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Piccalilli Pit
maneco64
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Comments by "Piccalilli Pit" (@piccalillipit9211) on "maneco64" channel.
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PRINTING MONEY IS NOT A PROBLEM leaving that money in circulation and NOT taxing it back in IS the problem...!!! And that means taxing the rich, cos thats where it goes to. Risi Sunak when he announced the furlough schedule said "WE WILL HAVE TO TAX THIS MONEY BACK OUT OF CIRCULATION" and then never did and BOOM 12% inflation.
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well the US has not won a war for 70 years so thats not an option. There IS another option - but it will never happen, TAX THE RICH. Take the excess money OUT of circulation, pay off the debt, thats all you have to do. But you cant do that cos the rich used the free money to buy the politicians.
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You cant because you over-weaponised the $USD with sanctions on Russia and tariffs on China - so people are no longer buying $ US Treasury bonds with the spare $USD from trade surplus. So you are HAVING to give much higher % on bonds to get people to buy them now they are seen as "unsafe"
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HAHAHAH thats good
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NOT quite true - the problem is they never taxed the money back off the rich - which is where it migrates to. And they knew they had to - but tey decided just to make rich people richer. Rishi Sunak when he announced the furlough schedule said "WE WILL HAVE TO TAX THIS MONEY BACK OUT OF CIRCULATION" and then never did and BOOM 12% inflation.
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:"everyone wants to do is make videos and get attention". thats not true - its a lazy generalisation. I have to monitor what Gen Z does as part of my job, they are amazingly industrious and creative, they have a deep love of old "real" things, many of them would LOVE to hand on repair a car, they would video what they are doing - but thats just life in 2024. Thats how they communicate.
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