They Inflated the Debt Away Before. This Time is Different

Comments · 134

• JM

  @jmg567 · 4 hours ago

  It’s fascinating watching the fall of Rome in real time.

  30

• JU

  @justinmcguffey1060 · 6 hours ago

  "Inflation isn't fixing the problem... Hmm Let's try HYPERInflation" - Our politicians probably

  40

• DE

  @derkong7114 · 6 hours ago

  And the level of spending continues to climb....

  19

• DJ

  @djmayna87 · 5 hours ago

  So my options are to buy assets at their all time high, e.g. monthly SPX RSI above 75, or watch my wealth inflate away. Great

  34

• UT

  @utah_koidragon7117 · 5 hours ago (edited)

  Another good video, but it is immensely frustrating that any of this needs to be said, and even more frustrating that so many people either can&apos;t or won&apos;t wrap their simple little heads around it. <br>Our economy is fictional. We have spent decades offshoring actual production, running trillion dollar trade deficits and thereby depleting our wealth. We have overspend MASSIVELY for decade upon decade, borrowing trillions upon trillions of dollars. Worse, we have nothing of value to show for all of the money we overspent- it didn&apos;t go to infrastructure or to building productive wealth in this country, or even to fund some kind of national emergency need. It went to grift and fraud and waste. <br>Now we&apos;re looking at hyperinflation, realistically. Because people wanted to believe they could have a free ride, and the bill would never come due.<br>The ONLY solution is to massively cut spending- at least 40% cuts across the board. It is going to happen one way or the other.

  14

• AN

  @andrewrivera4029 · 5 hours ago

  Tell a politician anything but don’t tell them to cut spending. Tell the public anything but don’t tell them the government is gonna cut a government program they like. See…

  5

• WE

  @westernartifact4163 · 2 hours ago

  You know it’s bad when even the government’s last straw scam measure is failing.

  3

• BU

  @bubbajones4522 · 3 hours ago

  I&apos;d like to hear someone talk about what would happen if the US never handed over money creation to the tiny hat banking cartel in 1913. There&apos;s be no nationals debt because we wouldn&apos;t be borrowing from a privately owned Federal Reserve Corporation. What if the US went back to printing our own money and not borrowing their ponzi fiat currency?

  6

• OS

  @OscarsFavouriteWaitress · 4 hours ago

  The more important ratio is &quot;money owed to Federal Reserve&quot;/&quot;base money&quot;.

  2

• DA

  @daniglesias3997 · 2 hours ago

  They raised the minimum wage to tax more. Everyone makes more money to just get taxed more. Especially social programs getting bankrupt

  2

• SK

  @SkyCharter · 6 hours ago

  Awesome as usual.

  2

• WE

  @Welltender1-yw9mg · 6 hours ago

  Thank you

  2