Anyone Afraid Of Inflation?

Wally

BrownCafe Innovator & King of Puns
No we are not. We have no excuses. Our fathers and grandparents trusted because they didn’t know any better. A computer fits in our pockets not a room anymore……
Lol, try freezing spending, not actually cutting anything , but just spend the same this year as last, the ensuing Democrat hissy fit will be monumental.
 

Over70irregs

Well-Known Member
Lol, try freezing spending, not actually cutting anything , but just spend the same this year as last, the ensuing Democrat hissy fit will be monumental.
In order for home prices and 401k to increase inflation/money debasement has to occur. That’s the programming…. No choice regardless of party. That’s a lock. Otherwise chaos ensues.
 
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Covemastah

Hoopah drives the boat Chief !!
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Over70irregs

Well-Known Member
So inflation isn't due to policy decisions, it's because of climate change.

Lol.

Gotta give it to the media, they're certainly dedicated to circling the wagons around their political party.
Narrative changes according to who is in. Trick is to get you to continue buying into an infinite supply asset debasing to zero.
 

100%

Well-Known Member

Nothing went down, they just show you different numbers. It’s not just a convenience that the numbers go down, when they decide to change how they calculate them. Every time they’ve “changed” the calculations, it makes inflation go down? If it’s that easy just tell us it’s back to 2% again, and life is back to normal. Lol
 

Over70irregs

Well-Known Member
The Odd couple political twins playing their roles to the end. There is no inflation….. just printing.
 

Wally

BrownCafe Innovator & King of Puns
The Odd couple political twins playing their roles to the end. There is no inflation….. just printing.
We default and it's all on Biden.

 
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Over70irregs

Well-Known Member
We default and it's all on Biden.

Current situation with the debt ceiling: 1. On one side, Republicans are unwilling to make a deal without spending cuts. They believe this is a “spending issue” as the US now spends 24% of GDP annually, nearly a record. 2. On the other side, Democrats to do not want to cut spending, but simply just raise the debt ceiling. House Speaker, McCarthy, just said that the US generating revenue equal to 20% of GDP, well above average. This is why they view the crisis as a spending issue. Meanwhile, the US has just $57 billion in cash on hand and is 9 days away from a potential default. We are spending over $1.3 billion a day on interest ALONE. Markets are dropping and borrowing costs are rising as the deadline nears. What’s the solution here and which side is correct?
- Kobeissi Letter
 
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Wally

BrownCafe Innovator & King of Puns
Current situation with the debt ceiling: 1. On one side, Republicans are unwilling to make a deal without spending cuts. They believe this is a “spending issue” as the US now spends 24% of GDP annually, nearly a record. 2. On the other side, Democrats to do not want to cut spending, but simply just raise the debt ceiling. House Speaker, McCarthy, just said that the US generating revenue equal to 20% of GDP, well above average. This is why they view the crisis as a spending issue. Meanwhile, the US has just $57 billion in cash on hand and is 9 days away from a potential default. We are spending over $1.3 billion a day on interest ALONE. Markets are dropping and borrowing costs are rising as the deadline nears. What’s the solution here and which side is correct?
- Kobeissi Letter
No cuts is a vote for government bloat. If not now, when?
 

Up In Smoke

Well-Known Member
Two separate items. Debt ceiling is to pay for bills already passed and money already guaranteed. The budget is future spending bills and guarantees. Let it crash. The US comes into a glut of tax dollars on June 15th and 14th amendment protect our credit
 
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