Comments by "Rune of Svalbard" (@vladimirofsvalbard9477) on "ClearValue Tax" channel.

  1.  @HumbleTrader001  "We pretend to work; they pretend to pay."
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  2. The 'interest problem' is relatively new as it's causing enormous upheaval in Congress. The debt issue isn't an issue when Congress can print to kingdom come in an economy that can partially keep up with GDP.
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  3.  @Johnwicker1903  Unless Americans are prepared to ditch Social Security and Pensions; a collapse is inevitable. I know some people will disagree, but those two items form not only a massive asset bubble, but also most of our public debt. Both of which have to be inflated (COLA) in order to maintain to original value. Auto-pilot programs accounts for 74% of all spending. Nothing will change unless they are fried or reformed.
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  4. Can't say I've ever 'quiet quitted'; I simply quit when I get taken advantage of. 66 hours a week; 6 days a week running a day cab for Anheuser. $70,000 a year, but not worth wasting my life away. I've worked for many companies over the years and it makes absolutely no sense to go above and beyond your duties. All the while your co-workers get paid the same exact per hour to NOT do the same thing. The entire idea of an hour wage long-term is laughable. Why am I getting paid $20 an hour, while putting in three times the effort than my other co-workers. Corporate hourly wages are completely antithetical to Price's Law.
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  5. A flat tax would significantly harm anyone in the lower class or lower middle class; as most of them pay very little taxes. You would quite literally impoverish and/or push millions of lower income families on food stamps.
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  6. @sebastianlucas704 If that happens, inflation goes thru the roof; as your lowest tax revenue source is your largest vessel of market demand. All those tax dollars would increase demand (not only in markets, but in banking loans as well). It would really be no different than some of the Democratic plans to give first time home-buyers $10-$25k. $10k per child would be nice, but we already saw how a $3k tax credit helped fuel food inflation in 2021-2023. The idea that it would allow low income workers to save better and create more GDP for the economy almost never happens. It would all go into consumerism and Amazon, Walmart, and real-estate would inflate. The goal here is to balance the markets. You want to give monetary incentives that don't give people a reason to be greedy.
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  7. Gold should be a small portion of your portfolio, but going all in on it is stupid. There's a reason the gold-standard was abandoned. Gold values have skyrocketed the past 40 years because they're almost exclusively held between London and Zurich. If everybody jumped off the USD and went for gold; it's value was plummet as it saturated the market. Again, gold is holding value because there's a large amount of it not available to the public being traded on paper.
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  8. $500? Jesus I've had mine for 10 years and I'm married now. The bill has always been between $75 and $150.
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  9. I can't believe some of the comments coming from Trumpers; Oh wait, maybe I can because they never make any sense. How can people literally believe that tariffs will replace income tax, BUT ALSO that their import prices will not inflate?
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  10.  @Ja56780  Ross Perot took 20% in 1992, while Bush Sr. and Clinton were relatively well liked. Trump and Biden have the worst approval ratings in US history. He CAN win!
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  11.  @lance8080  I'm not so sure, even if you eliminate the cost of labor; you still have to deal with US asset prices and regulations; real-estate, zoning, EPA, shipping etc. Prices are simply too high in the US. Deflation is needed, but we can't have that until you reform SS, Medicare, or public Pensions.
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  12. Gotta get more B12 guys
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  13. Supply and demand are still in existence here. If corporations were ripping you off; then buying at a local farmers market would be cheaper, but it's not.
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  14.  @bauerm781  I don't recall him being biased or saying that they're viable.
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  15. Honest people don't run for President typically.
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  16. Not really, considering firms own approx 2.5% of all single family homes. The reality is that it's Boomers and Gen X that are individually buying the homes and then renting them out for speculation.
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  17. There's nothing you can do; political speaking. Get rid of your debts, store your cash in commodity assets, and stay out of the way of the mob and government.
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  18.  @tylerthayer6673  Believe it or not, but corporations are giving you the best prices. I know everybody hates them, but you'll simply pay more for smaller competition. It's because they can compete with scalable models and small business can't.
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  19. How is he going to axe epa regulations?
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  20. It's the culture; once people accept that, the rest will make sense. America is a circus for gambling and virtue signaling.
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  21.  @helloitsmehb  Better than having a cesspool of third parties like Canada or Europe.
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  22. Anybody who is invested in bills, notes, or bonds.
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  23. All the deficit problems come from the inflation of Social Security, Pensions, and Medicare. Until those are reformed; nothing will changed. They'll kick the can until they are massively diluted or the bonds default.
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  24. Please, prices a controlled by supply and demand. If corporations were price gouging; then you'd be able to get a lower price at a smaller business. But you can't, because corporations offer the lowest price available for the overhead cost of doing business.
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  25. @ Food is easily the the most elastic market in the entire US. The entire idea is about using competition to reduce price. Try growing your own food and index the cost/time is takes in comparison to major retailers. There's no contest. My initial point was that I simply grow tired of people whining about food costs when it would take a considerable higher cost to do the work themselves.
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  26. I'm 31 (conservative all my life) and this was blatantly obvious. How people think that Trump would have magically been the President to downsize everything is wishful thinking based on 'nothing'. Every President since Bush Jr. has outspent the last due to the growing debt crisis and problem with auto-pilot programs. Biden outspend Trump and I can guarantee you that Trump 2.0 will outspend Biden. Not to mention grow the size of Federal Government. People need to start looking at the math and stop watching political influencers.
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  27. Same! Except being articulated usually makes people think you're autistic or watch weird things. SO in the end, you still lose. Introverts can never win socially; they can only win financially lol
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  28. The debt crisis won't be fixed until SS, Medicare, and Pensions are reformed. Doesn't matter who is in office.
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  29. That's a good way for the US to go into hyperinflation to cover it's existing debts lol
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  30.  @IndependenceCityMotoring  Bud, please stop for a second; you keep posting this. Where on earth did you hear this because it makes no sense. Our taxes are getting lowered? When? Trump tax cuts expire at the end of next year. Are you inferring that tariffs will be offset by lowered taxes? Again, where and when? Lastly, if consumers are going to favor domestic goods; then inflation will go up regardless.
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  31. Nuts and honey are literally up anywhere from 70& - 110% since 2020.
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  32.  @jodiehighroller9820  The bottom 50% of the income distribution pays 3.04%. I think you'd be surprised how much the top quartile pays; let alone the top 10%.
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  33.  @josephmoodler2711  Why would you assume that dissenters are watching CNN? Perhaps we disagree based on economic fundamentals. It's always easy to see where people are getting their information. Someone claiming that prices will go down due to (a decrease in food stamps going to illegal aliens) is quite obviously a Fox News garbage point.
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  34. Insane how different government agencies are trying to enforce a law that is punishable by fine/jail while other agencies are actively defying it. Ever since the 2010s, I've felt as if different portions of our government have been for sale to billionaires and foreign adversaries.
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  35.  @maxlogan7388  To be fair, he said (I love the education and I love the uneducated). Context is important for objectivity.
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  36.  @blorg7174  Poor people don't put in that much; believe me. Don't assign virtue out of ignorance; they're poor for a reason. I'm well aware inflation is up, but people are doing badly because they took out loans they couldn't afford several years ago. That's basically everybody with an income problem right now. Of course there are out-liars, I personally have had to pay some $30k in medical debt the last 2 years, but I didn't become poor over it. An overwhelming majority of people can't afford life because they're liabilities are too high; mainly from loans.
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  37. Tariffs reduce demand and lowering interest rates spikes it. Sounds like they're plan is to try and balance the two; though I'm not sure tariffs would reduce demand so much that it would help. If you lower rates, all the new inflation will go towards auto and real-estate; as usual.
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