catstalking
ie qt
i know what you mean to say, but the price increase in-and-of-itself is not inflation
inflation is increasing the money supply, the price increases are the (inevitable and inescapable) result
The National Debt, Do You Worry About It?
- Thread starter Wally
- Start date
inflation is increasing the money supply, the price increases are the (inevitable and inescapable) result
BrownFlush
Woke Racist Reigning Ban King
BigUnionGuy
Got the T-Shirt
BigUnionGuy
Got the T-Shirt
Over70irregs
Well-Known Member
They are printing. Nothing to worry about.
Over70irregs
Well-Known Member
First national debt now your 401k. I told people they were not gonna let you chill with that $. They are testing you as we speak. (Hint: only 1 true sovereign way to retain your energy. Get started)
money.com
Killing 401(k) Tax Benefits Could Help Save Social Security, New Research Shows
Workers would lose a key retirement planning benefit as a tradeoff for funding Social Security.
money.com
Wally
BrownCafe Innovator & King of Puns
Another tax 'higher income" scheme.First national debt now your 401k. I told people they were not gonna let you chill with that $. They are testing you as we speak. (Hint: only 1 true sovereign way to retain your energy. Get started)
Killing 401(k) Tax Benefits Could Help Save Social Security, New Research Shows
Workers would lose a key retirement planning benefit as a tradeoff for funding Social Security.
Over70irregs
Well-Known Member
Unpopular opinion. 98% of countries and/or nations that approached US debt levels had hyperinflation, debt default, or war within 15 years...
Problem is we have the world's reserve currency. Oil and gold are priced in dollars. If we go down the world's financial system collapses too.
Over70irregs
Well-Known Member
BRICS is telling us we are not for long. Oil is to be settled in Yuan. Just ask Saudi Arabia. China is setting up currency agreements. https://www.reuters.com/markets/cur...ign-local-currency-swap-agreement-2023-11-20/
Saw an interesting video about that last year explaining why that won't happen or if it does it won't soon. China is imploding. As bad as our debt is we're in significantly better shape than they are. Not saying it can't happen, but probably won't for decades.
Up In Smoke
Well-Known Member
2019/2020 will hold us hostage for decades.
They better find a way to get the interest rates down or they're really going to be in trouble
Up In Smoke
Well-Known Member
IMO, interest rates are still too low to sustain a healthy economy. Borrowing has to have consequences and lowering only encourages risk.
Well when you start paying interest on 34 trillion dollars interest rate makes a big difference
Commercial Inside Release
Well-Known Member
Any country that challenges the greenback as the currency for settlements, will quickly have its economy destroyed or at least dismantled.
Up In Smoke
Well-Known Member
Two different things. Short term consumer rates vs Treasury rates.
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