Can use those sheets for wallpaper.
Posted on 02/16/2024 8:18:26 AM PST by SeekAndFind
That’s because the US can print money & inject it into the economy in large part due to the dollar being the world’s reserve currency. That masks the impacts, but the piper will come to collect at some point in time. That time will be when the world accepts a different form of payment, besides US dollars. It’s only a matter of when, not if. But the when keeps inching closer & closer because they spending is not being brought under control. Just like the invasion is not being controlled.
Can use those sheets for wallpaper.
It would seem that regardless of the tireless energy of the evil Obama-Biden axis they just can’t quite kill us off! Hooray for President Trump and his arrival next year! We only hope and pray that he will choose the VP wisely.
$2 Trillion deficits in 2024 are a great stimulus - at least for government recipients, their cronies and social engineers to whom the money flows.
That’s 8% of GDP.
> the United States keeps chugging along <
Better to say that the government’s data fakers keep chugging along. Don’t believe your higher grocery and utility bills. Believe what some weasel at the Fed says.
I like how they “stumble into recession”, rather than “whip the four horses of climate-change into recession”. Like Joe stumbles about.
I think people would take the debt more seriously if they hadn’t started hearing we’re going down and in Deep trouble from about the 5 trillion mark until today. When you hear that and then nothing happens, it becomes noise.
Nope the us is just cooking the books. The real state of the economy will come out after the Democrat loses. Or it will continue to cook if the rat wins
“when, not if”
ya .... but what a ride!
praise the Lord and pass the ama-nishion
I can’t post pics... so just imagine the guy riding the nuke
in Dr strange love.... YAAA-HOOOOO
Printing press goes BBBRRRRRRRRRRRR....
The GDP equation is —
GDP = C(onsumption) + G (overnment Spending) + I(nvestment) + (Exports - Imports)
GDP is about $24T. Fully $6T of that is Federal spending (spending is much greater than deficit) and you can add more for State and Local government spending.
Further, somehow, Soc Sec payments to recipients is called part of Consumption
Investment is decreased by taxes.
There is a conservative habit of imagining the Capitalism is glorious and the source of all good things. But look at the equation and the totals.
GDP increase ($$ not %) in nearly all of the years since 2000 has been less than the deficit.
Capitalism has failed. Government spending, often funded by whimsically created Fed dollars, is the source of our GDP.
And no, it is not because of Reserve Currency. That actually is a meaningless phrase. It is all because of whimsy. The MMT people are dangerously close to correct.
Bibonomics???
It’s all propaganda and fake expansion fueled by monetary expansion. We exported bad policy in 1981 and now our trade partners are importing our inflation.
The Biden circus is juggling too many cartons of fresh crap which will soon hit the ground.
It ain’t gonna end well.
House of cards
Roman Empire Part Deux
Greed is the problem. Most Americans were happy to have a home, a job, & a family that they could enjoy on a salary. But eventually people wanted more. There is no system that can sustain that, especially as populations grow.
They didn't want to have to do what it takes to generate wealth, they wanted an easier route.
Thus, games were played to increase the wealth of people, basically by taking the currency off of the god standard, which allowed for the money supply to grow. That works for a while, but when a majority of the rest of the world begins to feel the pinch that the strongest country, in this case the US, isn't affected, then the world starts to realize that powerful nation's money is becoming more & more worthless and they collectively start looking for an alternative, because the powerful nation cannot survive for long on that course, because they will eventually implode, which will affect the other nations negatively as well.
What goes up must come down. The ride up is always more enjoyable than the ride down.
But how selfish we were to take the ride that out children will never enjoy.
Is it any wonder that we have generations that face so many mental issues, and why they hate their parents.
The liars in DC corrupted the CPI when BeijingBiden was installed. Critical economic indicators no longer include food or gas.
Capitalism didn’t fail; it was murdered.
Potemkin economy. And rising prices with stagnant wages are beginning to translate into real anger, even among the otherwise left-leaning people I know. They're telling me they'll sit this election out or vote third-party.
“Defying expectations”???
Hardly.
They control all aspects of the economy the nth degree, including public opinion (media).
The reality will be fast, painful and “unexpected” according to the government & media blowhards, while the rest of us have seen the signs for many, many months.
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