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So with an unplanned $5TT added to our debt in one year...
Kaepsknee
Member Posts: 14,919
How long will it be until the Gubment struggles to make interest payments on it???
Comments
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Well they're already going after international YouTubers. Google sent letters to them saying they owe U.S. taxes on any YouTube income from 2020.
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How do you struggle to pay when you are already not paying? The Fed’s printing presses are just getting warmed up...
But there is no inflation. Just ask them. Americans are fat anyway...if they just substitute no food into there diet they will buy less and keep spending down...and therefore no inflation. -
I'm hearing Nov 2022 is when the Fed lets it rip.HoustonHusky said:How do you struggle to pay when you are already not paying? The Fed’s printing presses are just getting warmed up...
But there is no inflation. Just ask them. Americans are fat anyway...if they just substitute no food into there diet they will buy less and keep spending down...and therefore no inflation.
There was actually a poll on CNBC yesterday about when rates will kick in to reality. The original sentiment was sometime in Q2 2023 but that's getting blown up every tim the printing press gets cranked up again.
Smart money is on near term inflation in the supply chain - mostly because we? are such dumbfucks we outsourced everything the past 20 years and when the COVID lockdown hit, it all ground to a half overseas. Interest rates will be held down by the central banksters until they simply can't any longer.
The banksters don't want the public to revolt violently at the ballot box during the midterms. Keep their own bought and paid for guys in there.
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There's partisanship, then there's ball-gargling levels of partisanship. Most of your posts lately seem to imply that the country has done a complete 180 in a mere three months, even though Congress has passed only one bill and Biden's Cabinet is still being confirmed (second to last confirmation just today). The vast, vast, vast majority of anything that's fucking us now was enacted under The Savior° or one of his predecessors.PurpleThrobber said:
I'm hearing Nov 2022 is when the Fed lets it rip.HoustonHusky said:How do you struggle to pay when you are already not paying? The Fed’s printing presses are just getting warmed up...
But there is no inflation. Just ask them. Americans are fat anyway...if they just substitute no food into there diet they will buy less and keep spending down...and therefore no inflation.
There was actually a poll on CNBC yesterday about when rates will kick in to reality. The original sentiment was sometime in Q2 2023 but that's getting blown up every tim the printing press gets cranked up again.
Smart money is on near term inflation in the supply chain - mostly because we? are such dumbfucks we outsourced everything the past 20 years and when the COVID lockdown hit, it all ground to a half overseas. Interest rates will be held down by the central banksters until they simply can't any longer.
The banksters don't want the public to revolt violently at the ballot box during the midterms. Keep their own bought and paid for guys in there.
Like with football coaches, you have to give Biden at least a full season before you can conclusively determine that every problem on Earth is his fault. Them's the rules! -
So Biden gets more time than Jimmy
White privilege alive and well -
I think it's going to eventually be interest rates that take the hike. The Government can talk their way into votes even with high interest rates, they can't do the same with record high inflation. I don't think 20-25 year highs in interest rates and 20-25 year highs in tax rates are out of the question. They will do anything to keep inflation under 5%. You get above that, the working class will revolt.
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Jimmy gets a full season, too. I've always been on board with that. What I saw on the field in three of four games in last year's abortion wasn't great to me, though.RaceBannon said:So Biden gets more time than Jimmy
White privilege alive and well -
Not really. The Swamp is still the Swamp.1to392831weretaken said:
There's partisanship, then there's ball-gargling levels of partisanship. Most of your posts lately seem to imply that the country has done a complete 180 in a mere three months, even though Congress has passed only one bill and Biden's Cabinet is still being confirmed (second to last confirmation just today). The vast, vast, vast majority of anything that's fucking us now was enacted under The Savior° or one of his predecessors.PurpleThrobber said:
I'm hearing Nov 2022 is when the Fed lets it rip.HoustonHusky said:How do you struggle to pay when you are already not paying? The Fed’s printing presses are just getting warmed up...
But there is no inflation. Just ask them. Americans are fat anyway...if they just substitute no food into there diet they will buy less and keep spending down...and therefore no inflation.
There was actually a poll on CNBC yesterday about when rates will kick in to reality. The original sentiment was sometime in Q2 2023 but that's getting blown up every tim the printing press gets cranked up again.
Smart money is on near term inflation in the supply chain - mostly because we? are such dumbfucks we outsourced everything the past 20 years and when the COVID lockdown hit, it all ground to a half overseas. Interest rates will be held down by the central banksters until they simply can't any longer.
The banksters don't want the public to revolt violently at the ballot box during the midterms. Keep their own bought and paid for guys in there.
Like with football coaches, you have to give Biden at least a full season before you can conclusively determine that every problem on Earth is his fault. Them's the rules!
And the Swamp Monsters like getting paid.
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Not in your lifetime Stalin. As long as you usd does not lose it status as a world reserve currency who gives a fuck. It will be next generation and racebanon’s problem
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In two months into the Biden presidency, that looks to be the objective.FireCohen said:Not in your lifetime Stalin. As long as you usd does not lose it status as a world reserve currency who gives a fuck. It will be next generation and racebanon’s problem
