Honestly he is smarter than you on this topic. Gov spending is bad, yes you are correct, but debt levels are irrelevant as Trump knows. The “pay back the debt” people don’t realize that bridge was burned long ago. The amounts are far too large, only consistent inflation and reserve currency status can keep the circus going.
All of this spending is just printed money from the Federal Reserve, all of this inflation is just another form of regressive tax impacting our savings.
Our economy would be doing much better under a gold standard.
What if Trump is actually an economic accelerationist and he knows this system is untenable so he is trying to bring it down much faster than it would normally have taken?
In all seriousness, Pres Trump has been terrible for the debt. He's spent way too much, needs to be cut.
Honestly he is smarter than you on this topic. Gov spending is bad, yes you are correct, but debt levels are irrelevant as Trump knows. The “pay back the debt” people don’t realize that bridge was burned long ago. The amounts are far too large, only consistent inflation and reserve currency status can keep the circus going.
Debt is irrelevant? Seriously?
All of this spending is just printed money from the Federal Reserve, all of this inflation is just another form of regressive tax impacting our savings. Our economy would be doing much better under a gold standard.
What if Trump is actually an economic accelerationist and he knows this system is untenable so he is trying to bring it down much faster than it would normally have taken?