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ALL I SEE IS FIAT MIND ROT. FUCK THESE PPL AND THEIR SYSTEMS
"50% of our tax receipts go to transfer payments" ($ given out by the gov't with no expectations of return)👀 Increasing taxes will not decrease spending.
weird he isn't running for president
This guy is a total loser! F the Fed.
I wonder if the guests on cnbc hate being interviewed by this impatient interrupting headline-whoring loser douche pile as much as I hate listening to him
He actually said inflating your way out is how “all other civilizations did it.” Yeah, they tried and it collapsed anyway. And he admitted that you’re still increasing the debt, he knows you’re hosed. He knows you have to cut SS, Medicare, and defense, plus reduce the federal government size and spending, just to stay even (but then they all get tossed out of office and replaced with people that lie to you and tell you they can fix it) then print and debase the currency to pay for the debt you have already incurred. But the new people restore the benefits because that’s why they were newly elected. When we use a currency they can’t inflate, and can’t pay for benefits and war through debt, the new people can’t restore the old system. The US also loses its place as the world policeman and then what? Hopefully, my friends in the Service will stop getting killed in wars that don’t protect us, and we spend our fewer resources at home on our own citizens. Rant over.