224 I don't think people spend enough time thinking about how much $1 trillion is. Government is totally out of control with spending and unless the people start to show they care, this irresponsible spending will continue posted 14 days ago by party12 14 days ago by party12 +224 / -0 The most egregious may well be the $1.9 trillion Covid Relief Bill where under 10% went to Covid Relief. Congress appears to be building up slush funds. 26 comments share 26 comments share save hide report block hide child comments Comments (26) sorted by: top new old worst You're viewing a single comment thread. View all comments, or full comment thread. ▲ 4 ▼ – PieceOfParchment7 4 points 14 days ago +4 / -0 If you have no money how are you spending? There isn't any money. The federal government owes trillions. It's all a show. permalink save report block reply ▲ 2 ▼ – party12 [S] 2 points 14 days ago +2 / -0 The money is real, but debt is not because they keep printing and devaluing the dollar. The worst is that as they print, the wealthy become more wealthy (money is far more readily available to the wealthy) permalink parent save report block reply ▲ -1 ▼ – PieceOfParchment7 -1 points 14 days ago +1 / -2 Devalue? What do you think gives the US dollar value? permalink parent save report block reply ▲ 2 ▼ – party12 [S] 2 points 14 days ago +2 / -0 The world still trades on the US dollar but there are those calling for a decoupling from the US dollar. Brings things into perspective. permalink parent save report block reply ▲ -1 ▼ – PieceOfParchment7 -1 points 13 days ago +1 / -2 Ok, but I asked where does the value come from. Nice Strawman. permalink parent save report block reply ▲ 2 ▼ – hectorspector 2 points 14 days ago +2 / -0 The federal government PRINTED trillions. Why? No one but the Fed would "lend" them that much. It's a shit show that won't end well. permalink parent save report block reply ▲ 2 ▼ – party12 [S] 2 points 14 days ago +2 / -0 We should actually go back to the gold reserve. permalink parent save report block reply ▲ 1 ▼ – PieceOfParchment7 1 point 14 days ago +2 / -1 Money is the mark of the beast. permalink parent save report block reply
If you have no money how are you spending?
There isn't any money.
The federal government owes trillions.
It's all a show.
The money is real, but debt is not because they keep printing and devaluing the dollar.
The worst is that as they print, the wealthy become more wealthy (money is far more readily available to the wealthy)
Devalue?
What do you think gives the US dollar value?
The world still trades on the US dollar but there are those calling for a decoupling from the US dollar.
Brings things into perspective.
Ok, but I asked where does the value come from.
Nice Strawman.
The federal government PRINTED trillions. Why? No one but the Fed would "lend" them that much. It's a shit show that won't end well.
We should actually go back to the gold reserve.
Money is the mark of the beast.