Comments by "Dan A" (@DanA-nl5uo) on "World Affairs In Context" channel.

  1. Tariffs only add cost to the American consumer.
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  2. We have seen what happens when a country with high debt turns to military force when facing currency collapse. Welcome to 1930s Germany.
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  3. So Europe is leaving the dollar and also having 2 different currency systems one for the oligarchs and one for the rest of Europe. I can't see that ending badly...
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  4. Just give every American citizen a federal reserve account and remove the for profit middle men.
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  5. We could cancel the SpaceX contract where they keep blowing up billions of dollars on each launch.
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  6. We have a left party and candidate it is Jill Stein and the Green party on the ballot in November
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  7. The irony there is that trump appointed Powel and now he is asking for him to resign.
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  8. Maybe they should try trade agreements instead of going to war.
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  9. The only problem with Medicare is the payment cap limiting how much the wealthy pay to support society. If we lift the cap and make the wealthy pay the same percentage as the working class Medicare taxes on the working class would decline to almost nothing.
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  10. The Triffin dilemma shows why the country that holds the currency of international trade must be debt based in a global economy
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  11. austerity politics always fails and results in harm to the working class.
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  12. Sure but the Supreme Court ruled that the president can't be charged with any crime related to his official duties and the appointment to fill that position is an official duty so watch out.
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  13. Sure you are not in control of the currently the debt is held in.
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  14. Which is worse than Elon telling people you are fired?
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  15. ​ @30yearstockcycle you do know that banks loan something like 90% of all new money into existence. The fed money creation is trivial compared to banks. When you take a lone the bank only has 10% of the money.
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  16. ​ @taniadavenport2939 individuals don't control the monetary supply. So long as you control the value of the currency the debt is held in you control the value of the debt. It is impossible for the government that has debt in their own currency to lack currency to pay it. They literally control how much currency there is of that type
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  17. Volcker slammed the brakes on the economy by raising interest rates to 20%
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  18. ​​ @ragnariskat6214 you would have to arrest the entire government starting with Trump. Kellyanne Conway went out and admitted the last trump administration as based on alternative facts.
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  19. Yes
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  20. Wow you are full blown authoritarian
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  21. It was all added to the national debt that is sold on the bond market. Same as the rest of the military budget.
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  22. Sounds like someone is envious.
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  23. ​ @alrent2992  projection
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  24. So you are going to take a mortgage for your household share and pay the treasury?
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  25. The board of directors it is a standard private organization structure
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  26. Fiat currency is the main reason thank Bertionwoods for fiat currency and Nixon for leaving the gold standard
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  27. Lol I don't think the convinced felon should put people in jail
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  28. ​ @bjabbbjabb1286 you threatening people now???
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  29. Ironically the national debt and the defense budget match almost dollar to dollar when charted post WWII.
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  30. ​ @30yearstockcycle then you know the "keys to the printing press" is infact 90% in the hands of the for profit private banking sector already. Not congress.
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  31. ​ @richardenders6606 it is called a fractional reserve look it up.
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  32. ​ @Bobbyelijah when you talk about the will of God you are TFG.
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  33. Wonder how much Musk paid for this post
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  34. The debt wull never be paid. As BRICS moves away from the dollar the debt will enter default. It will be ugly for Americans same as it was for Greece or the 3rd world debt crisis countries.
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  35. ​ @robertshilling5102 😅 capitalist absorbing additional costs. That is a good one. More likely they will mark up the price higher than the tax and increase the profit margins like we saw with greed inflation during covid.
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  36. That is a wealthy person not needing the government in times of crisis. When a crisis hits the country the government needs to spend more than it taxed society for the year. The government is in effect the national insurance for society. If a hurricane hits or earthquakes it is the federal government that has to come in and rescue the citizens stuck in the daster zone. That cost is a unknowable future burden when the tax rates are set. The problem is debt for a military budget that is a know thing. Which since the second world war is almost dollar to dollar equal to our debt.
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  37. ​ @nobodynever7884 and will soon he in the oval office
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  38. Hyperinflation see Weimar Republic
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  39. The debt is the past military budget. Graph the post WWII budget and debt you will see the same lines on the graph
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  40. Government employees buy real goods in our economy with the incomes from those jobs you call fake.
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  41. Richard Wolff has your answer ask him.
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  42. The spent it all on Israel genocide in Gaza
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  43. Gaza isn't about oil and gas. The Palestinians would have been happy to sell those resouces on the free market the Zionists wouldn't allow them to even float a row boat in the water to fish let alone drill for oil and gas. This was always about genocide for the last century
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  44. ​ @piotrc7003 so your argument is we need to take debt to give you money so you can buy bonds we pay intrest on? That sounds like heads you win tails we loose.
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  45. ​​ @russgould707 he got the job during Trumps first term. So he had the power the same way he put 3 judges on the Supreme Court
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  46. ​ @vaska1999 I thought trump only hired the best people how could he be as bad as you say?
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  47. ​ @photon3999 unfortunately the capitalist selling the house will just raise the price to match your income. Housing is the worse example of setting the maximum price people can afford. You should had argued car loans.
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  48. Same countries too. They just need Poland to join Germany and Ukraine it the war against Russia. Guess they think 3rd time is a charm...
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  49. They did that to make the Biden administration happy it was done directly after Biden did it in the usa. It was when they thought they would stand with the usa as friends.
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  50. Quote from your grandparents
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