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Grim Affiliations
Michael Bordenaro
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Comments by "Grim Affiliations" (@grimaffiliations3671) on "Michael Bordenaro" channel.
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his tariffs would cause stagflation
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he'll move the goal post
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What weimar problems do we have lol
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government debt is private sector assets, so you're saying the private sector is too rich
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@Damn-h4e Learn double entry book keeping. Every liability has an asset on the other side. We own the assets on the other side of the governments liability
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@bpb5541 maybe because its super small compared to the others
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@RickyEnEspanol downturns happen when the government reduces deficits. That aint happneing right now so we aint getting a downturn
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detroit is making a comeback
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We're doing much better tha the Reagan "boom", in terms of growth and unemployment. And inflation has actually gone up the same amount
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blue areas are the most in demand, even in red states
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thankfully republicans haven't scrapped social security yet
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@RmAndrei93 Thee fed has full control of interest rates. So there's no risk of the debt getting out of hand. Besides, even selling bonds and adding to the debt at all is optional. There's no rule that says you have to match deficits with bond sales
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and there are seriously republicans who want to cut social security by 20%
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@LockedUpLarry ?
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@ThunderStruck94660 How do you know trump loves this country? Because he says he does? He loves himself and his elite friends
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@MIUBHI007 the rich are walled off, so they're fine blocking new housing because they dont have to deal with the homeless
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@paulcarlson4230 how come regular people have to pay taxes on unrealized gains on their homes but everyone loses their mind if you suggest the elites pay taxes on unrealized stock increases
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the governments "debt" is our asset
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@Valmontst cope
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@azmike3572 Yeah, the vast majority of most cities and suburbs are zoned for single family homes only. It's not wonder supply hasn't been able to keep up with demand
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@carltonshore8843 yeah because the legislature repealed their own tax cuts after the state fell apart, they even overrode the govrnors veto to do it. Those tax cuts are a big reason they have a dem governor now
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@11Bravo84 do you have a wealth fund based on a tax on oil profits like alaska?
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hope their land value tax proposal goes well, seems like a no brainer to me
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they're packed where i am
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we're booming. Numbers > feelings
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sovereign debt crisis is a myth
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its not transfered anywhere
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plenty of private sector indicators back up thier numbers
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@markm391 aren't you tired of inflation? Tariffs = inflation
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@gabrielw7773 Because people like Trump keep pushing single family home mandates in our cities and suburbs
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@ericprieto4348 trump recently came out in favor of single family home mandates, so he clearly wants low supply and high prices
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@francismarion6400 if you cut taxes by a trillion, you hurt the government revenue by a trillion. That's a deficit. Unless you match that tax cut with revenue elsewhere, you will have increased the deficit
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@francismarion6400 ok, but that's assuming tax cuts are accompanied by spending cuts. I'm talking about tax cuts alone, they obviously increase the deficit
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@francismarion6400 you said the deficit only increases if the government spends beyond their budget, but revenue obviously determines the size of their budget
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The GDP was only 1.6% because of a drop in net exports. "core GDP" made up of consumption & fixed investment actually grew at 3.1%, a very strong print
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@TheSerenity63 if taxation is theft because the government takes what it didn't earn, doesn't that make all private property theft? After all, you didn't earn the land
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@HillyBill38548 im just saying, isn't the logic accurate?
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@HillyBill38548 i agree that taxes should be more geared toward capital than labor, but saying taxation itself is theft doesn't really add up. Because you could use the same argument to say all private property is theft
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@bpb5541 the US doesn't need anyone "lending" it money. It makes the money
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i think EV's will get so efficient and reliable and cheap that ice vehicles will go out of style on their own
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The government needs to get out of the way, but sadly people like trump support government red tape telling you what you can build on your own land
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two randos tried to shoot trump, and this proves the BLS is faking jobs numbers
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@hotmic4045 It doesn't have to be concrete, thats why i asked for a ball park. Otherwise is all just pIssing in the wind. You say it will crash when they cut, that seems like a pretty concrete prediction to me. Thats much better than cryptic ambiguous statements like the one on this post. Although, If it really is when you least expect it, then what use are historic data?
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doom sells unfortunately
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@Ziegfried82 You've got to be stagnating to be in stagflation and we're doing the opposite. We're growing a twice the rate of the next strongest g7 country
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the grocery store is too monopolized for that. 4 or 5 companies own everything there
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@bpb5541 appreciation isn't the same as inflation
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@MikeS-7 That isn't true. We've borrowed tonnes since 2022 yet inflation has only fallen since then
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@BonoboMonkey That's fine, but maybe then you shouldn't be whining about inflation?
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@MikeS-7 Then how come the 0 interest rate policies of the 2010's didn't cause inflation despite all the government borrowing back then? Or all the borrowing during ww2 despite the low interest rate environment? What about Japan, they've been struggling with deflation despite very low interest rates and the highest debt to gdp ratio in the world
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