Re: Another Trillion Dollar "Spending" Plan
[Re: Kansas Cat]
#7525881
03/12/22 11:22 AM
03/12/22 11:22 AM
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Joined: Dec 2010
Posts: 11,183 Armpit, ak
Dirt
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Joe was mumbling around yesterday and said if the government printed and spent money it didn't add to inflation! He is either irretrievably stupid or he thinks the majority of voters are. All evidence points to the former being true. If the latter is, it is over. I'm blaming all this on somebody. So does it matter, if I have been voting for it for 50 years?
Who is John Galt?
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Re: Another Trillion Dollar "Spending" Plan
[Re: Steven 49er]
#7525886
03/12/22 11:24 AM
03/12/22 11:24 AM
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Joined: Dec 2013
Posts: 9,313 Northern MN
Osky
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Joe was mumbling around yesterday and said if the government printed and spent money it didn't add to inflation! He is either irretrievably stupid or he thinks the majority of voters are. All evidence points to the former being true. If the latter is, it is over. MMT is becoming more mainstream every day. The majority of the people don't know what causes price inflation. The vast majority Wouldn’t it be nice if schools went back to teaching basic fiscal responsibility and the reality of money as you say 9r? Instead they teach young people they probably weren’t born the gender they think they are and other such gibberish. Is it because today’s teachers themselves are immersed in debt and wouldn’t know enough to teach it? Osky
"A womans heart is the hardest rock the Almighty has put on this earth, and I can find no sign on it" Jabless in Minnesota www.SureDockusa.com
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Re: Another Trillion Dollar "Spending" Plan
[Re: Lugnut]
#7525897
03/12/22 11:35 AM
03/12/22 11:35 AM
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Joined: Dec 2010
Posts: 11,183 Armpit, ak
Dirt
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"If a budget isn’t in place by Oct 1, the start of the fiscal year, the government could shut down.
Congress avoids shutdowns by passing a short-term budget bill maintaining current spending levels called a “continuing resolution,” or “CR.” These give lawmakers more time to either write the 12 individual budget bills, or wrap them altogether in one overarching budget called an “omnibus bill,” which directs federal spending across all of the 12 appropriations areas."
Who is John Galt?
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Re: Another Trillion Dollar "Spending" Plan
[Re: Posco]
#7525961
03/12/22 12:45 PM
03/12/22 12:45 PM
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Joined: May 2010
Posts: 10,472 mn north of blakely
Steven 49er
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MMT is becoming more mainstream every day.
The majority of the people don't know what causes price inflation. The vast majority Milton Friedman famously said, “Inflation is always and everywhere a monetary phenomenon in the sense that it is and can be produced only by a more rapid increase in the quantity of money than in output.” We are currently engaged in a test of this proposition.Is he wrong in your estimation? No, I estimate he's 100 percent correct.
"Inflation is always and everywhere a monetary phenomenon". Milton Friedman.
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Re: Another Trillion Dollar "Spending" Plan
[Re: Steven 49er]
#7525969
03/12/22 12:52 PM
03/12/22 12:52 PM
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Joined: Nov 2017
Posts: 11,254 Maine, Aroostook
Posco
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No, I estimate he's 100 percent correct. Thanks for the reply. I'm not a student of economics and make no claim to knowing much about it but it seems obvious to me printing large sums of money only dilutes its value.
Last edited by Posco; 03/12/22 12:53 PM.
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Re: Another Trillion Dollar "Spending" Plan
[Re: Lugnut]
#7525972
03/12/22 12:54 PM
03/12/22 12:54 PM
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Joined: May 2012
Posts: 5,898 michigan,USA
seniortrap
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Joe was mumbling around yesterday and said if the government printed and spent money it didn't add to inflation! He is either irretrievably stup id He is just that. And he relies on blind & deaf people from the Demorat party.
Last edited by seniortrap; 03/12/22 12:55 PM.
Vietnam--1967 46th. Const./Combat Engineers
"Chaotic action is preferable to orderly inaction." "After the first shot, all plans go out the window!"
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Re: Another Trillion Dollar "Spending" Plan
[Re: Lugnut]
#7526009
03/12/22 01:21 PM
03/12/22 01:21 PM
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Joined: Mar 2010
Posts: 2,958 South Dakota
Hydropillar
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a trillion here a trillion there pretty soon were talkin real money here !! dont get me wrong i was a fan of trump... but he printed enough money to make a democrat blush !!
The only place you find free cheese is in a mousetrap !
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Re: Another Trillion Dollar "Spending" Plan
[Re: Boco]
#7526022
03/12/22 01:33 PM
03/12/22 01:33 PM
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Joined: Mar 2007
Posts: 206 Ridgefield, WA
Bearguy
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The Oligarchs are paying for it. More billion dollar rich russians yachts being seized. Its a good plan-make russian fat cats pay the reparations for their responsibility in Putins war. I have to admit, I don't understand how any country can decide to confiscation property of a citizen of another country. Spoils of war? We are not at war with Russia. The fact that a person is an "Oligarch" I wouldn't necessarily think would mean that all his property could be seized. I heard that there were sanctions against the Oligarchs. What the heck does that mean.
All you "Woke" people need to go back to sleep!
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Re: Another Trillion Dollar "Spending" Plan
[Re: Lugnut]
#7526092
03/12/22 03:23 PM
03/12/22 03:23 PM
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Joined: Jan 2014
Posts: 21,054 North East Kansas
Marty
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I thought it was 1.5 trillion.....
E 'Honey Badger Militia' Sleep, the anti woke adote.
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Re: Another Trillion Dollar "Spending" Plan
[Re: Lugnut]
#7526156
03/12/22 05:38 PM
03/12/22 05:38 PM
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Joined: Mar 2010
Posts: 2,958 South Dakota
Hydropillar
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.2 trillion sounds better that 200 billion... all of them are unimanigable numbers
The only place you find free cheese is in a mousetrap !
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