Home Addicted To Gov! Biden Has Added $3.7 Trillion In Public Debt, Not Suprising That M2 Money Velocity Is Rising (But Still Below Pre-Covid Spending Splurge)

Confounded Interest ^ | 05/03/2023 | Anthony B. Sanders

[Kaiser8408a]

Under Joe Biden, Chuck Schumer and Nancy Pelosi (now Hakeem Jeffries), the US economy is addicted to gov … spending and debt.

Some are marvelling that M2 Money VELOCITY (GDP/M2) is rising as if this is a miracle. It isn’t. Under Biden, public debt has increased by $3.7 trillion. But as The Fed pulls back and M2 Money growth slows, M2 Money Velocity is rising. But still below historic levels.

Doctor, doctor (Yellen). We have a bad case of excessive and wasteful Federal spending and debt.

China doesn’t have to invade the US. Biden, Schumer and Jeffries are destroying the country on their own.

While Biden is bailing out banks and Ukraine (and taking bribes from China), I am struggling to buy a bottle of wine.

[Kaiser8408a]

Biden is killing our great natiion.

[Sacajaweau]

This climate change farce is the big killer...

[oil_dude]

I don’t believe this is true. Just the opposite. As regional banks fail, M2 money velocity slows, because they are unable to make loans to small/medium companies that is used to grow the business. M2 money velocity is actually lower than it was in 2008

[Amendment10]

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"Home Addicted To Gov! Biden Has Added $3.7 Trillion In Public Debt, Not Suprising That M2 Money Velocity Is Rising (But Still Below Pre-Covid Spending Splurge) "

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FR: Never Accept the Premise of Your Opponent’s Argument

Political straw man Biden isn't the real problem imo.

The corrupt, constitutionally undefined political parties not only have the power to impeach and remove Biden from office but stubbornly refuse to do so, but the debt is based on Congress's unconstitutional taxing and spending.

• "Congress is not empowered to tax for those purposes which are within the exclusive province of the States." —Justice John Marshall, Gibbons v. Ogden, 1824.

• “If the tax be not proposed for the common defence, or general welfare, but for other objects, wholly extraneous, (as for instance, for propagating Mahometanism among the Turks, or giving aids and subsidies to a foreign nation, to build palaces for its kings, or erect monuments to its heroes,) it would be wholly indefensible upon constitutional principles [emphases added].” — Justice Joseph Story, Commentaries on the Constitution 2 (1833).

• ”Simply this, that the care of the property, the liberty, and the life of the citizen, under the solemn sanction of an oath imposed by your Constitution, is in the States and not in the federal government [emphases added]. I have sought to effect no change in that respect in the Constitution of the country.” —John Bingham, Congressional. Globe. 1866, page 1292 (see top half of third column)

• "From the accepted doctrine that the United States is a government of delegated powers, it follows that those not expressly granted, or reasonably to be implied from such as are conferred, are reserved to the states, or to the people. To forestall any suggestion to the contrary, the Tenth Amendment was adopted. The same proposition, otherwise stated, is that powers not granted are prohibited [emphasis added]." —United States v. Butler, 1936.

• Pelosi: "We have to pass the bill so that you can find out what is in it." (non-FR; 6 sec.)

• “Cherish, therefore, the spirit of our people, and keep alive their attention. If once they become inattentive to the public affairs, you and I, and Congress and Assemblies, judges and governors, shall all become wolves [emphasis added]. It seems to be the law of our general nature.” - Thomas Jefferson (Letter to Edward Carrington January 16, 1787)

• Democrats Are Terrified Of An Educated And Informed Public (3.12.23)

It's up to us patriots to effectively apply Section 3 of the 14th Amendment to ALL incumbent lawmakers and executives in state and federal governments by primarying them in 2024 since none of them have made a significant difference in stopping unconstitutionally big federal government imo.

"14th Amendment, Section 3: No person shall be a Senator or Representative in Congress, or elector of President and Vice President, or hold any office, civil or military, under the United States, or under any State, who, having previously taken an oath, as a member of Congress, or as an officer of the United States, or as a member of any State legislature, or as an executive or judicial officer of any State, to support the Constitution of the United States, shall have engaged in insurrection or rebellion against the same, or given aid or comfort to the enemies thereof [emphases added]. But Congress may by a vote of two-thirds of each House, remove such disability."