAMONDS ! THEY ARE RING, AND ENOUGH LUXURY CLOTHS, AND LUXURY FOOD ON THEY ARE GOLD TABLES ! ! ! ! ! ! ! ! ! ! ! !

    ! THE TIMES OF CROOKS IN TIES IS OVER ! ! ! ! ! ! ! ! ! ! !

  6. Jhonathan T. Wahngore

    ! WHAT CRISIS ? IT IS THE TIME WHEN THE PEOPLE LEAD THEIR OWN COUNTRIES, NOT THE BILLIONAIRES ! ! ! !

    ! THE CITIZENS WITH THEIR SONS (SOLDIERS) MUST HAVE TO TAKE THE LEAD, WE DON'T NEED MORE RECESSIONS JUST TO BE ENOUGH DIAMONDS ! THEY ARE RING, AND ENOUGH LUXURY CLOTHS, AND LUXURY FOOD ON THEY ARE GOLD TABLES ! ! ! ! ! ! ! ! ! ! ! !

    ! THE TIMES OF CROOKS IN TIES IS OVER ! ! ! ! ! ! ! ! ! ! !

  7. Nicky PooPoo

    “Inflation is caused when the money supply in an economy grows at faster rate than the economy’s ability to produce goods and services.” – St. Louis Federal Reserve. We shut many parts of the economy and gave people bags of cash. Too many dollars chasing too few goods = inflation. “If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around them will deprive the people of all property until their children wake up homeless on the continent their Fathers conquered…. I believe that banking institutions are more dangerous to our liberties than standing armies….” -Thomas Jefferson

  8. The Explorer

    You don't just write it down and then the economy come back to positive, I wish it was that easy. Its going to be more debt and deep recession in America.

  9. MASTER

    ¿POR QUE SIGUEN LOS CENSORES IMPUNES SIN AHORCAR?.

  10. MASTER

    HAY TREMENDA CENSURA NAZI OTRO GENOCIDIO COVID.

  11. MUNKEY

    Increasing taxes on corporations won’t reduce inflation. Even if all corporations payed all their wealth to paying off the national debt it wouldn’t even be a quarter of the national debt. The only way is to STOP PRINTING MONEY, cut out unnecessary programs, increase interest rates, and use all remaining money to pay off the debt. That’s assuming politicians won’t be putting that money in their pockets, which democrats would probably do.

  12. JT N

    Yeah great! Demonrats only spend money we don't have! Under Bidumb has spent over $3 Trillion already. This adds to the current $30 Trillion debt.

  13. DeiselPrime@69

    You could also utilize the addendum economic stimulus in the form of where gross domestic product index where you see. When buying things at store 25percent more for the same retail price or close to. So when people need their dollar to stretch further,,,. It keeps stabilization factors in place…

    Madam Pelosi watch this….

    You people are aware that the Eisenhower act passed in the mid fifties,. Also applies to information highway which means Mr Gates is in the wrong where when a screen is garbled with junk…

    Well the Eisenhower act covers that all across the board just needs an update..
    So since the Eisenhower act was because of Mrs Eisenhower. And the why's along with it……

    Put that in your freebe gates

  14. Yanni P

    If you don't have EV, no solar panels on your roof and not a sick retiree on prescription medication, what do you benefit from the Inflation Reduction Act? Just want to be sure I understand the IRA.

  15. Quan Tum

    So workers gunna work harder

  16. Tracie Bell

    WHAT HAVE THEY DONE FOR OUR SENIORS THEY WILL NEED THEIR VOTES IN 82 DAYS

  17. Triton h

    Why is Biden speaking like our communist party in china? Fking scary. We are here for the people. lolol fking lies.

  18. Triton h

    victor for whom? not for the people thats for sure.

  19. GOD FIRST

    BIDEN INFLATION INEPT PRESIDENT

    Federal Reserve officials saw "little evidence" late last month that U.S. inflation pressures were easing, and steeled themselves to force the economy to slow down to control an ongoing surge in prices, according to the minutes of their July 26-27 policy meeting.

  20. Ryan Jenson

    Inflation Acceleration Act

  21. Blue Cyclone

    So BIDEN, says inflation is 0%; how come my food bill is twice what it was before he was elected.

    Never underestimate Biden’s ability to F things up!!!

  22. Jennifer Lescan

    Biden you tried to use Russias tactics and make it look like you killed a Taliban leader. Russia made allies with Isis RIGHT AWAY you made war. No time for peace talks. You can not take an American soldier in Syria who has a pretend wife in Canada pretend he’s a king use his twin 5 year old son and daughter who are from Turkey for advise and morality and pretend a war that had been going on hundreds and hundreds of years is over and you cured the world there’s nothing wrong and you are the only one who knows how to do it right. You are a dumb man and need to be taken out of the public eye and have no more access to women and children. I know how you interfere and steal power and credit because you think you can copy Putin and just keep rich intimidating people around and everything should be “fine” that’s a very negative acronym if people only knew. You are not a lover you are a h8er you are an angry man and are not allowed to take it out on any young or old man of any race. Your country was built on war you ruin it with more with war unless you sit down and be humble meaning get out of public affairs. If love is the prize you are doing for all wrong you lying identity thieving brainwashing mean leader and your followers too

  23. MASTER

    TVE VIOLA SISTEMATICAMENTE.
    EL DERECHO A CONOCER LA VERDAD.
    PUES SIEMPRE MIENTE DENUNCIADA.
    FIN.

  24. Pat

    Politicalized Liberal Govt. Corruption ! Clueless , Biden ! If Old, Senile, Joe Biden Is Moving His Lips ,….. He's……. LYING ! Let's Go Brandon ! Just Pathetic ! Biden Is A Lying , Corrupt, SENILE , Liberal Controlled Puppet ! A Complete EMBARRASSMENT For Americans , And Is Joke Of A Leader Of The Free World ! No One , No One Respects Biden And The Liberal Controlled Media Desperately Covering For Biden's Mistakes And His Liberal Agenda Hurting And Destroying Our America ! Biden And His Liberal Controllers Have NO CLUE Of The Damage They Have Done ! Out Of Control Border Illegal Immigration, Gender, Racial Divide , Identity Policies , Staggering Inflation/Gas Prices Are All BIDEN'S FAILURES ! Biden's So-Called 80+ Mil. Votes ? Who Really Believes That ? …… Come On Man !

  25. Cowboy Ken

    Great know middle class gets higher taxes attaboy Joe

  26. Cowboy Ken

    Ya the more dumb dumb spends the worst it will get now it's going to be depression attaboy Joe let's go Brandon let's go newsom

  27. DCHF

    MANCHIN IS A CHANNEY TURNCOAT you idiots just don't get it Its not going to happen Every one who voted for this are part of the permanent power grab WAIT you keep voting with these leaches til its all gone that's there plan a little here alittle there then you'll rell yourselves why didn't we listen they are going to own you

  28. DCHF

    The biggest lie promises now then switch with an lying explanation it just didn't work out

  29. Richard Perkins

    This is an amazing video and i enjoyed every bit of it. And i'm also excited to share my investment experience so far this year. I believe it will help a lot of people here who are confused on how to startup theirs and be productive for the year.

  30. mark price

    Remember, this insane Bloated Back Better bill started out around $6 trillion, so thanks to Joe Manchin it was less than $1 trillion.

  31. T Moore

    Great job Joe Biden lol i wonder why donald trump lol didn't think of this. Hmmmmmm now there's a interesting question. I guess that is why he is now our president. I agree no one is above the law and everyone should pay taxes. Welcome to america baby!

  32. Chris Mcquarters

    There is no inflation. Inflation is transitory. Inflation will be gone soon. We need a bill to lower inflation!! This administration lies alot! But the media backs them up. Best of all bill has nothing to do with easing Inflation. You're sunk Joe!!

  33. EdmacZ

    Remember this a month from now when Biden tries to shy away from this utter disaster of a bill as he tries to blame Republicans for the economic shitstorm.

  34. CINDY FINDEIS

    Someone needs. To buy them all a Minopoly Game, beings they like playing
    Games with us All. GET THE PIPELINES
    OPEN AND GET OF YOUR ELECTRONIC
    CARS. CLOSE THE BORDERS AND GET
    RID OF THE OVERLOAD OF PEOPLE
    COMING OVER THE BORDER.

  35. Joanna HS

    He doesn't even know what he's signing. He thinks he's signing his autograph

  36. The Mama Bear Life

    He is so proud of himself for this, but it's horrible! He gave a bunch of money to IRS so they can hire more people to do even MORE audits, wants people to buy a bunch of big ticket items when we are all suffering from the inflation he caused! Higher food, higher gas, higher priced EVERYTHING! It does NOT reduce the inflation he caused. This man is infuriating!

  37. raymond sutton

    Really explain to me how taxing corporations which will pass the bill to the consumer help the little guy survive and how is spending more money going to reduce inflation? Just questions to think about

  38. Tibore Goldberger

    All this money will all lined up in corporate America and then salaries are corporate executives if some crackhead out there things that people who are social security disability have any money to buy anything after they lost all their income in the last 2 years or people on food stamps or people who are receiving disability who lost everything and cannot eat in America we don't have money for food gasoline clothing and shelter who's going to receive $1 out of this crackheads they're probably received three crack cocaine that's where the money is going to go to the comment on the Democratic party the contractors and subcontractors

  39. xxnike629xx

    How about this? Tax the wealthy and super wealthy more and reduce taxes on everyday working Americans and small businesses?

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