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It's a matter of Bidenomics!

Discussion in 'BBS Hangout: Debate & Discussion' started by adoo, Jun 28, 2023.

  1. astros123

    astros123 Member

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    Obama cut taxes as well as part of his debt ceiling deal with Republicans?
     
  2. Exiled

    Exiled Member

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    EnronEconmic :

    U.S. homelessness rises 18% amid affordable housing shortage.

    Yellen: S.O.S we need to print more money within 2 weeks

    folks here luv to be the cheerleaders for the sake of cheerleading, but are there any useful suggestions to mitigate, back in 2020 I simply put as much as possible money into real estates, BUT this time ...more tricky..
     
  3. Os Trigonum

    Os Trigonum Member
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  4. Tomstro

    Tomstro Member

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    They are in the process of booby trapping DC for Trump right now.

    The entire Biden economy was a lie. Job numbers were all lies and since revised. Inflation numbers lies. Treasury was handed a huge cash surplus. Yelen just emptied the rest of it this week.

    She has ****ed up the bond market selling to many short term bonds at high rates that will come due shortly after Trump comes in.

    They just approved another $2.3 billion for Ukraine.

    Insane y’all
    They looted it all.


    I knew when he appt her, and everyone clapped because it’s a woman
    How brave!!!

    She sucks y’all
    She broke a bunch of ****
    And it’s gonna be an issue
     
  5. LosPollosHermanos

    Supporting Member

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    lol the majority of the country spoke in this landslide

    say no to bidens puppet masters
     
  6. adoo

    adoo Member

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    ur confused / mixed up

    monetary policies are within the responsibility of the Federal Reserve, not the Treasury dept which Yellen heads







     
  7. adoo

    adoo Member

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    dizzying height of willful ignorance.


    like every POTUS since Warren G Harding in the 1920s, Trump 1.0 incurred more debt than his predecessor


    Trump Built a National Debt So Big (Even Before the Pandemic) That
    It’ll Weigh Down the Economy for Years


    .
    The national debt has risen by almost $7.8 trillion during Trump’s time in office. That’s nearly twice as much as what Americans owe on student loans, car loans, credit cards and every other type of debt other than mortgages, combined, according to data from the Federal Reserve Bank of New York. It amounts to about $23,500 in new federal debt for every person in the country.​
     
    #3147 adoo, Dec 30, 2024
    Last edited: Dec 30, 2024
  8. Xopher

    Xopher Member

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    No. They didn't. Less than half the voting public voted for Trump.
     
    juicystream likes this.
  9. Exiled

    Exiled Member

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    U.S. Treasury

    Prints money,
    advises the President on economic matters, and sells paper currency to the Federal Reserve Banks at manufacturing cost. The Treasury also keeps a checking account with the Federal Reserve to handle government payments and tax deposits

    But probably you're right, all she does actually is to express her concern of defaulting & urge congress to increase debt ceiling ,then that turtle disappears until the next deadline
     
    Invisible Fan likes this.
  10. juicystream

    juicystream Member

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    Not to mention the non-voters outnumbered either candidate.
     
  11. GOATuve

    GOATuve Member

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    No. They voted against Harris (smart) which was the only reason Trump got elected. You guys put idiots like Harris in power and you get what you deserve
     
  12. CrixusTheUndefeatedGaul

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    These idiotic woke clowns are still rationalizing what went wrong. I hope they will never wake up because America will be thriving if their heads are in the sands.
     
  13. Xopher

    Xopher Member

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    I understand you are too stupid to comprehend, but less than 50% of those who voted cast a vote for Trump. He did not win a 50% pluarlity of the vote.
     
  14. GOATuve

    GOATuve Member

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    Aww....little Xopher's feelings are hurt. Did they not give you your bottle this morning? He won. Harris lost. Live with it or don't. Maybe next time they won't run an idiot like Harris but it seems they're going to run Newsom. One of the most unlikable people ever. Dumbocrats have completely lost it.
     
    Tomstro likes this.
  15. Tomstro

    Tomstro Member

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    Trump won all the swing states and he won the popular vote by 2 million. That is an ass kicking. The new line for lefties is to say that he didn't get “half the votes of the voting public”. They are all saying it now, it’s the newest stupid trend. They are leaving out that kamala got even less votes from the voting public than trump did. Kamala was a massive DEI disaster for the left.
     
  16. Xopher

    Xopher Member

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    How about you read the post I was responding to you clown. Los Dumbass Hermanos said it was a "landslide". It wasn't close to a landslide. He didn't even win a 50% plurality. Now get off my dick and stop responding to anything I post. ****ing douchebag.
     
    #3156 Xopher, Dec 31, 2024
    Last edited: Dec 31, 2024
    dmoneybangbang likes this.
  17. adoo

    adoo Member

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    print $, as in expanding the $ supply in circulation. that is done by the Fed
    • lowering the discount rate
    • open market purchases of market securities from the public
    these are monetary policies, which are the responsibility of the Fed, not the Treasury


    https://www.investopedia.com/ask/answers/082515/who-decides-when-print-money-us.asp#:~:text=Normally, you'll see the,and services and economic growth.

    The job of actually printing the money that people withdraw from ATMs and banks belongs to the Treasury Department's Bureau of Engraving and Printing (BEP)

    The amount of currency printed by the BEP each year is determined by the Fed, who submits an order for it to the BEP. The Fed then distributes that currency
    via armored carrier to its 28 cash offices. In turn, that is distributed to 8,400 banks, savings and loans and credit unions across the country.

    Thus, The Treasury Department itself does not directly affect the money supply by "printing money"​
     
  18. Tomstro

    Tomstro Member

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    All lefties want statehood for DC.

    Duh
     
  19. adoo

    adoo Member

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    willfully ignorant on your part.

    the GOPers in DC want statehood

    https://www.theatlantic.com/ideas/a...s-used-back-dc-statehood-what-changed/619221/

    Eisenhower was the Republican POTUS in the 1950s pushed for statehood for DC,

    “In the District of Columbia the time is long overdue for granting national suffrage to its citizens and
    also applying the principle of local self-government to the Nation’s Capital.”​
     
  20. GOATuve

    GOATuve Member

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    I
    Is this what you do on NYE?

    You're the biggest shill ever. Doesn't matter. Dumbocrats are getting crushed. Keeping having blind faith though
     

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