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Inflation’s Impact ‘Will Be Eased’ by ‘Pumping Money’ to Stimulate Economy

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posted on Oct, 29 2021 @ 10:34 AM
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Dem Rep. Carter: Inflation’s Impact ‘Will Be Eased’ by ‘Pumping Money’ to Stimulate Economy


Bidenomics!



Carter disagreed with [relevant remarks begin around 3:15] “the notion that somehow the Build Back Better or the infrastructure plan will negatively impact inflation,” because there have been “several Nobel Peace Prize economists who vehemently disagree with that. Listen, when people make more money, they spend more money. When you make money, it doesn’t just go into a black hole in your backyard. It goes into the stores, it goes into school, it goes into homes and cars and providing better lives for our children. So that money that’s in –.”


Is that right?

Had Biden/Yellen and the usual idiots gotten their way all that new money would be spied on by the IRS down to $600, and then with the multi billion dollars windfall to the IRS to go after would be tax dodgers(only they don't mean their own).

When there are engineered shortages, staffing shortages due to forced vaccinations.

Just exactly HOW THE EFF does a economy get stimulated that's also suffering from too much new money in the system from the trillions already spent on the plandemic.

Since when does pouring gas on a fire put it out?

I retort.

You decide.

Let's Go Carter, and all his commie little bastages(Johnny Dangerously).
edit on 29-10-2021 by neo96 because: (no reason given)



posted on Oct, 29 2021 @ 10:44 AM
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But most of it was free money not infrastructure




posted on Oct, 29 2021 @ 10:45 AM
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They (not) funniest part is that a lot of people voted for him for the promises of higher wages, free community college and student debt forgiveness.

They got none of that, and rising living costs to boot.



posted on Oct, 29 2021 @ 10:47 AM
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Inflation will be eased by more inflation.
Hopefully I can get a construction loan in before it goes hyper, then it will pay itself off.



posted on Oct, 29 2021 @ 11:02 AM
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I've got a question for all of the economists here, what is the best way to combat inflation?



posted on Oct, 29 2021 @ 11:03 AM
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translation:
nothing will be done about inflation.
prices are not going down.
they will address the problem of rising prices by giving money to big corporations
to hire more people and pay them higher wages.

and importing more illegal immigrants.



posted on Oct, 29 2021 @ 11:05 AM
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originally posted by: o0oTOPCATo0o
They (not) funniest part is that a lot of people voted for him for the promises of higher wages, free community college and student debt forgiveness.

They got none of that, and rising living costs to boot.


Suckers. Think they learned anything?

Or maybe stupidity is what made them Suckers.



posted on Oct, 29 2021 @ 11:05 AM
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a reply to: neo96

Did Jimmy CARTER think the same way?



posted on Oct, 29 2021 @ 11:06 AM
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originally posted by: lordcomac
Inflation will be eased by more inflation.
Hopefully I can get a construction loan in before it goes hyper, then it will pay itself off.


But, but, Zimbabwe ... they're all multi-trillionaires now. See how well it works? 🤪



posted on Oct, 29 2021 @ 11:18 AM
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Now more than ever, we all need to step back and analyze everything any Democrat says.

Their ass backwards chaos/confusion strategy is bloating to the highest levels in History, more lies and higher impact lies than ever before 🙄

Just stop and think about how those 2 big money Congress Bills are being "handled" and "sold" to the Public 🤣🤣

And the same f#ks doing the selling are the same f#ks that will be screwing up the provisions of those 2 Bills 🤣💡



posted on Oct, 29 2021 @ 11:26 AM
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originally posted by: joejack1949
I've got a question for all of the economists here, what is the best way to combat inflation?


Stop printing money.



posted on Oct, 29 2021 @ 11:31 AM
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a reply to: starviego



Is minting a $1 trillion platinum coin the answer to the debt limit crisis?
Treasury Secretary Janet Yellen shot down the idea, calling it a "gimmick."
ByMichelle Stoddart
October 7, 2021, 11:27

abcnews.go.com...



posted on Oct, 29 2021 @ 11:32 AM
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Right. And guzzling more alcohol the morning after will cure your hangover.

#LetsGoBrandon



posted on Oct, 29 2021 @ 11:47 AM
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a reply to: carewemust

They'll find an excuse.
They always do. Probably find a way to make it Trumps fault, actually.



posted on Oct, 29 2021 @ 11:57 AM
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originally posted by: starviego

originally posted by: joejack1949
I've got a question for all of the economists here, what is the best way to combat inflation?


Stop printing money.


Wouldn't a reduction in the money supply also damage the economy?



posted on Oct, 29 2021 @ 12:36 PM
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Why do I get the feeling creditors are calling, and DC is filling their drawers? The harder they try to push this Cure It with Moar of What Began It, the more it looks like we're flat #ing broke with someone abroad breathing down our necks ominously. And I'm not even convinced it's China, who else that could make us piss ourselves are we stuck owing debt to that we cannot afford to pay? Because a broke superpower with egg on their face might be real easy to make one's bitch.



posted on Oct, 29 2021 @ 01:00 PM
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You can't really just blame Biden and the Democrats. Quantitative easing has been an ongoing economic phenomena for decades and several administrations now. The inflation has been a long time coming, the current administration is simply accelerating it with unchecked spending.

The problem is there is only two solutions to inflation created by overprinting currency and paper commodities; like gold.

One way, is to increase resources, but at this point to balance the books, we would have to expand our resource acquisition beyond the confines of this planet and utilize the resources of the asteroid belt, the planets and the moons of the solar system. They still seem to be slow rolling that endeavor.

The other way is to remove excess currency and paper commodities from the system, through taxation.

When, they finally start taxing peoples potential profit; aka savings, and start looting peoples 401ks and retirement, than people will finally realize what method they have decided to implement.

You will own nothing, be happy.


edit on 29-10-2021 by themessengernevermatters because: typo

edit on 29-10-2021 by themessengernevermatters because: addition

edit on 29-10-2021 by themessengernevermatters because: typo



posted on Oct, 29 2021 @ 02:15 PM
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a reply to: neo96

What stupidity! This is the level of intelligence representing us? Lord help us all, We are screwed.



posted on Oct, 29 2021 @ 02:35 PM
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originally posted by: joejack1949
I've got a question for all of the economists here, what is the best way to combat inflation?


1. Significantly reduce federal deficit spending
2. Start raising federal interest rates
3. Eliminate the 2 primary factors affecting the US supply chain: rampant welfare that is anathema to low level workers actually working and scrap these idiotic COVID mandates that are creating artificial worker scarcity.

Inflation problem solved, economy growth sustainable.



posted on Oct, 29 2021 @ 03:08 PM
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the plaque of inflation is addressed by three components that serve to remove excess money from . . . well, from you backside.

the first, is widely recognized as higher interest rates.
the second, which you love is taxation. Especially if it looks like it will tax someone else.
the third, is higher prices.

now, seeing that all three of these are coming into play, and that the government is accepting of all three,

you really should

start looking for another job

that increases your take home pay by a rate equal to the sum of the three - taxes, interest, prices

or you can remain in your cozy little world and complain



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