ECON Biden/Harris Road Trip Next Week 3 Trillion

Doomer Doug

Doomer Doug

TB Fanatic
Joe Biden and Kamala Harris will go on a road trip next week to push their 3 TRILLION DOLLAR plan for infrastructure spending. This is in addition to the 1.9 $TRILLION Covid Stimulus program.
Yes, Virginia biden will have raised the US DEBT TO $33 TRILLION when his 5 trillion is added up, from 28 Trillion on 1-20-2021.
Yet, we are told no inflation. Bitcoin hit $60'000 this morning. Seriously, the ides of march.
 
D

Double_A

TB Fanatic
Doomer Doug said:
Joe Biden and Kamala Harris will go on a road trip next week to push their 3 TRILLION DOLLAR plan for infrastructure spending. This is in addition to the 1.9 $TRILLION Covid Stimulus program.
Yes, Virginia biden will have raised the US DEBT TO $33 TRILLION when his 5 trillion is added up, from 28 Trillion on 1-20-2021.
Yet, we are told no inflation. Bitcoin hit $60'000 this morning. Seriously, the ides of march.
Click to expand...


Wonder if AOC will get funding for her bridge to Hawaii?
 
Doomer Doug

Doomer Doug

TB Fanatic
Mzkitty, antifa tried to storm an apartment building at pearl but the cops actually kicked their ass and got a whiny news reporter along with them
I also saw a flyer for recalling Mayor Ted Wheeler this afternoon when I shopped at whole foods. No good for that: they should recall the multnomah couny da, district attorney or dumb ass :lol: instead.
 
D

Dozdoats

On TB every waking moment
A trillion here, a trillion there - if it wasn't all funny money soon you'd be talking real money.

Folks, this is financial/fiscal END GAME - the Demoncrats are throwing control to the four winds and surrendering to greed (yours and theirs) while things hold together a bit longer. Make the best of it...
 
von Koehler

von Koehler

Has No Life - Lives on TB
A subtle point perhaps, but potentially a major one. I agree with Martin Armstrong that inflation is caused by the public losing confidence in their government. Increases in the money supply has nothing to do with this.
His knowledge of the world's monetary history is unchallenged.

That being said, clearly public faith and trust in .fedgov is collapsing. The Democrat/Leftist coup was ample reason enough to start this reaction. Couple that with actual physical shortages of goods and it is a receipe for disaster.

Spend your "stimulus checks" as fast as you can.
 
Doomer Doug

Doomer Doug

TB Fanatic
Is plumbo Latin for plumber? :chg:

The thing that is going on here, gang is a repeat of, if you live long enough, all kinds of :poop: happens again. Back in 1971, after Nixon devalued the dollar by taking it off of the gold standard, all the Arabs, especially Saudi Arabia, took a look around, saw they were being paid $1 a barrel for oil that was now worth 10 CENTS a barrel. so they said pay us $10 a barrel And biden, yeller, and Powell are doing the same thing, and will have the same result.

If you had $28 TRILLION in debt 2 months ago, and you now have a total of $33 TRILLION in debt, well the foreigners are going into BFUTW mode real soon here.

China is going digital, complete with social credit score within weeks/months now. And when they do all that "inflation" that Powell says doesn't exist, will be credited to the fiat dollar and it will lose at least 50 percent of its purchasing power for Chinese goods.

Sheesh, our leaders our imbeciles, it hurts to even call them morons at this point. :shd:
 
R

raven

TB Fanatic
Dozdoats said:
A trillion here, a trillion there - if it wasn't all funny money soon you'd be talking real money.

Folks, this is financial/fiscal END GAME - the Demoncrats are throwing control to the four winds and surrendering to greed (yours and theirs) while things hold together a bit longer. Make the best of it...
Click to expand...
last run on the bank
 
H

Housecarl

On TB every waking moment
Doomer Doug said:
Is plumbo Latin for plumber? :chg:

The thing that is going on here, gang is a repeat of, if you live long enough, all kinds of :poop: happens again. Back in 1971, after Nixon devalued the dollar by taking it off of the gold standard, all the Arabs, especially Saudi Arabia, took a look around, saw they were being paid $1 a barrel for oil that was now worth 10 CENTS a barrel. so they said pay us $10 a barrel And biden, yeller, and Powell are doing the same thing, and will have the same result.

If you had $28 TRILLION in debt 2 months ago, and you now have a total of $33 TRILLION in debt, well the foreigners are going into BFUTW mode real soon here.

China is going digital, complete with social credit score within weeks/months now. And when they do all that "inflation" that Powell says doesn't exist, will be credited to the fiat dollar and it will lose at least 50 percent of its purchasing power for Chinese goods.

Sheesh, our leaders our imbeciles, it hurts to even call them morons at this point. :shd:
Click to expand...

"Silver or Lead" or as they often say in Mexico and points south, "Plata o Plomo".......
 
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