Lol if you think bitcoin where 90% of the wealth is concentrated in the hands of 1% of bagholders is somehow any better good God you're clueless. Bitcoin is more corrupt than the dollar
The people trying to cheerlead stagflation into existence (which isn't just the right wing crazies, but huge elements of the so-called center left because reasons) are having a rough year.
You should probably stop talking about things you don't understand. It hasn't gone well for you in this thread, and this won't be any different.
Are you high? What in the world have i said that has been wrong. Its you that have not made a single point. Yes I stand by my claim that deficit spending is 100% okay as long as you spend it the right way. Any sort of inflation by nature causes currency debasement so what the hell is your point? You keep painting yourself as this smart crypto guy but you've made no point. You think bitcoin is decentralized? Have you seen the distribution curve of bitcoin? Yes deficit spending is 100% proper if invested in the right channels and not tax cuts and credits for the wealthy. WTF am i saying wrong here that you think you're right
They just don’t understand both monetary and fiscal policy work together. What you spend the money on or don’t matters a lot
They keep trying to make it seem like spending 1 dollar is spending 1 dollar but its not true. Giving billions away to oil and gas companies or wall street tax credits isnt the same thing as giving a starving family of 4 an extra 100 bucks per month. They just dont get it
Show me these starving families. I want to buy them groceries. We need to give food vouchers to these starving families. I can't believe nothing like this exists.
Child tax credit literally cut childhood poverty by 50% and cost less than 100b a year.....well worth it. Millions of kids were lifted out of poverty
There are programs like WIC and other food aid. Even so there are still many going hungry. You can Always donate To your local food shelves now and doing that is much better than just buying individual meals.
Powell doesn't deserve any credit. If you listen to his FOMC meetings he clearly said last year the usa needed a recession and that's what he wanted. It was bidens spending and other measures that kept us out of a recession. Nothing to do with powell.
Bidens student loan pause injected 25-30b a month into the economy. His stimulus + child tax credit + chips/infrastructure/IRA spurred enough speculation that businesses didn't risk letting go of employees. It's fascinating how the deranged media brainwashed everyone into thinking we were in a recession. Insanity
@AroundTheWorld If these people are fat, then they aren't starving. Where are they getting their food?
If families are starving, its not for the lack of charitable food. Its a lack of them getting it. Also, hungry and starving are two different states. Unless we are talking about starving from nutrition, but that is a whole different conversation.
