Posted on 05/21/2024 7:52:25 PM PDT by Republican Wildcat
"The US government can't go bankrupt because we can print our own money."
Q: "Like you said they print the dollar so why why does the government even borrow?"
"Well um the uh so the I mean again some of this stuff gets some of the language that the um some of the language and concepts are just confusing I mean the government definitely prints money and it definitely lends that money which is why the government definitely prints money and then it lends that money by uh by selling bonds uh is that what they do...they they um they yeah they they um they sell bonds...yeah they sell bonds right say they sell bonds and people buy the bonds and lend them the money yeah so..."
(Excerpt) Read more at youtube.com ...
The Weimar Republic said that too.
That’s what you get when your chief economic advisor has an undergraduate music degree and then a master’s and a doctorate in social work. Seriously.
From his wikipedia page:
“Bernstein graduated with a bachelor’s degree in music from the Manhattan School of Music where he studied double bass with Orin O’Brien. Throughout the ‘80s, Bernstein was a mainstay on the jazz scene in New York City.[citation needed] He is of Jewish descent.[9]
He also earned a Master of Social Work from Hunter College as well as a Doctor of Social Work in social welfare from Columbia University’s school of social work in 1994”
RATS aren’t smart enough to understand the business model of a lemonade stand...
“...But, though we had plenty of money, there was nothing our money could buy,
And the Gods of the Copybook Headings said: “If you don’t work you die.”...”
Rudyard Kipling, “The Gods of the Copybook Headings” January 1920
It really isn’t believable even then...I keep looking for the Babylon Bee logo on the guy’s shirt or something.
A Biden-level understanding of Bidenomics.
Absolute DEI clown world incompetence on display. I want my taxes returned that pay this cretin.
Yes indeed - none of it was repeated.
I thought you were joking until I watched the video.
I saw that bozo on Cavuto with this interview
Cavuto, who has been no fan of Donald’s, was beside himself with the out right bs-ing this guy was spewing. At one point he even used the “L” word (calling Biden a liar)
THAT STATUS APPLIES TO VERY SINGLE MEMBER OF THE BIDEN ADMINISTRATION.
They’re not dumb, they’re doing this on purpose to destroy this country….they are treasonous pricks. Now, the people they’re speaking to (democrats)that believe them are dumb.
“He also earned a Master of Social Work from Hunter College as well as a Doctor of Social Work in social welfare”
Well, he was well schooled in dead beats looking for cradle to grave free taxpayer handouts.
“Chairman of the US Council of Economic Advisers”
Otherwise known as a “NO SHOW” job. They have an office and desk reserved for this clown, but he never shows up for work. Just gets the free federal government paycheck (like 50% of the federal “work” force).
The architect of Bidenomics is a music major. Purposeful and treasonous economic destruction.
Proof positive the vain demented POS Biden doesn’t want to be advised by anyone smarter than him. Biden had to dig deep to find this moron.
Technically, Weimar never went bankrupt, but a wheelbarrow full of Deutschmark was not accepted in payment of Versailles reparations or a kilo of Swiss chocolate.
Didn’t realize that was what we had for an economic adviser. How is he on the golf course?
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.