Taxes over the laffer limit means you can have your cake and eat it at the same time, less taxes with higher total revenues. Regan/Bush/Trump have all done it
That also means your savings are evaporated into nothing. Responsible people who carry no debt and pay their bills on time are the ones who get shafted. You really want to give government that much economic power over you?
I strongly suggest you read more about founding fathers like Thomas Jefferson to get where I am coming from here.
The dollar is only the default currency because the military industrial complex will bomb or start revolutions in countries that oppose the fiat dollar hegemony.
Return to the gold standard and keep the spending by politicians in check!
Nah, sorry. This is stupid. Our current economy could not be maintained with the gold standard and we would dramatically reduce the rate of innovation. If you like the gold standard, just keep your savings in gold.
Yes, that's right our "economy" is a joke. Going back to a gold standard would introduce a shock in the economy that would kill malinvestments such as Tesla motors, a company that wouldn't have been able to get off of the ground without government subsidies.
Our economy since 1913 (when the Federal Reserve Act was passed) is designed for wealthy insiders (big bankers, corporate socialists like the Koch Bros etc.) to profit off of the newly printed money first. People like you or I see those dollars last once inflation is built-in.
Just read "End the Fed" by Ron Paul and he can explain the arguments a hell of a lot better than I can. You cannot escape basic economics. If you don't have the money to afford something, printing more money WILL NOT MAKE YOU RICHER. Think, bro.
Even if you hold your savings in gold, you're still required to pay your taxes in fiat dollars. Just because you buy gold doesn't mean you escape our ponzi economic system.
We're over $20 trillion in debt and running annual deficits of nearly $1 trillion/year!
THERE. IS. NO. MONEY. LEFT...
Taxes over the laffer limit means you can have your cake and eat it at the same time, less taxes with higher total revenues. Regan/Bush/Trump have all done it
Still doesn't make it right. We're gonna pay the piper sooner or later...
Government debt can be inflated into nothingness. It follows its own logic, to some degree a logic which no one understands
That also means your savings are evaporated into nothing. Responsible people who carry no debt and pay their bills on time are the ones who get shafted. You really want to give government that much economic power over you?
I strongly suggest you read more about founding fathers like Thomas Jefferson to get where I am coming from here.
Read about the Austrian School of Economics that Ron Paul is a big fan of. He discusses it in his book "End the Fed". Zero hedge believes in it too.
It explains why we have stock market bubbles.
We're gonna inflate the debt away, and so long as dollar is default currency ain't no one gonna question it
Inflation is just stealing from everyone with retirement investments.
No... lol Inflation inflates equities and assets too...
Inflation is not a good thing. That’s how you get Weimar republics.
More guns bought in 5 years than the entire military force in the world combined
The dollar is only the default currency because the military industrial complex will bomb or start revolutions in countries that oppose the fiat dollar hegemony.
Return to the gold standard and keep the spending by politicians in check!
Nah, sorry. This is stupid. Our current economy could not be maintained with the gold standard and we would dramatically reduce the rate of innovation. If you like the gold standard, just keep your savings in gold.
Yes, that's right our "economy" is a joke. Going back to a gold standard would introduce a shock in the economy that would kill malinvestments such as Tesla motors, a company that wouldn't have been able to get off of the ground without government subsidies.
Our economy since 1913 (when the Federal Reserve Act was passed) is designed for wealthy insiders (big bankers, corporate socialists like the Koch Bros etc.) to profit off of the newly printed money first. People like you or I see those dollars last once inflation is built-in.
Just read "End the Fed" by Ron Paul and he can explain the arguments a hell of a lot better than I can. You cannot escape basic economics. If you don't have the money to afford something, printing more money WILL NOT MAKE YOU RICHER. Think, bro.
Even if you hold your savings in gold, you're still required to pay your taxes in fiat dollars. Just because you buy gold doesn't mean you escape our ponzi economic system.