By Andrew Mackinnon
Last updated: 16th August, 2024
This is what happens in the United States of America (USA) when the size of the population of the USA increases as a result of the United States federal government allowing non-white immigration into the USA:
> Demand for renting residential property (i.e. houses and apartments) increases, thereby causing rents for residential property to increase.
> The supply of labor increases as non-white immigrants into the USA seek work in order to support themselves, thereby causing salaries and wages to stagnate.
> More people living in the USA use public transport more, thereby causing congestion on trains and buses to increase.
> Demand for goods (including food), services and assets in general increases.
Non-white immigrants borrow from the banks in the USA in order to increase their purchasing power, thereby causing the size of the money supply in the USA to increase, since banks in the USA create money out of nothing when they lend.
Source:
This increase in demand for goods, services and assets in general and increase in the size of the money supply in the USA both cause inflation of the prices of goods, services and assets in general.
Non-white immigration into the USA is therefore inflationary.
> More people living in the USA drive more motor vehicles, thereby causing traffic congestion to increase.
> Demand for purchasing residential property (i.e. houses and apartments) increases, thereby causing prices of residential property (i.e. house prices and apartment prices) to increase as non-white immigrants borrow money from the banks in the form of mortgages in order to finance their purchases of residential property.
> More people living in the USA borrow more money from the banks and pay more interest to the banks on their loans, thereby causing bank profits to increase.
> The Federal Reserve directs the banks to increase interest rates (which unnecessarily includes interest rates on existing loans) in order to discourage United States citizens, (non-citizens of the United States,) United States businesses and United States entities (e.g. not-for-profit entities) from borrowing (when the Federal Reserve could simply direct the banks to lend borrowers less money as lower multiples of their respective incomes, profits and operating surpluses), in order to reduce the size of the money supply in the USA and thereby reduce inflation of rents for residential property, goods (including food), services, assets in general and residential property, since money is destroyed when United States citizens, (non-citizens of the United States,) United States businesses and United States entities repay principal they owe to the banks in the USA.
As a result of the Federal Reserve directing the banks to increase interest rates, borrowers in the USA from the banks pay even more interest to the banks on their loans, thereby causing bank profits to increase even more.
By now, it is abundantly obvious that the purpose of non-white immigration into the United States of America is to cause rents for residential property (i.e. houses and apartments) to increase, salaries and wages to stagnate, the prices of goods (including food), services and assets in general to increase, the prices of residential property (i.e. house prices and apartment prices) to increase and the interest rates charged by the banks on loans to increase, so that white United States citizens have less income from their suppressed salaries and wages with which to pay for more expensive rents for residential property, goods, services, assets in general, residential property and interest on loans, thereby causing financial hardship for white United States citizens and diminishing their quality of life.