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And not a peep out of the party of “fiscal responsibility”.
Really says something about the Cons, doesn’t it.
And you all got stimulus cheques this time too, right?! Right…?
I’m still living off the last one. I couldn’t even imagine doubling such wealth.
We cut all those programs and jobs and the deficit still went up?
I wonder what happened to all that money they were saving by doing that?
Oh no, this train is not slowing down. It can’t. In fact, it has to speed up. At least, the currency debasement has to speed up.
Currency debasement is a great way to kill an empire. I wholeheartedly endorse it.
Let them eat cake
BuT rEpuBliCaNs R BetR Fur ThE ecONomY!
Good At Bizness
bIDeNs eCoNoMiE
Then if Dems get in power suddenly Republicans will care about spending again. Everyone knows how this song and dance goes.
He really needs to put something around his neck to cover up his neckitalia. It’s really disgusting
He was president during the pandemic
Wow, interest alone on the debt is now hitting $1trillion a year and expected to hit $14 trillion in 10 years!?
And this is despite Americans being taxed $350bn through trumps tarrifs.
Elon Musk is very quiet about this - wasn’t this why he went all in on DOGE?
He went for Doge to remove or incapacitate agencies inconveniencing his businesses, particularly SpaceX. The Doge Dumbasses wrecked everything else by vibe.
Trumpflation returns. Its the biggest, most beautiful type of inflation where rich people get richer and everyone else pays more.
When does Great Depression 2.0 start?
Been to the grocery store? I’d say it’s ramping up right on schedule.
last february?
Unstoppable debt spiral. Basically this, the more people come to realize it’s never being paid back, the faster it will grow, and the faster it grows, the more people realize it’s never being paid back. It doesn’t really mean anything at this point.
Even if that were true, you can’t escape the consequences
Is the U.S. at Risk of Hyperinflation?
There would need to be a significant and highly unlikely drop in production and a massive increase in circulating currency for hyperinflation to occur in the U.S.
You my think that paragraph on the us is encouraging, but consider today’s reality
- disruption caused by general tariffs government investments, and the government reneging on commitments is quite likely to cause a sudden drop in production. There is a lot of recession talk
- the current administration is trying to force the federal reserve to effectively print money, create a massive increase in circulating currency by cutting interest rates, total Y the opposite of what you need to do to control inflation
We can’t completely escape the consequences, but they can be mitigated. I don’t have a lot to lose. I don’t benefit from a 401k or social security. There’s a reason why investors are flocking to gold.
Something that needs to change is how real estate is seen as an investment. It has broken the quality of life increase in the US by gatekeeping real estate, drastically increasing cost of living, while building nothing new to preserve investment. When you make housing an investment, it becomes in your best interest to stop building more to reduce supply and preserve value.
