Exactly why we should be leading the way on crypto so as the world moves towards it, the digital USD can be the reserve currency.
$4.40
- Thread starter SHUSA
- Start date
Exactly why we should be leading the way on crypto so as the world moves towards it, the digital USD can be the reserve currency.
Jerome Powell the other day said that there can be two reserve currencies in the world. Boy are we in trouble!
Digital means the government can turn your money on and off on a whim if they don't like what you say or do. Look what they just did in Canada and we're not even full digital. Very scary.
But they were trying to prevent centralized banks / services from transactions with certain wallets.
That is significantly easier to accomplish outside of crypto, and you really can't do that with crypto because those bank's can not prevent wallet to wallet transactions and converting it to other assets on decentralized exchanges.
A
anon_ezos2e9wn1ob0
Guest
National debt increased 7 trillion under Trump. His fiscal policy was reckless like every other politician.
Because unions do have higher salaries and better benefits than non-unions. The diminishing middle class can be directly attributed to the diminishing membership of union workers especially in traditional union jobs in factories, cars, steel etc. this was the backbone of the country.
Any incentive to go buy electric is good for me. My next vehicle will be electric. And I can’t wait.
Tom I have not seen you in LOTS much you are sort of new to this board but I have already debunked this in a thread awhile ago. You clearly are a Trump guy. But as is usually with the cult, the truth doesn’t matter, it’s what the overlord says and his ministers of propaganda say is the truth.
Spending under Obama increased by an average of 3.6% per year even including spending related to fighting the recession.
Spending under Trump increased by 5.1% per year excluding the impact from the pandemic.
Add in the pandemic year and that goes up to 17% on average.
Trump was not doing anything to curb spending.
this came out just this morning
FACT SHEET: President Biden to Sign Executive Order on Ensuring Responsible Development of Digital Assets | The White House
Outlines First Whole-of-Government Strategy to Protect Consumers, Financial Stability, National Security, and Address Climate Risks Digital assets,
the US dollars day as the reserve currency is over. its an inevtibale cycle thats happened to every supreme nation since the beginning of time. and now the climate is set for USD to fall out
Possible, but I do think we will eventually back a digital dollar and push for the USD to be the crypto global reserve currency.
this came out just this morning
FACT SHEET: President Biden to Sign Executive Order on Ensuring Responsible Development of Digital Assets | The White House
Outlines First Whole-of-Government Strategy to Protect Consumers, Financial Stability, National Security, and Address Climate Risks Digital assets,www.whitehouse.gov
My God, they're bold enough to say the quiet part out loud now. Frightening.
That’s a broad brush with talking points. The question should be, why has union membership declined.? And Why not just offer incentives to those companies with a floor wage rate?
Like you really need an incentive… Lol. Why not direct them at the people who really do?
perhaps changing your tune lol?
what to do with this info idk. essentially its saying we are boned.
No president since Clinton has done anything to curb deficit spending and not increase the debt. And most only care when it's not their side doing it. We see that on here and in the general populace.
U.S. Budget Deficit by Year Compared to GDP and Debt
The federal budget deficit rises when government spending is high, such as during wars or recessions. Budget deficits cause the national debt to grow.
He did rebuild the military that Obama decimated and of course in 2020 there was the Covid spending. But every year when the budget deadline loomed, he tried to make cuts as I stated above. The threat of government shut down being blamed on the Republicans always does the trick.
Only $65 billion, or 6.7% of the infrastructure bill will go towards Power Infrastructure, which includes the electrical grid.
Good luck with that.
Bipartisan Infrastructure Law Summary
A
anon_ezos2e9wn1ob0
Guest
So the president just signed stuff to avoid being blamed?
Really strong principles right there.
He said 10% goes to infrastructure as a whole. Not just Power infrastructure. His claim was 90% is pork. Just not true.
In a democratic republic, you have to consider the next election and how your actions will be perceived. Can we at least all agree that spending is the issue and that anyone that supports cutting spending should be commended? And please don’t tell me that the deficits were caused by trumps tax cuts as they actually increased revenue as they usually do. Look it up. It’s the spending that causes the deficits!
A
anon_ezos2e9wn1ob0
Guest
U.S. Federal Government Tax Revenue
The federal government generates tax revenue through sources like income and corporate taxes. Learn how much tax revenue the U.S. generates each year.
Obama’s last year revenues were $3.27T and they were $3.71T in Trumps last year or $44B higher. And Trumps tax plan was implemented in 2018 so it had only three years to increase the revenues. Same thing happened with Reagan’s tax cuts where revenues from Carter’s last year to Reagan’s last year almost doubled. Yet the left and the media for years blamed the deficit under Reagan on the tax cuts. A simple analysis of the numbers would show that it was caused by the runaway spending. Same old left-wing strategy, tell a lie enough times and some will believe it.
Last edited:
I remember that too
I think was either a late night show or maybe it was Jesse waters
And the most important infrastructure we could possibly add did not get one penny. That would be the wall along our southern border to stop the invasion.
Everyone should read the book total power, a Vince Flynn novel written by Kyle Mills. Make you want to get a gun and emergency food. Eye opening of what the world would be like inside 2 weeks
