Started By
Message

Trump & Congress most fiscally reckless government ever

Posted on 1/11/21 at 5:08 am
Posted by JDGTiger
Louisiana
Member since Oct 2020
650 posts
Posted on 1/11/21 at 5:08 am
Pelosi and Trump should be kicked out for laying the groundwork for huge inflation.

I lived through the seventies inflation and it was not fun. It took 20% interest rates to stop it. Imagine your home mortgage interest being in the double digits.

The money supply today is so many times larger and the debt virtually insurmountable I feel we are headed to hyperinflation.
Posted by Buckriggler
Member since Sep 2020
276 posts
Posted on 1/11/21 at 5:10 am to
Just wait until China Joe grabs the steering wheel.
Posted by PiscesTiger
Concrete, WA
Member since Feb 2004
53696 posts
Posted on 1/11/21 at 5:11 am to
That why I buy my gold from Rosland Capital. I even like the way gold feels.
Posted by JDGTiger
Louisiana
Member since Oct 2020
650 posts
Posted on 1/11/21 at 5:13 am to
Looks like gold has been replaced by Bitcoin as an inflation hedge.
Posted by ItNeverRains
37069
Member since Oct 2007
25389 posts
Posted on 1/11/21 at 5:16 am to
We had to bankrupt two generations because of China virus. What should China’s punishment be?
Posted by lsuguy84
CO
Member since Feb 2009
19573 posts
Posted on 1/11/21 at 5:19 am to
Posted by Walkthedawg
Dawg Pound
Member since Oct 2012
11466 posts
Posted on 1/11/21 at 5:31 am to
They are revising history as we speak.
Posted by OutOfNames
Member since Dec 2019
796 posts
Posted on 1/11/21 at 5:35 am to
Lol. Obama says hi. Still trillions unaccounted for.
Posted by MrLarson
Member since Oct 2014
34984 posts
Posted on 1/11/21 at 5:39 am to
quote:

Imagine your home mortgage interest being in the double digits


I'm fixed at 3.5%

quote:

I feel we are headed to hyperinflation.


No,

They'll head to negative rates.

quote:

Trump & Congress most fiscally reckless government ever


When was the last time the government shut the economy down? You know that's a huge factor but you're too much of a liar to admit it.
Posted by JDGTiger
Louisiana
Member since Oct 2020
650 posts
Posted on 1/11/21 at 6:43 am to
Printing money creates a fake economy. This idea that asset classes should never decline in value to avoid a recession is just crazy.

They have spent recklessly and there is no denying that.

Obama, liberal as he is, never spent any where close to the money Trump and Pelosi is spending.
This post was edited on 1/11/21 at 6:45 am
Posted by squid_hunt
Baton Rouge
Member since Jan 2021
11272 posts
Posted on 1/11/21 at 6:51 am to
quote:

Pelosi and Trump should be kicked out for laying the groundwork for huge inflation.


We are headed toward Greece. But to quote George Carlin in rebuttal, "The People suck." And "These people don't fall out of the sky."
Posted by RiseUpATL
Member since Sep 2018
2214 posts
Posted on 1/11/21 at 6:54 am to
You should refinance. I did 2 years ago and went from 4.0 to 3.5. I am refinancing now and going down to 2.875
Posted by MeatCleaverWeaver
Member since Oct 2013
22175 posts
Posted on 1/11/21 at 7:03 am to
quote:

We had to bankrupt two generations because of China virus. What should China’s punishment be?



Trump was gonna lay the pipe to Chy Na this term, but now we’ve got The Big Guy on the scene
Posted by McLemore
Member since Dec 2003
31437 posts
Posted on 1/11/21 at 7:12 am to
quote:

Number of Posts:331
Registered on:10/24/2020


Since purges are all the rage, when does the Great PT Alt-Troll Purge of 2021 begin?
Posted by jchamil
Member since Nov 2009
16455 posts
Posted on 1/11/21 at 7:16 am to
quote:

Obama, liberal as he is, never spent any where close to the money Trump and Pelosi is spending


So we’re just ignoring the stimulus spent because of the rona?
Posted by squid_hunt
Baton Rouge
Member since Jan 2021
11272 posts
Posted on 1/11/21 at 7:39 am to
quote:

So we’re just ignoring the stimulus spent because of the rona?


Cash for Clunkers was free money. It doesn't count because I like Obama.
Posted by Catchfalaya
Member since Feb 2018
1920 posts
Posted on 1/11/21 at 7:47 am to
Uncle Joe already is proposing a $4 Trillion Dollar Package
Posted by 1BIGTigerFan
100,000 posts
Member since Jan 2007
49079 posts
Posted on 1/11/21 at 7:51 am to
I'm at the point where I don't care. The debt is so out of control, it will never be taken care of. So just make sure you're prepared when this whole thing goes down.
Posted by GeauxGutsy
Member since Jul 2017
4708 posts
Posted on 1/11/21 at 7:52 am to
quote:

Lol. Obama says hi. Still trillions unaccounted for.


There is an investment property in Martha’s Vineyard and God only knows how many shell companies.
Posted by shawnlsu
Member since Nov 2011
23682 posts
Posted on 1/11/21 at 8:04 am to
quote:

What should China’s punishment be?


America should wipe out our debt to China. Harris/Biden will only keep adding to that.
first pageprev pagePage 1 of 2Next pagelast page

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

FacebookTwitterInstagram