Started By
Message

re: Biden admin plans to put US under UN rule during future global emergency events

Posted on 7/7/23 at 8:29 am to
Posted by Timeoday
Easter Island
Member since Aug 2020
22869 posts
Posted on 7/7/23 at 8:29 am to
Thank you.
Posted by Penrod
Member since Jan 2011
55416 posts
Posted on 7/7/23 at 8:53 am to
quote:

This is inevitable as the money printing machine will break down, sooner or later.

No it won’t. You misunderstand the effect of expanding the money supply. And the negative effects do not come crashing down all at once, they are constantly being felt through inflation, for example.

“Printing money” is a sort of tax. It makes the savings of ordinary people worth less. And that loss of worth is equal to value transferred to the Federal Government.

The way this will be felt, in the long run, is in an inability of the Federal Government to meet all of its obligations. When that happens they will have to choose among priorities, like foreign aid, welfare programs, defense budget, energy subsidies, etc. But it won’t collapse or break down.

Eventually our sphere of influence will shrink, other nations will take over the trade routes, and our people will become substantially poorer. This will lead to vicious factionalism and finally to an authoritarian leader like Vladimir Putin.
This post was edited on 7/7/23 at 8:59 am
Posted by LSUSkip
Central, LA
Member since Jul 2012
24717 posts
Posted on 7/7/23 at 8:40 pm to
quote:

Doesn’t sound like democrats does it?


It does if there's a transfer of money involved. They don't realize that once they hand over their power, all of their money can be confiscated, and they'll be in the bread lines just like us.

first pageprev pagePage 3 of 3Next pagelast page
refresh

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on X, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookXInstagram