Yes, but whoever prints money slowest is King.
China: ‘Well, if our economy is going to go to sh*t, let’s take the rest of the world with us.....’
I want a 40,000 dollar stimulus check to get the newest Challenger
I totally ying and yang on this all day.
Too bad there are no functional Crystal Balls.
New debt will not boot the recovery but will buy time to allow a smart person to prepare the depression. The smart people see it and realigning their investments for least impact.
Blah blah blah. Fiat “funny money” currency, backed by nothing, created with a key stroke. Spend like hell until all the infrastructure is built, forgive the phony debt, and convert to gold back currency. We can do that now that the “Fed” (actually a private bank) is part of the Dept of Treasury.
There is no recession. The recession was 8 years long and ended in 2017. It was called a recovery but that was never fact checked. What we have now is a contraction, an artificial recession imposed on us by people who don’t want us electing the wrong people. Debt will do us no good but growth will certainly postpone the bad effects of debt until the next actual recession.
What are the means used to beat inflation ?—other than the obvious tactic of removing money from circulation—which has been ignored since COVID. Are there other means ?
What are the repercussions of drastically reducing money in circulation once the fake pandemic quiets ?
Where is the world getting its money from?
Here in Canada they hey day under Harper was a 55 billion dollar deficit. Many conservatives were horrified that a conservative party would run such a massive deficit.
Trudeau’s deficit is an eye popping 340 billion! How they hell did clown shoes manage to do such a thing?