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To: Alas Babylon!

“Solutions?”

A balanced budget amendment.

Returning to the GOLD Standard.

These would force the federal government to cut spending.
We currently bring in 4.4 trillion. We are spending 7. So, we add another 2.6 trillion to the annual debt.

We would also have to raise taxes to bring the budget in line with spending. We have to do both.

IF we did these things, it would strengthen the dollar instead of people trying to figure out how to SELL their dollars and convert them into either foreign currencies, Bitcoin or precious metals.

We are looking at Stagflation because we do not have the fortitude to do what needs to be done.


43 posted on 04/16/2024 11:39:05 AM PDT by woodbutcher1963
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To: woodbutcher1963
I think you spelled out the problem, perhaps without realizing it.

These would force the federal government to cut spending.

True, but why would they want to do that?

EVERYONE in the federal government and the political parties and philosophies represented therein are perfectly happy to continue spending, believe it is their right, and will not allow you or anyone to lessen it.

52 posted on 04/16/2024 1:52:36 PM PDT by Alas Babylon! (Repeal the Patriot Act; Abolish the DHS; reform FBI top to bottom!)
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