Posted on 12/14/2023 9:44:03 AM PST by davikkm
In straightforward terms, let’s address a pressing concern: Inflation is here to stay, and the US deficit is spiraling out of control. Despite Treasury Secretary Yellen’s reassurances, there’s reason to be uneasy about the mounting US debt.
Facing the facts, $1 trillion-plus US budget deficits are becoming the norm, and federal projections paint a grim picture with deficits surpassing $1 trillion through 2033. In essence, the likelihood of witnessing a year with a US deficit below $1 trillion seems increasingly improbable.
(Excerpt) Read more at citizenwatchreport.com ...
But that won’t solve anything. Our economy is now completely fake. Macroeconomics is no longer real. Our government has taken over.
Doing business under Facism.
No one seems to know exactly what it costs to make a 12 oz can of Coke, and I certainly don’t, but according to an article published by ICSID, The International Centre for Settlement of Investment Disputes a business and design blog in April 2022, the total cost to produce a can of Coke is about 26 cents which includes the cost of raw materials, packaging and shipping – but not advertising. Coca-Cola averages about 4 billion dollars a year on advertising worldwide according to Statista. I share all this to emphasize that Coke is a very profitable $43 billion company that is projected a 4-5% higher profit in 2023 than it was in 2022. It’s gross margin as reported by Barron’s is 57.91%.
Oops, they forgot dusting the shelves.
wy69
I expect that things will work out like this...
no catastrophe...
no catastrophe...
no catastrophe...
no catastrophe...
no catastrophe...
Then, finally, EXTREME MAJOR CATASTROPHE!
What that looks like is anybody’s guess. WW III? Loss to China? Loss to Islamists? EMP attack and “One Second After” scenario? Civil War? Million percent inflation and everybody wiped out financially? Marauding gangs all over the land? Assets stolen from all whites? Communism? Gulags?
One thing for certain is that our federal government is most certainly NOT too big to fail.
Of course, inflation is permanent. Once they know people will pay out the nose for something, the price is there to stay until it rises more.
It really has very little to do with consumer behavior.
Milton Friedman famously said: “Inflation is always and everywhere a monetary phenomenon, in the sense that it is and can be produced only by a more rapid increase in the quantity of money than in output.”
And who controls the money supply?
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