Message from @Cat Queen 👑
Discord ID: 683050917381144594
Nnnnope
There are particular chips made in China
As for GM, most of the cars are made in America
Like, check your facts
This was last year
Not iPhones
Changing your story?
As you can also see from that article, it’s largely tariff based
There I gave you 5 links
Some are old and some are recent
eat the rich
That wouldn't solve anything
I think we should stop printing money for a while. We've been printing so much that the value has gone down practically 3% every year. If we stop printing, the value will go back up and things will be much better
Things that used to be a nickel are now the price of a dollar or two
That's true if we don't stop printing money we will get hyper Inflation which will make us turn into Venezuela
Plus it would boost us out of debt fairly quickly
The problem is spending we need to budget our money otherwise we will default on our own debt basically giving our country to china who has 20 trillion dollars to collect from us
It would start a war with china
We honestly need to cut almost everything in the government to make it work. Basically military ulities roads just the very basic things we need and not give money to special interests otherwise we doom our nation
tax is theft
Tax is theft, yes
The problem is that all our tax dollars go into Medicare, the Obama act, things like that
By the end of those being paid, we don't have money for the military and construction
We need to raise the year of how old you need to be to retire. Back then it was hard for someone to get to 65 but now a days, we have multiple generations that are retired
If we just stopped printing money, it would cause a recession
Inflation isn’t bad if there’s also growth
The current rate, it's been decreasing the value by 3% each year. Think about it, you out 100$ in a bank, next year is only worth 97$
It's a slippery slope
It's either we cut back or we drop programs you can expect this country to last any longer with high taxes and inflation next door. Higher taxes will crush the middle class
The sad thing is what will people do when it hits the fan
That's a scary thought and people don't realize how close we are to a collapse.
GDP also grew by that much last year. Trying to stop monetary expansion right now will cause another recession.
GG @abby_ella, you just advanced to level 10!
I mean, that’s basically what jump started the Great Depression, and the expansions of the money supply did a whole lot more than the New Deal programs in terms of lifting the economy out of it
Besides, 3% in a year is nowhere near hyperinflation