Posted on 04/10/2020 3:58:04 PM PDT by Brown Deer
So you’re thinking that email I got from Warren Buffett informing me I was selected to receive a special stimulus of one million USD is probably bogus?
MFG I just want to SCREAM! At times,I just want to give up!!!! I do know America is past peak.
Actually they already have mine for my SS check every month....
Bookmarked.
No, the Treasury offset will only apply for back child support.
Thanks for posting this!
I haven’t filed a tax return since I retired several years ago, so the IRS may have no idea that I’m even still alive, LOL!
Those big elites and our political class get a full course dinner and we get the crumbs.
I wouldn’t be so certain to expect inflation off this. The amount of economic destruction exceeds what has been handed out
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You do recall the era of stagflation don’t you? That’s the wicked combo of high unemployment, economic stagnation, and rising prices. We went through that in the 70’s. Economists didn’t think inflation could occur during a weak economy. They were wrong.
We’re in somewhat uncharted waters but one thing is clear: the Fed’s printing presses are running at full capacity.
High inflation significantly erodes purchasing power. Hard assets can be an effective hedge against it. Just saying.
Please see my #28.
We’re in somewhat uncharted waters but one thing is clear: the Fed’s printing presses are running at full capacity.
...
Does that mean they aren’t borrowing the money?
Does that mean they aren’t borrowing the money?
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This article should answer your question.
https://www.thebalance.com/is-the-federal-reserve-printing-money-3305842
Out of the $2.2 trillion stimulus, how much is borrowed and how much is printed?
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