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Millions of Americans are living on the edge paycheck to paycheck. With 30% of all service sectors, retail food restaurants closing and going out of business. Things can go downhill really fast. If they really want to stimulate the economy, they should reduce the taxes and the government. You don’t rob people of their future and put that money in your pockets. Employment, stagnation, inflation, oil prices, PMI…none of that matters in determining the democrats call for even more stimulus…
What is the end game? It is to trigger a crisis of astronomical prices and wrecked supply chains where the government will be “forced” to implement some kind of “temporary” rationing program until the “economy” can get on its feet once again. There is no “Fiscal Stimulus.” All of the money goes for political payoffs that then pump money back into the DNC.
The vast majority of the funds end up in very few pockets.
Place your bets on the most corrupt and wasteful outcome possible…it is what they have done since bammy, and they won’t stop until we stop them… The only way the Fed can taper is to crash the markets. The panic will scare investors into the (perceived) safety of the US Treasuries market – so they can purchase the debt instead of the Fed. Buyer beware!
This is all part of the show. The intention is to blow up and destroy the economy. They won’t stop until the bond market blows up. 1.4% bond yield is a green light to spend wildly. This is easily the most corrupt, treasonous government to ever exist…evil has never had this kind of power before in history…it is just getting used to driving it…like a fighter pilot getting used to a new fighter jet…you haven’t seen anything yet…
What’s going to be remarkable about this round of ‘stimulus’ is not only how ineffective it will be addressing any concrete issues the nation has but also the rapid inflationary effect it is going to produce given pre-existing conditions. This ‘stimulus’ bill allows the IRS and government to monitor all of our BANKING TRANSACTIONS. Yup. Every single payment, deposit, and withdrawal is under scrutiny by the govt and IRS. Pushback rises as the Biden administration seeks to monitor all bank accounts as part of $3.5 trillion packages. Time to panic as the Federal reserve starts reverse repo. Issues will pop up because of too much debt making the system as a whole too fragile. Pulling forward consumption only works for so long until it becomes a losing game.
The US Federal debt has climbed from $17 trillion to almost $29 trillion today. It is growing at a rate of over $1 trillion per year. Now that we have seen how the Debt has come to this dangerously high level let us look at the reason. So far, we have had only a cursory glance. Now the subsequent rulers of America reversed the tax cuts by increasing the tax rates, but this shows us one major reason why the debt levels in America keep rising. The corporations and the super-rich, who got a tax cut by the government, ended up giving a loan to the US government, and now the US government owes them not only the loan but also interest on that loan!
According to government estimates, the total cost of tax cuts alone is $1.6 trillion! This means the government needs to raise an equivalent amount of debt to finance public sector spending. Going from middle class to just above poor can happen real fast. Our masters have broken money for their benefit at our expense. The massive state apparatus on tip of that isn’t helping, but it’s a symptom, not a cause. We must reclaim money if we are ever to be free, prosperous, and civil.
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