Posted on 09/11/2021 12:46:56 PM PDT by Oatka
“We are not broke as a nation.
We are not bankrupt.
We can’t go bankrupt.
We absolutely cannot go bankrupt because we have the power to create as much money as we need to spend to serve the American people,”
This is the intelligence level we have in Congress today.
The USA is toast with this guy in charge.
He must have one of them BU Economics degrees.
Keynes, Malthus .... names that this congressman didn’t learn about in school.
we are already broke
we are already bankrupt
we just have not had china call the note yet.
Apparently increasing revenue and decreasing spending never occurred to the congressman.
they set up derivatives on every home which they recently
acquired.
and on the citizens, Malta, Italy, Spain,
MI6 already have made derivatives - and they control SCOTUS
tighter than an Afghani controls his 7 year old wife.
derivatives of 100s of billions of trillions of dollars.
it is special club with no rules, no Laws;
and you Americans, outside of DC, are not in it.
Idiocracy was not supposed to be a government handbook!
Keynesians: spend in bad times, cut spending in good times.
Keystone Keynesians: bad times require more spending, good times are an opportunity to spend more.
Post Modern Democrats: spending as a form of economic masturbation.
The problem with most politicians today, especially commie Leftist DEMs, is they utterly fail at history. Keep printing that money and see what happens, YarmuthIdiot.........!
Sorry left Friedman off.
We can still go full Zimbabwe—kill all the white people and wildly inflate the currency.
That is the Democratic Party program these days...
Look at the intelligence level on Free Republic.
Here we've got you posting a few lines from somebody's Tweet.
Even worse you've classed it as "News".
You are the problem.
nothing changes till the cash flow stops.....................
Guess we can immediately end federal taxation, since they can create all they need!
He’s been meeting with AOC; these are not your Grandpa’s Dems.
Sure. Free money. Why not? Why doesn’t every nation just print more money and no one would be poor, right?
Rep. John Yarmuth (D-KY) Chairman of the Budget Committee.
Another dumb Democrat Marxist/Leftist with HHUHA.
> these are not your Grandpa’s Dems. <
Right! Too many Democrats still see their party as the party of the working man. Well, that hasn’t been true for at least 20 years. Today’s Democrat party is run by socialists who are just itching to go full commie.
Even the least educated know that keeping interest rates at near zero and printing money as fast a they can makes money worthless. It’s reported that as of August we are at almost 9% inflation year over year. It’s even higher for food and fuel. And it’s climbing higher every month since biden was sworn in. If this does not stop, the dollar will collapse in very short order. If thing things are bad now, wait until that happens.
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