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I saw one rube on that site pre-Election. Talking about how he was going to vote Biden because Biden was going to forgive student debt. People got so used to President Trump, they fooled themselves in to believing campaign promises would be honored by people other than Trump.
Honestly, it will probably pass... don’t forget, the bill actually passed in the Democrat controlled house... and was blocked by then majority leader McConnell... dems don’t care about fiscal irresponsibility, neither did trump to a degree.
Trump was confident the economy under him could grow to pay off the debt. He surprised all the Fed "experts". With Biden and the plandemic that will not happen but they'll keep spending.
This is true... under trump the federal reserve actually had to actually raise interest rates due to an overwhelming booming economy, 3.5% unemployment at its height... this is unheard and unseen of in fed reserve history... only had to raise interest rates In the past because of jimmy carter opec stagflation
Trump opened my eyes when he said 'fuck it, go with the the bigger stimulus, it all ends up coming back to us anyway'', or something to that effect. It got me thinking about all the taxes we pay, over and over and over on the money that we get receive after income taxes are deducted, and it reminded me of a poker analogy.
If you're playing in a raked game, like at a casino, it doesn't matter how much money you have or how good you are....you could start with a $2 million dollar stack at $1-2 NL table...if the game gets played forever and no new players buy in and no one reloads when they get stacked, eventually, the casino is going to have all the money and the players will have nothing. The total money in play is reduced by $3 every hand, and they will have it all eventually. I think our tax system basically functions the same way.
Trump used to bitch about the trade deficit before he got elected, but there was a legit economist that proved many years ago that any country that serves as the world's reserve currency, as the USD currently does, then it basically has to run trade deficits every year in order to meet the global demand for dollars. It's the primary mechanism by which foreign countries get the dollars they seek. To this day, I've never seen his work debunked by any legit economic analysis.
In a way, China is fucking us by devaluing the yuan against the dollar, and it makes it harder for us to sell stuff to them and easier for us to buy their stuff. That does hurt our exports...but in the end, they have to take those dollars and keep investing them in USD denominated assets, or it will just get inflated way. So they buy Treasuries and REITS and shit...so from that perspective, you could argue that it's really us that's fucking them, because we keep printing dollars and give them to China for actual goods, and then they buy more treasuries, and on and on it goes.
It's not quite as simple as that, as I know that China has a lot of USD denominated debt that it has to repay, and Trumps trade war was really putting a lot of pressure on China internally to come up with enough dollars to pay the interest on their US denominated debt. They've been having trouble coming up with the dollars they need, and their banking system is levered fucking crazy as fuck, like 40 times what the US system is levered. Trump's trade war was really hurting them, and it sucks that Biden (if sworn in) will remove all the pressure we're currently putting on them and let them start really thriving again.
Trump could've forced them into a currency crisis if allowed to continue his trade war, and potentially the CCP would've been overthrown and collapsed. But since he's the only politician that cares about preserving the US as the world's premier superpower, and keeping China from overtaking us economically, there's no one else that cares about our national interest and security if Trump is removed. And that makes the ascension of China into the world's #1 superpower inevitable. Just a question of when, not if.
Maybe Trump knows (as many do) that we are already past the point of no return for the US dollar. We are in a debt trap as a nation and planet and there really is no conventional way out at this point.
If you have any dollars saved, start putting them into assets that will rise as the currency is inflated more and more. Gold, silver, bitcoin, real estate, etc.
Hey wait...isn’t that buying votes??? And a felony...
No, promising people 2000K for a vote is okay for a democrat silly. The president telling people to march peacefully is insurrection, because orange.
Haha, I know it's a mistake but if Joe 30330 gave me 2 million to vote for him, he would have made his argument and received my vote. kek
It's 2K
normally but sadly judges, every single one are terrorists and anti american
Wow the uniparty lies? who woulda thunk!
Not going to happen, don't drink the KOOL AID
waaaaaay too late to tell them that
The 2000 will come after he meets with BLM as promised for 2 months...
I saw one rube on that site pre-Election. Talking about how he was going to vote Biden because Biden was going to forgive student debt. People got so used to President Trump, they fooled themselves in to believing campaign promises would be honored by people other than Trump.
Doesn’t really matter- printing money like this will only cause inflation- making the $2000 worth less. Spend it while you can.
You'd think they'd learn their lesson about false promises after a century.
Honestly, it will probably pass... don’t forget, the bill actually passed in the Democrat controlled house... and was blocked by then majority leader McConnell... dems don’t care about fiscal irresponsibility, neither did trump to a degree.
Trump was confident the economy under him could grow to pay off the debt. He surprised all the Fed "experts". With Biden and the plandemic that will not happen but they'll keep spending.
This is true... under trump the federal reserve actually had to actually raise interest rates due to an overwhelming booming economy, 3.5% unemployment at its height... this is unheard and unseen of in fed reserve history... only had to raise interest rates In the past because of jimmy carter opec stagflation
Trump opened my eyes when he said 'fuck it, go with the the bigger stimulus, it all ends up coming back to us anyway'', or something to that effect. It got me thinking about all the taxes we pay, over and over and over on the money that we get receive after income taxes are deducted, and it reminded me of a poker analogy.
If you're playing in a raked game, like at a casino, it doesn't matter how much money you have or how good you are....you could start with a $2 million dollar stack at $1-2 NL table...if the game gets played forever and no new players buy in and no one reloads when they get stacked, eventually, the casino is going to have all the money and the players will have nothing. The total money in play is reduced by $3 every hand, and they will have it all eventually. I think our tax system basically functions the same way.
Trump used to bitch about the trade deficit before he got elected, but there was a legit economist that proved many years ago that any country that serves as the world's reserve currency, as the USD currently does, then it basically has to run trade deficits every year in order to meet the global demand for dollars. It's the primary mechanism by which foreign countries get the dollars they seek. To this day, I've never seen his work debunked by any legit economic analysis.
In a way, China is fucking us by devaluing the yuan against the dollar, and it makes it harder for us to sell stuff to them and easier for us to buy their stuff. That does hurt our exports...but in the end, they have to take those dollars and keep investing them in USD denominated assets, or it will just get inflated way. So they buy Treasuries and REITS and shit...so from that perspective, you could argue that it's really us that's fucking them, because we keep printing dollars and give them to China for actual goods, and then they buy more treasuries, and on and on it goes.
It's not quite as simple as that, as I know that China has a lot of USD denominated debt that it has to repay, and Trumps trade war was really putting a lot of pressure on China internally to come up with enough dollars to pay the interest on their US denominated debt. They've been having trouble coming up with the dollars they need, and their banking system is levered fucking crazy as fuck, like 40 times what the US system is levered. Trump's trade war was really hurting them, and it sucks that Biden (if sworn in) will remove all the pressure we're currently putting on them and let them start really thriving again.
Trump could've forced them into a currency crisis if allowed to continue his trade war, and potentially the CCP would've been overthrown and collapsed. But since he's the only politician that cares about preserving the US as the world's premier superpower, and keeping China from overtaking us economically, there's no one else that cares about our national interest and security if Trump is removed. And that makes the ascension of China into the world's #1 superpower inevitable. Just a question of when, not if.
Maybe Trump knows (as many do) that we are already past the point of no return for the US dollar. We are in a debt trap as a nation and planet and there really is no conventional way out at this point.
If you have any dollars saved, start putting them into assets that will rise as the currency is inflated more and more. Gold, silver, bitcoin, real estate, etc.
Well, they didn't win. They blatantly stole GA, so as they didn't win they don't even to even pretend that promise existed.
Ha! Senator Joe Manchin says no. https://twitter.com/JStein_WaPo/status/1347597564149903360
We've been trying to wake the left up for years. They're worse than Rip Van Winkle.
This is disgusting