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Message

A $5,000 payment would not cause inflation

Posted on 2/24/25 at 7:49 am
Posted by texag7
College Station
Member since Apr 2014
39557 posts
Posted on 2/24/25 at 7:49 am
For the record I am against this payment.

But it would not cause iNfLaTiOn

Taking money that would’ve gone to tranny promotions, queer plays, opium irrigation and global fig studies….then giving it to the American people would not cause iNfLaTiOn.

IF this payment does happen, which as I’ve said I am against, only Trump voters should get it.

iNfLaTiOn is the go to response by every TDS infected lunatic on this site. Similar to 2016-2020 RuSsIaNs (also bullshite)

Posted by WHS
walker LA.
Member since Feb 2006
3302 posts
Posted on 2/24/25 at 7:50 am to
Its no different than a stimulus check and I wouldnt mind it.
Posted by SlowFlowPro
Simple Solutions to Complex Probs
Member since Jan 2004
450816 posts
Posted on 2/24/25 at 7:50 am to
quote:

Taking money that would’ve gone to tranny promotions, queer plays, opium irrigation and global fig studies….then giving it to the American people would not cause iNfLaTiOn.

That's not the proper comparison. This is improper framing.

The point of this $5k being available is that it's not supposed to go to any of those things you just listed. It's supposed to not be spent/go to the debt.

Compared to that scenario, it will cause inflation.
This post was edited on 2/24/25 at 7:51 am
Posted by dstone12
Texan
Member since Jan 2007
35295 posts
Posted on 2/24/25 at 7:50 am to
It’s basically a looooong over due tax return that should actually be about 30x that amount over the decades.


It won’t harm anything as long as it goes back tk the actual tax payers.
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
281843 posts
Posted on 2/24/25 at 7:51 am to
quote:


Its no different than a stimulus check and I wouldnt mind it.


Exactly what it is, and the OP is wrong as usual, a trillion dollars plopped on consumers lap at once will bump inflation.

Pay it over time and it most likely will not.
Posted by texag7
College Station
Member since Apr 2014
39557 posts
Posted on 2/24/25 at 7:52 am to
quote:

That's not the proper comparison. This is improper framing.


Nope you’re 100% wrong.
Posted by LRB1967
Tennessee
Member since Dec 2020
21136 posts
Posted on 2/24/25 at 7:52 am to
quote:

only Trump voters should get it


Agreed
Posted by Wally Sparks
Atlanta
Member since Feb 2013
31539 posts
Posted on 2/24/25 at 7:52 am to
quote:

It’s basically a looooong over due tax return that should actually be about 30x that amount over the decades.


It won’t harm anything as long as it goes back tk the actual tax payers.


You don't think paying people $150,000 each will cause inflation?
Posted by SlowFlowPro
Simple Solutions to Complex Probs
Member since Jan 2004
450816 posts
Posted on 2/24/25 at 7:54 am to
quote:

Nope you’re 100% wrong.

I am not.

This money is supposed to be removed from circulation and either not spent (help with the deficit) or, if already allocated, pay down debt. In effect it's removing this money from the money supply, which is deflationary.

Changing the plan to remove the money and then add it back into the money supply is inflationary.
Posted by dkreller
Laffy
Member since Jan 2009
32300 posts
Posted on 2/24/25 at 7:55 am to
Yeah I don’t understand that talking point. The money is already in circulation. How would it cause inflation?
Posted by OccamsStubble
Member since Aug 2019
7479 posts
Posted on 2/24/25 at 7:56 am to
It also wouldn’t decrease the debt
Posted by dkreller
Laffy
Member since Jan 2009
32300 posts
Posted on 2/24/25 at 7:56 am to
quote:

Changing the plan to remove the money

Was removing the money from circulation part of the original plan?
Posted by BuckeyeGoon
Member since Jan 2025
248 posts
Posted on 2/24/25 at 7:56 am to
I think if the plan is to take back whatever is still left that was allocated for these programs and give it back to the taxpayers and then quit funding them altogether moving forward, that's probably fine.

I think also moving forward there needs to be a system where government spending is more transparent and taxpayers have more say. I don't know if it's something like we get to vote on certain expenditures over a certain dollar amount but this can't keep being done in secrecy.

If an organization wants to spend taxpayer dollars on putting together a transgender karaoke party in zimbabwe, they should have to run it by the taxpayers first and get approval.
Posted by SlowFlowPro
Simple Solutions to Complex Probs
Member since Jan 2004
450816 posts
Posted on 2/24/25 at 7:56 am to
quote:

The money is already in circulation.

In this scenario...how?

If it's already in circulation, then it's already been spent by the agency and we can't get any savings from it. We're not going to claw back this money.
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
281843 posts
Posted on 2/24/25 at 7:57 am to
quote:

The money is already in circulation.


The money is released to agencies and NGOs (Some not in this country) who release it over time.

Dumping a trillion in the hands of consumers is a totally different ballgame. To prevent an inflation bum, give monthly payments.
Posted by cubsfan5150
NWA
Member since Nov 2007
16749 posts
Posted on 2/24/25 at 7:57 am to
If you took the wealth of the 5 wealthiest people in the the US and distrbuted that to tax payers, it would put roughly $8K in everyone's pocket.

You don't think putting $8K in the average tax payer's pocket to do as he/she pleased would tick up inflation?
This post was edited on 2/24/25 at 8:05 am
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
281843 posts
Posted on 2/24/25 at 7:57 am to
quote:

The money is already in circulation.

In this scenario...how?


Exactly
Posted by texag7
College Station
Member since Apr 2014
39557 posts
Posted on 2/24/25 at 7:58 am to
quote:

This money is supposed to be removed from circulation and either not spent (help with the deficit) or, if already allocated, pay down debt.


You were the one banging your pot a month ago saying they wouldn’t make enough cuts to amount to anything.

Looks like you were wrong again idiot.

Posted by thunderbird1100
GSU Eagles fan
Member since Oct 2007
70783 posts
Posted on 2/24/25 at 7:58 am to
quote:

Its no different than a stimulus check and I wouldnt mind it.



The covid stimulus checks were $600-$1400/person; far cry from $5k.

Most people either put it to savings or pay down debt back then because $600-$1400 wasnt much to do much else with.
This post was edited on 2/24/25 at 7:59 am
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
281843 posts
Posted on 2/24/25 at 7:58 am to
quote:


You were the one banging your pot a month ago saying they wouldn’t make enough cuts to amount to anything.



How many cuts have been made?

thanks
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