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Why do we pay taxes when they can just print the money?

Today april 9 the fed announced it will create an additional $2.3 Trillion out of thin air to bailout businesses.


april 9 2020 The Federal Reserve on Thursday announced a bevy of new moves aimed at getting another $2.3 trillion of financing into businesses and revenue-pinched governments.

Stock futures jumped after the announcement, which came moments after the government reported that 6.6 million new jobless claims were filed last week.

Among the Fed’s measures were details regarding its Main Street business lending program and several other initiatives it is undertaking to backstop the reeling U.S. economy. The central bank also provided more detail on its market interventions, including plans to buy corporate bonds both at an investment-grade level as well as high-yield, or junk, bonds.
 

Jack4freedom

Governor
Today april 9 the fed announced it will create an additional $2.3 Trillion out of thin air to bailout businesses.
I agree. They should print up $230 trillion and distribute it equally among ALL AMERICANS. There are no shortages of food, fuel, or any other type of consumer goods. The only shortage is of MONEY. Our whole economy is based on debt created by the ponzI scheme known as The Federal Reserve which is privately owned by a small cadre of international bank percentage swindlers who produce nothing but misery for the people of this planet. They produce absolutely NOTHING OF REAL VALUE.

We have the natural resources and technology to create a world where the lowest of income earners could have the standard of living equal to an American now making $100k a year. Imagine what nice ghettos we could create. And the suburbs would be made up of very productive Americans whose average lifestyle would be that of people who currently earn between $150-$500 a year.

Entrepreneurs could become multi millionaires in a few years and continue to get rich throughout their careers. Taxes would be locally collected and fairly apportioned to run the government and infrastructure in a first class way. Cops , Firemen and Teachers would make at least $200k a year. Security guards and grocery clerks at least $100k. After all money is really nothing but numbers on a computer screen and paper printed up for pennies. The US Treasury is constitutionally mandated to create, coin and print money debt free. Instead our politicians have sold us out and granted this priceless concession to a bunch of worthless blood sucking international percentage swindlers. Until we get rid of them, it matters not who makes the laws.
 
Theoretically yes, but in here in reality they have had the money printers going for the better part of the last decade but the only thing that got inflated was asset prices.
Real assets almost always rise in value because the supply is finite.

Unlike big mac's, teslas, and politicians, which seem to be getting cheaper all the time.
 
Theoretically yes, but in here in reality they have had the money printers going for the better part of the last decade but the only thing that got inflated was asset prices.
What do you mean "only thing".? The value of all stocks on nasdaq and NYSE is more than our GDP. Yes - the inflation was in the stock market and that was enormous.
 

Raoul_Luke

I feel a bit lightheaded. Maybe you should drive.
Theoretically yes, but in here in reality they have had the money printers going for the better part of the last decade but the only thing that got inflated was asset prices.
Because the free money only went to the wealthy. Now that we have "helicopter money" going to everyone, you'd best get yourself a wheelbarrow to use when you go shopping.
 

sensible don

Governor
Supporting Member
Printing money endlessly results in hyperinflation, which impoverished anyone who doesnt own land or gold.

Raising taxes endlessly destroys manufacturing and jobs.

Democrats appear to want to try both.
Ok, stop with the bs, ONLY democrats want this, so you think NO right wing GOP member voted yes, geezus the hypocrisy x 10 trillion - you know the amount they are printing under the direction of the socialist in chief - now show me where it is ONLY the dems wanting this - go_________________________________________________
 

sensible don

Governor
Supporting Member
Real assets almost always rise in value because the supply is finite.

Unlike big mac's, teslas, and politicians, which seem to be getting cheaper all the time.
They can't print more land, now maybe people will see this, a car or gun or purse is only worth what the next person is willing to pay
 

sensible don

Governor
Supporting Member
Stocks are an example of assets whose prices got inflated.
The only winners in the stock market are the brokers and people who can buy large qtys of stocks. The inflated dow means really nothing, when it can change because the current WH says something they don't like , that should tell you what a scam it is. IRA'S are simply the govt way to get cash money out of the households and put into an investment scheme THEY CAN MONITOR ( cashless society is the goal here people = max tax dollar collection ), to which the brokers make their 3-8% for doing nothing. An IRA is also a huge savings account for the govt. they let you put it there, but dare you take it out - penalties, huge tax burdens, etc and people just nod their head and go on - IT IS YOUR MONEY THEY JUST TOOK !

Now with real estate, they can't figure that one out other than high property taxes.
 

sensible don

Governor
Supporting Member
I agree. They should print up $230 trillion and distribute it equally among ALL AMERICANS. There are no shortages of food, fuel, or any other type of consumer goods. The only shortage is of MONEY. Our whole economy is based on debt created by the ponzI scheme known as The Federal Reserve which is privately owned by a small cadre of international bank percentage swindlers who produce nothing but misery for the people of this planet. They produce absolutely NOTHING OF REAL VALUE.

We have the natural resources and technology to create a world where the lowest of income earners could have the standard of living equal to an American now making $100k a year. Imagine what nice ghettos we could create. And the suburbs would be made up of very productive Americans whose average lifestyle would be that of people who currently earn between $150-$500 a year.

Entrepreneurs could become multi millionaires in a few years and continue to get rich throughout their careers. Taxes would be locally collected and fairly apportioned to run the government and infrastructure in a first class way. Cops , Firemen and Teachers would make at least $200k a year. Security guards and grocery clerks at least $100k. After all money is really nothing but numbers on a computer screen and paper printed up for pennies. The US Treasury is constitutionally mandated to create, coin and print money debt free. Instead our politicians have sold us out and granted this priceless concession to a bunch of worthless blood sucking international percentage swindlers. Until we get rid of them, it matters not who makes the laws.
And our leaders all worship at the alter of money, both sides - 89 % retire millionaires
 
The only winners in the stock market are the brokers and people who can buy large qtys of stocks. The inflated dow means really nothing, when it can change because the current WH says something they don't like , that should tell you what a scam it is. IRA'S are simply the govt way to get cash money out of the households and put into an investment scheme THEY CAN MONITOR ( cashless society is the goal here people = max tax dollar collection ), to which the brokers make their 3-8% for doing nothing. An IRA is also a huge savings account for the govt. they let you put it there, but dare you take it out - penalties, huge tax burdens, etc and people just nod their head and go on - IT IS YOUR MONEY THEY JUST TOOK !

Now with real estate, they can't figure that one out other than high property taxes.
UMMM... What? IRA'S are tax advantaged for the individual, which comes at the government's expense. I Don't understand the logic that leads to "IRA's are just a savings account for government"
 

voyager

4Q2247365
Hey repukes tell us about Socialism. Actually you need to tell you repuke hero's.

I never want to hear another fuking word about Socialism from any repuke.
 
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