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Message
Inflation is purposeful and is designed to destroy the US Dollar.
Posted on 2/11/22 at 1:51 pm
Posted on 2/11/22 at 1:51 pm
Our federal budget is Income $4.174B in revenues and expenses of $6.011B for a deficit of $1.837.
Our Current us Debt is over $30 Trillion. For perspective, the U.S. national debt exceeded $22 trillion on Feb. 11, 2019. That's more than triple the nearly $6 trillion debt in 2000. As of December 2021, U.S. national debt exceeded $29 trillion.
Inflation is rampart and is driven by manufactured conditions by this administration. Energy prices are involved in production and shipping of all goods and services. Many workers are being paid to stay home.]
This created our current situation of too many dollars (many are borrowed by the Fed) chasing too few goods.
In 1981 Paul Volker raised the Fed Funds Rate to 20% in order to fight Jimmy Carter's ineptness and flawed economics, which was not as severe as Biden's. Today it is 0.25% and we paid $563 Billion in 2021. If we have to drastically increase our interest rates to the 1981 levels our debt service will $6 Trillion a year. we will have a hard time funding any part of our government, including the Defense Dept, Social Security, Medicare, etc.
United States Federal Funds Rate History
How to stop it. We cannot. Can we slow it down? Maybe by reversing Biden's energy and spending. Without rapid major changes the US dollar, our freedoms and our abilities to provide for ourselves and families will be greatly damaged.
Our Current us Debt is over $30 Trillion. For perspective, the U.S. national debt exceeded $22 trillion on Feb. 11, 2019. That's more than triple the nearly $6 trillion debt in 2000. As of December 2021, U.S. national debt exceeded $29 trillion.
Inflation is rampart and is driven by manufactured conditions by this administration. Energy prices are involved in production and shipping of all goods and services. Many workers are being paid to stay home.]
This created our current situation of too many dollars (many are borrowed by the Fed) chasing too few goods.
In 1981 Paul Volker raised the Fed Funds Rate to 20% in order to fight Jimmy Carter's ineptness and flawed economics, which was not as severe as Biden's. Today it is 0.25% and we paid $563 Billion in 2021. If we have to drastically increase our interest rates to the 1981 levels our debt service will $6 Trillion a year. we will have a hard time funding any part of our government, including the Defense Dept, Social Security, Medicare, etc.
United States Federal Funds Rate History
How to stop it. We cannot. Can we slow it down? Maybe by reversing Biden's energy and spending. Without rapid major changes the US dollar, our freedoms and our abilities to provide for ourselves and families will be greatly damaged.
17
Posted on 2/11/22 at 1:54 pm to Swazla
quote:
U.S. national debt exceeded $29 trillion
Most of it owed to us..we’ve been borrowing against our children’s future for 40 years
Posted on 2/11/22 at 1:56 pm to Swazla
You could reduce the size of government which cuts back on your expenditures.
Eliminate the IRS and use a flat tax system. That’s a start.
Eliminate the IRS and use a flat tax system. That’s a start.
Posted on 2/11/22 at 1:57 pm to Swazla
I hate to say it but interest rates will have to be raised.
Posted on 2/11/22 at 2:00 pm to Swazla
But Brandon said he is going to do something about this. I don't know about you, but I feel better.
Posted on 2/11/22 at 2:02 pm to Swazla
The US dollar is the only currency actually holding up
It the only currency that you can use in like 40 countries not officially on the US dollar like Venezuela and Lebanon.
It cant be destroyed because the world will fall apart.
It the only currency that you can use in like 40 countries not officially on the US dollar like Venezuela and Lebanon.
It cant be destroyed because the world will fall apart.
Posted on 2/11/22 at 2:02 pm to SantaFe
Can you explain how increasing an overnight lending rate for commercial banks will increase the rig count and reduce welfare expenditures to pre pandemic levels?
Posted on 2/11/22 at 2:03 pm to Swazla
quote:
Inflation is purposeful and is designed to destroy the US Dollar.
Everything happening now is meant to destroy America. Open borders, the stolen election, the Jan.6th uproar, racial tensions, unchecked crime, etc.
Posted on 2/11/22 at 2:13 pm to Caraway Rye
quote:
The United Kingdom’s pound sterling is the only currency actually holding up
It the only currency that you can use in like 40 countries not officially on the Uk pound sterling like Venezuela and Lebanon.
It cant be destroyed because the world will fall apart.
- somebody pre Bretton Woods
Posted on 2/11/22 at 2:17 pm to Swazla
Cloward-Piven Strategy
1960 Socialists who came up with the strategy to destroy the USA by economic means. Pretty much what is going on right now.
1960 Socialists who came up with the strategy to destroy the USA by economic means. Pretty much what is going on right now.
Posted on 2/11/22 at 2:18 pm to Swazla
Inflation exposes the central banking fiat system for the Ponzi scheme that it is.
Posted on 2/11/22 at 2:20 pm to Stiles
quote:
Rome’s aureus is the only currency actually holding up
It the only currency that you can use all over the Empire and also in like 40 precincts not officially on the aureus like Lycia and Thracia.
It cant be destroyed because the world will fall apart.
Posted on 2/11/22 at 2:21 pm to wutangfinancial
You still sticking with your no rate hike prediction?
You might actually be right if this Russia shite goes down
You might actually be right if this Russia shite goes down
Posted on 2/11/22 at 2:21 pm to Caraway Rye
quote:
It cant be destroyed because the world will fall apart.
So? That opens the door for global economic reset and targeted wealth disparity.
You think anyone in control is upset by that?
Posted on 2/11/22 at 2:22 pm to Swazla
The only way to fully reshape a government and civilization is to first tear down the current one.
Posted on 2/11/22 at 2:23 pm to Midget Death Squad
quote:
Before the U.S., only five powers had enjoyed the coveted “reserve currency” status, going back to the mid-1400s: Portugal, then Spain, the Netherlands, France and Britain. Those reigns lasted 94 years on average. At the start of 2020, the dollar’s run had endured 100 years.
Posted on 2/11/22 at 2:31 pm to Swazla
The thing that kinked this economic Slinky is that it was all supposed to be going down while the "pandemic" raged on, lockdowns continued, and a shooting war with Russia or NK was going down.
Any/all of those things running concurrently and "of course" it makes sense that inflation is so high Carter is touching himself, supply chain disruptions are continuing and shelves are bare.
But they're not. The Russia/UKR thing is mostly fap material for the globalists and MIC warhawks, the pandemic is proving to be statistical manipulation of flawed testing methologies, and at the end of the day, Americans (and citizens worldwide) are mad as hell about it all.
Any/all of those things running concurrently and "of course" it makes sense that inflation is so high Carter is touching himself, supply chain disruptions are continuing and shelves are bare.
But they're not. The Russia/UKR thing is mostly fap material for the globalists and MIC warhawks, the pandemic is proving to be statistical manipulation of flawed testing methologies, and at the end of the day, Americans (and citizens worldwide) are mad as hell about it all.
Posted on 2/11/22 at 2:33 pm to SantaFe
quote:
I hate to say it but interest rates will have to be raised.
This won’t happen because it’s racist and not equitable and Brandon is in charge, unfortunately.
Lots of ppl to blame including poors who have no business financing but can’t blame them for taking advantage.
Posted on 2/11/22 at 2:37 pm to VoxDawg
quote:
Inflation exposes the central banking fiat system for the Ponzi scheme that it is
This! I find it amusing when the government arrests and convicts someone of executing this exact scheme.
Posted on 2/11/22 at 2:38 pm to Caraway Rye
quote:
t cant be destroyed because the world will fall apart.
Agreed! What's the alternative? Nothing.
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