I have been arguing that with you for over 2 years. Why lie? I have been telling you inflation is caused by the FED not govt borrowing.
thank you for not being able to go more than one post deep with your progressive ideas once again. We have seen a 2 deep post for a lefty defending their statement with facts... more than .01 percent of the the time. the trend continues.
Not really. Deficits are "obligations/payments deferred", while income taxes are immediate. In the end, "all debt gets accounted for by someone".
yes but in our system with the systematic inflation caused by the fed reserve... we have been paying back the loans with diluted dollars. again... I prefer we just cap spending and let the economy grow and or inflate into paying for the budget without any income tax. but the last thing in the world we need is progressive income taxes and inflation caused by the FED Reserve creating trillions of electronic dollars... without accounting for it. That formula is part of the system which transferred trillions of dollars of wealth away from tax paying americans into the hands of the cronies. I could go on abut this... But you realize in the system we currently use... federal income taxes are used to prevent competition for assets and politicians. Income tax is unneeded to fund the govt. The govt could just create the dollars and not borrow them. Right now we borrow the money but let the FED Reserve create as many trillions of electronic dollars as they wish. And they don't even report on m3.
Is that what the markets are signaling right now, they expect inflation to rise because, under Drumpf, the FED will have free rein to continue?
to non traders the markets are always telling them things... like palms to a palm reader. just a few weeks ago these pundits were telling us the market would crash if trump got elected. that mavericks owner guy telling us the markets would crash and he was going to put on a 200 percent trump hedge. The markets frequently go up this time a year. Hedge funds want to report holdings of winning stocks after they dumped their losers last quarter. This might be window dressing. It might be correcting people who were positioned the wrong way. It might be a forecast of big things to come. It might all be a mistake. Very few people really know. Is cash pouring into mutual funds?
another lefty specialty. we have seen the one post deep. now we see the nothing post - post. can't wait for the grammar post... the look at the messenger not the message post, the red herring, the false equivalency post and my personal favorite read... the sure democrats were in control. but its so big it is all ungovernable post. And don't forget the leftist intellectuals favorite... the build it off the specious assumption or bad economic model post.