The middle class will pay down debt.
The ghetto will buy gin and cigarettes.
I guess they could ask all their Democratic buddies in government, managing pension funds, owning construction companies, all the other places 91% of it will get wasted and stolen.
That would be a start.
I’m sure every dollar will be tracked and accounted for. No waste at all. Not on Bidens watch.
Smith & Wesson
A ton of it is being invested in companies to shore up retirement funds while serving off as a payoff to big tech for the support in the election of Biden.
Dirty Dirty Pay-off while looting us. Will it be enough money printing to make everyone loose everything?
10 years ago I found an online document that listed the amount, address and who received Obama’s bajillion dollar stimulus in my county.
The amounts were in the $40,000-$80,000 range and were given to obscure charities I’d never heard of before with addresses in the minority side of town a couple of which were listed as MLK Blvd.
Iyanna Haley is a pleasant looking, young lady.
If she interviewed with a professional appearance like that, she would likely get the job.
Eat your heart out Nikki Minaj!
I’m trying to imagine losing a big opportunity, business and or career over this national hysteria and spectacle the Democrats have produced and directed. Oh, here’s your 1400 bucks to make up for all that! Good luck!
Ok, so I just learned something new. I knew Bitcoins were unique but fungible. They can be collected as unique items but not traded because the private key can't be "forgotten". Your proof that you own some value on the blockchain is your ability to sign a transaction with the private key. But if you want to give that value to someone else you have to transact, i.e. sign with your private key. The value is transferred to the recipient's public key or address. You can't transfer the private key because you can't prove you have 't kept a copy.
Here's what I think NFT is. With NFT the token is transfered by a contract on the blockchain. The transaction has a fee in some cryptocurrency and by signing the transaction you are paying the fee and transferring The NFT transfer transaction transfers the NFT from the seller's address to the recipients address. What I have not yet found is an explanation of the payment. Is it part of the transaction or a separate transaction such that when the buyer sees the payment on a different, unrelated address, they complete the transfer of the NFT.
Short version: NFT is yet another digital bubble, a binary beanie baby.
Easy.
Americans & illegal aliens > Amazon.com > China
Equal measures of illegal drugs, fast food, and Netflix subscriptions.
$100 of mine will go to FR. I’m doing ok financially
Where will the money end up?
First of all, Hunter needs to get a shot at it, since he always does with a piece to “the big guy.”
Second in line is Nancy.
Most of what’s left will go to the DNC
A pittance will go to the sources stipulated in the bill.
Lot of info here!
“Even among people making less than $30,000/year, 53% of people said they wouldn’t be spending the next round of stimulus.”
That’s me: retired, haven’t lost a cent of income. Pay a little more to work-age people for help, but that’s no big deal- just my attempt to help them.
Feinstein’s assault weapons bill was just reintroduced. Modern sporting rifles like AR-15s might be worth much more in the near future. Be sure to check with your smaller local dealers about those before ordering online. For each of you, one of those local dealers might be your most valuable source before long for several reasons.
Here in Arkansas they are going through it like water at bars and food delivery.
I work uber (food) and have doubled my income this weekend. I’ll be doing it more this week.
In 2 weeks it’ll be like I got another stimulus check.
I heard FedEx is gearing up for all the TVs they will have to deliver.
“The “Most Important Question” For Investors: Where Will Biden’s Trillions In Stimmys End Up?”
there’s no doubt the Democrat’s trillions are going to end up causing an artificial bubble in some near worthless “asset” because people can eat only so much food and buy so many TVs and vehicles, and will then greedily start chasing quick returns with the excess because they want to “put their money to work” ...
the massive amount of excess liquidity being injected into our economy from the 2 trillion Democrat dollars that are on their way into the system as i write this guarantees such a bubble because it’s simply not possible to quickly put this much excess liquidity into productive assets such as new factories or research and development ...
the last two excess-liquidity driven greed bubbles of note were the dot-com bubble in the late 1990’s and the housing bubble that peaked in 2006; however, excess-liquidity greed bubbles are not soon repeated in a given area, so the bubble will likely be something not seen before (though historically the stock market has always been a fertile ground for such bubbles).
my guess is that the currently developing insanity with so-called crypto-currencies will provide a fertile ground for a new bubble, so i’m thinking crypto-currencies may be ground-zero for the coming Democrat-induced greed bubble ...
even better than tulips and sardines, crypto-currencies are a perfect vehicle for a greed bubble as very few people understand them and they essentially have almost no actual role in commerce except as a vehicle for speculation ...
thus as the naive and greedy folk watch crypto-currencies appear to skyrocket in “value”, they’ll be tempted to jump on the bandwagon ... but of course, once enough peasants have been tempted to play the game and inject their savings into the bubble, the REAL players will dump the worthless bubble stuff, leaving the peasants holding the worthless bag as usual, while the REAL players abscond with the more valuable assets ...
it’s a game that’s been repeated ad nauseum throughout history, and it’s a game that actually appears to be a necessary means for extracting excess liquidity from the system ... and because everything is accelerated in our hyper-hyped society, my guess is that the coming Democrat bubble will rise and collapse far faster than any bubble during the last two decades ...
the only question i have at this point is how much damage to our ACTUAL fundamental economy will occur WHEN the Democrat bubble of excess liquidity rises and collapses ... if in fact this bubble occurs primarily in so-called crypto-currencies (rather than say, the stock market or industrial commodities that have actual utility), i suspect the damage will probably be minimal as crypto-currencies play no fundamental role in our economy and thus such a bubble would act as a rather safe safety valve for draining the Democrat’s excess liquidity ...
It will end up in the national debt.