Are we printing money or borrowing again? - Trapperman Forums

No Profanity *** No Flaming *** No Advertising *** No Anti Trappers ***NO POLITICS
No Non-Target Catches *** No Links to Anti-trapping Sites *** No Avoiding Profanity Filter

Home~Trap Talk~ADC Forum~Trap Shed~Wilderness Trapping~International Trappers~Fur Handling

Auction Forum~Trapper Tips~Links~Gallery~Basic Sets~Convention Calendar~Chat~ Trap Collecting Forum

Trapper's Humor~Strictly Trapping~Fur Buyers Directory~Mugshots~Fur Sale Directory~Wildcrafting~The Pen and Quill

Trapper's Tales~Words From The Past~Legends~Archives~Kids Forum~Lure Formulators Forum~ Fermenter's Forum

~~~ Dobbins' Products Catalog ~~~

Minnesota Trapline Products

Please support our sponsor for the Trappers Talk Page - Minnesota Trapline Products

Register Log In Home Forums Trapper Talk Are we printing money or borrowing again?

Print Thread

Hop To

Page 2 of 2

1

2

Re: Are we printing money or borrowing again? [Re: Foxpaw] #7222755 03/21/21 02:21 PM 03/21/21 02:21 PM
Joined: Aug 2013 Posts: 367 South West Pennsylvania W Wingshot trapper
Wingshot trapper W Joined: Aug 2013 Posts: 367 South West Pennsylvania	Taxpayer dollars can not possibly fund the rampant spending the govt. does. Tax dollars primarily fund entitlement programs and the fed just prints the rest for all the pork barrel crap. Therein lies the unsolvable math problem. Hyperinflation will hit, it’s not a question of IF but WHEN.

Re: Are we printing money or borrowing again? [Re: Foxpaw] #7222763 03/21/21 02:29 PM 03/21/21 02:29 PM
Joined: Jun 2012 Posts: 3,833 KY.usa rex123 trapper
rex123 trapper Joined: Jun 2012 Posts: 3,833 KY.usa	That sound when you flush the toilet. That's what is going to happen.

Re: Are we printing money or borrowing again? [Re: Wingshot] #7222769 03/21/21 02:43 PM 03/21/21 02:43 PM
Joined: Dec 2010 Posts: 11,201 Armpit, ak D Dirt trapper
Dirt trapper D Joined: Dec 2010 Posts: 11,201 Armpit, ak	Originally Posted by Wingshot Taxpayer dollars can not possibly fund the rampant spending the govt. does. Tax dollars primarily fund entitlement programs and the fed just prints the rest for all the pork barrel crap. Therein lies the unsolvable math problem. Hyperinflation will hit, it’s not a question of IF but WHEN. What's it called when the price of OSB doubles. Officially it is called 2% inflation. Who is John Galt?

Re: Are we printing money or borrowing again? [Re: trapperkeck] #7222824 03/21/21 04:42 PM 03/21/21 04:42 PM
Joined: Jun 2007 Posts: 16,150 Tennessee Scuba1 "color blind Kraut"
Scuba1 "color blind Kraut" Joined: Jun 2007 Posts: 16,150 Tennessee	There aint enough trees on the planet to print us out of the debt the gubbernment has put us in. Last edited by Scuba1; 03/21/21 04:42 PM. Let's go Brandon "Shall not comply" with morons who don't understand "shall not infringe."

Re: Are we printing money or borrowing again? [Re: Dirt] #7222825 03/21/21 04:44 PM 03/21/21 04:44 PM
Joined: Dec 2006 Posts: 21,716 Sandhills Nebraska G Gary Benson trapper
Gary Benson trapper G Joined: Dec 2006 Posts: 21,716 Sandhills Nebraska	Originally Posted by Dirt Originally Posted by Wingshot Taxpayer dollars can not possibly fund the rampant spending the govt. does. Tax dollars primarily fund entitlement programs and the fed just prints the rest for all the pork barrel crap. Therein lies the unsolvable math problem. Hyperinflation will hit, its not a question of IF but WHEN. What's it called when the price of OSB doubles. Officially it is called 2% inflation. We don't have to worry about our Grandchildren paying it off. It will have tripled by then. Life ain't supposed to be easy.

Re: Are we printing money or borrowing again? [Re: Foxpaw] #7222845 03/21/21 05:06 PM 03/21/21 05:06 PM
Joined: May 2016 Posts: 3,526 Southern Illinois F Foxpaw OP trapper
Foxpaw OP trapper F Joined: May 2016 Posts: 3,526 Southern Illinois	The magic number 72 divided by the percent rate gives you how many years it takes to double itself. If the interest was 6% then divided into 72 would be 12 years to double if no payments was paid. Correct me if I'm wrong, can't remember like I used to.

Re: Are we printing money or borrowing again? [Re: Foxpaw] #7222853 03/21/21 05:16 PM 03/21/21 05:16 PM
Joined: May 2018 Posts: 10,922 SW Georgia W Wanna Be trapper
Wanna Be trapper W Joined: May 2018 Posts: 10,922 SW Georgia	$2000 a month? I might retire early or at least when I was planning on retiring.

Re: Are we printing money or borrowing again? [Re: Foxpaw] #7222867 03/21/21 05:27 PM 03/21/21 05:27 PM
Joined: May 2018 Posts: 10,922 SW Georgia W Wanna Be trapper
Wanna Be trapper W Joined: May 2018 Posts: 10,922 SW Georgia	And just like that, everything the “orange man” did was undone and put us back another decade. Pretty soon no one will be working or want to work and become solely dependent upon the government. I was raised under the biblical saying that said, if a man doesn’t work, then he doesn’t eat. I was one hungry little boy growing up and it carried on into adulthood. Uncle Sam sorta reenforced that notion to the point I’ve been called cruel and heartless. I have no issue with folks struggling. If one job isn’t cutting it then get a second job. The will to survive is strong, some folks just need a little motivation and food is a great motivator.

Re: Are we printing money or borrowing again? [Re: NonPCfed] #7222932 03/21/21 06:33 PM 03/21/21 06:33 PM
Joined: Dec 2014 Posts: 2,477 Tug Hill, NY S Squash trapper
Squash trapper S Joined: Dec 2014 Posts: 2,477 Tug Hill, NY	Originally Posted by NonPCfed No precious metal backing of U.S. currency for a long time (since Nixon?). Maybe if it gets so bad, there will be the big reset and gold will be used again. That's what the gold bugs are hoping for... Then the next question, is there really any gold in Fort Knox ? Not even Congress can answer that.

Re: Are we printing money or borrowing again? [Re: Foxpaw] #7222972 03/21/21 07:22 PM 03/21/21 07:22 PM
Joined: Dec 2015 Posts: 6,341 se South Dakota NonPCfed trapper
NonPCfed trapper Joined: Dec 2015 Posts: 6,341 se South Dakota	The federal government does have physical gold stashed away, just probably not in one main place such as "Fort Knox". Do we have enough to go back on the gold standard? No, not at the current price or perhaps not at any "acceptable" price. But I would certainly take some physical gold if people offered it to me "And God said, Let us make man in our image ï¿½and let them have dominion ï¿½and all the creatures that move along the ground". Genesis 1:26

Re: Are we printing money or borrowing again? [Re: Wanna Be] #7222984 03/21/21 07:31 PM 03/21/21 07:31 PM
Joined: Dec 2006 Posts: 21,716 Sandhills Nebraska G Gary Benson trapper
Gary Benson trapper G Joined: Dec 2006 Posts: 21,716 Sandhills Nebraska	Originally Posted by Wanna Be And just like that, everything the orange man did was undone and put us back another decade. Pretty soon no one will be working or want to work and become solely dependent upon the government. I was raised under the biblical saying that said, if a man doesnt work, then he doesnt eat. I was one hungry little boy growing up and it carried on into adulthood. Uncle Sam sorta reenforced that notion to the point Ive been called cruel and heartless. I have no issue with folks struggling. If one job isnt cutting it then get a second job. The will to survive is strong, some folks just need a little motivation and food is a great motivator. If they want whiskey or drugs they can be quite motivated aye. Life ain't supposed to be easy.

Re: Are we printing money or borrowing again? [Re: Foxpaw] #7222991 03/21/21 07:38 PM 03/21/21 07:38 PM
Joined: Jul 2008 Posts: 2,414 Idaho Falls, Idaho F Furvor trapper
Furvor trapper F Joined: Jul 2008 Posts: 2,414 Idaho Falls, Idaho	AOC would probably be non-intellect enough to give everybody all the money they want. Then people would be unwilling to exchange goods for 'money' they did not want. The lesser case is too many dollars chasing too few goods, that is, inflation, less valuable dollars whether they are printed or in some other form.

Re: Are we printing money or borrowing again? [Re: Foxpaw] #7223017 03/21/21 08:07 PM 03/21/21 08:07 PM
Joined: Dec 2010 Posts: 11,201 Armpit, ak D Dirt trapper
Dirt trapper D Joined: Dec 2010 Posts: 11,201 Armpit, ak	Sorry to tell you this but the printing and bond buying started with the Bushman, and has continued through the Kenya man, including the Orange man, onto the Senile man, and next will be the Sleazy WO-man. Who is John Galt?

Re: Are we printing money or borrowing again? [Re: Dirt] #7223091 03/21/21 08:54 PM 03/21/21 08:54 PM
Joined: Aug 2013 Posts: 367 South West Pennsylvania W Wingshot trapper
Wingshot trapper W Joined: Aug 2013 Posts: 367 South West Pennsylvania	Originally Posted by Dirt Sorry to tell you this but the printing and bond buying started with the Bushman, and has continued through the Kenya man, including the Orange man, onto the Senile man, and next will be the Sleazy WO-man. Very true but at least under the Trump administration wages increased, unemployment hit record low numbers and a record high number of people entered the workforce. That is the pulse of a “real” economy as opposed to the propped up ones we’ve had with previous and current leaders. I’m not saying Trump cured anything but at least people were earning AND spending money. One needs to look no further than housing starts, housing prices and it continues even through the pandemic.

Re: Are we printing money or borrowing again? [Re: NonPCfed] #7223190 03/21/21 10:13 PM 03/21/21 10:13 PM
Joined: Mar 2014 Posts: 3,655 Central Texas C Chancey trapper
Chancey trapper C Joined: Mar 2014 Posts: 3,655 Central Texas	Originally Posted by NonPCfed danny clifton- you are correct that FDR and Congress in 1933 (?) made the private ownership of gold not legit. But the U.S. dollar was still tied to gold until 1971 when Nixon went to just fiat currency. 50th anniversary of that coming up this summer... https://www.forbes.com/sites/greatspeculations/2021/01/25/the-gold-standard-ended-50-years-ago-federal-debt-has-only-exploded-since/?sh=27c53c2a1e17#:~:text=This%20year%20marks%20the%2050th%20anniversary%20of%20the,only%20by%20comparing%20it%20to%20other%20world%20currencies. Interesting. Then this summer's anniversary will be a Jubilee since our currency was taken off the gold standard. Resident Conspiracy Theorist Accused Moron, Nazi, Low IQ, and Putin Fan Boy

Re: Are we printing money or borrowing again? [Re: Gary Benson] #7223201 03/21/21 10:24 PM 03/21/21 10:24 PM
Joined: Sep 2013 Posts: 10,404 Northeast Oklahoma M Mike in A-town trapper
Mike in A-town trapper M Joined: Sep 2013 Posts: 10,404 Northeast Oklahoma	Originally Posted by Gary Benson Originally Posted by danny clifton will 2000 a month per person cause inflation? I'm no economist but I'm sure all that $2000/mo would get spent foolishly and then invested wisely by those who end up with it. I'm beginning to think the wisest move would be to convert it all into Yuan so you can bribe the Chinese when the time comes. Mike One man with a gun may control 100 others who have none. Vladimir Lenin

Re: Are we printing money or borrowing again? [Re: Foxpaw] #7223261 03/21/21 11:55 PM 03/21/21 11:55 PM
Joined: Jul 2008 Posts: 2,414 Idaho Falls, Idaho F Furvor trapper
Furvor trapper F Joined: Jul 2008 Posts: 2,414 Idaho Falls, Idaho	Dirt, it started before that. Magnitude is the key issue.

Re: Are we printing money or borrowing again? [Re: logger coffey] #7223380 03/22/21 08:24 AM 03/22/21 08:24 AM
Joined: Dec 2009 Posts: 20,337 The Hill Country of Texas Leftlane "HOSS"
Leftlane "HOSS" Joined: Dec 2009 Posts: 20,337 The Hill Country of Texas	Originally Posted by logger coffey So wonder why counterfeiting is against the law? kind of the same thing . The guberment hates competition- why do you think they go after organized crime? “What’s good for me may not be good for the weak minded.” Captain Gus McCrae- Texas Rangers

Page 2 of 2

1

2

Moderated by 330-Trapper, Bogmaster, Cindy, cotton, Drifter, Maddog47, Paul Dobbins, USMC47 🦫, Wolfdog91

Powered by UBB.threads™ PHP Forum Software 7.7.1