1.9 Trillion + 3 Trillion USD = What is going to Happen in the near Future to the United States? | |
anybodysguess User ID: 73843701 ![]() 03/23/2021 09:48 AM Report Abusive Post Report Copyright Violation | Re: 1.9 Trillion + 3 Trillion USD = What is going to Happen in the near Future to the United States? Will someone with economic knowledge please put into perspective what 4.9 Trillion in spending will mean for Goods and Services in the United States? Quoting: Flame Garcia I know the money will be printed out of thin air and will not end up going to whatever programs the Democrats/Socialists say it is intended for, but I just can't wrap my mind around the seismic shift this amount of money will cause. I,m thinking massive Inflation - am I wrong? We have hundreds and even thousands of years of resources, and the value of those resources while in the quadrillions of dollars, actually becomes worth more as we extract and use those resources... Gross Domestic Product is now behind what we have loaned ourselves, so the efficiency and productivity of using our resources needs to increase...Since the population increases every day, by birth and immigration, we must make sure they have jobs in extracting and bringing these resources to market... It actually seems absurd to starve while driving our cars across quadrillions of dollars of resources... Capitalism and greed are the only answer to attaining wealth... What resources are you writing about? Resources are consumed by people that have funds to purchase those resources. If the dollar collapses--and it will--the people who spend money and are 70% of our economy will not have any currency to purchase these resources. US Debt/GDP ration now stands at 130% Last Edited by anybodysguess on 03/23/2021 09:56 AM |
Icey User ID: 77119763 ![]() 03/23/2021 09:52 AM Report Abusive Post Report Copyright Violation | |
A Jackson User ID: 76244356 ![]() 03/23/2021 09:53 AM ![]() Report Abusive Post Report Copyright Violation | Re: 1.9 Trillion + 3 Trillion USD = What is going to Happen in the near Future to the United States? The only thing inflation is good for is getting rid of debt and people that live on debt they get to inflate much of the debt away. Quoting: Cardiak Those who are responsible get crushed by inflation, your savings get stolen, your salary gets eaten into (inflation faster than your raises), your pension or social security never keeps up. It is really the largest tax government puts on everyone but they never call it a tax. If it was a legitimate inflation then they would inflate like crypto proof of stake tokens do where everyone who holds X token receives for example 6% annual interest... That type of interest is given to all the holders so its much less realized then the other types where the interest is just given to the government to spend wildly and you pay the brunt on your end and your devalued holdings Inflation caused by government spending creates debt, they print bonds to finance it. The only way to stop it is to grow the economy, like Germany before WWII, or like Reagan did post Carter, or Trump post O’Bamma. The debt of all the cronies and tech giants decreases and is easer to pay off. We may be heading towards a Jimmy Carter economy. Smoke me a kipper, I’ll be back for breakfast. If you do not take an interest in the affairs of your government, then you are doomed to live under the rule of fools. — Plato “AI is kind of a fancy thing, first of all it’s two letters. It means artificial intelligence.” Kamala Harris VPOTUS |
VampPatriot User ID: 79949758 ![]() 03/23/2021 09:54 AM ![]() Report Abusive Post Report Copyright Violation | Re: 1.9 Trillion + 3 Trillion USD = What is going to Happen in the near Future to the United States? Hyper inflation until the Dollar becomes toilet paper, and China takes over. Communism shall never prevail. "FREEDOM IS SLAVERY. IGNORANCE IS STRENGTH. WAR IS PEACE. STAYING APART BRINGS US TOGETHER." NWO Mantra |
Tone Loc User ID: 79180288 03/23/2021 09:58 AM Report Abusive Post Report Copyright Violation | Re: 1.9 Trillion + 3 Trillion USD = What is going to Happen in the near Future to the United States? Thanks for the pin and the comments. The reason I asked the question "What is going to happen" is because I cannot find any information on a country having this much debt and life being somewhat normal. I looked up Germany during the war, but as bad as it was they got bailed (berlin airlift). I don't think the USA will be bailed out. Quoting: Flame Garcia My wife and I were going through out preps this weekend and to my surprise we ended up throwing out more than 1/2 of what we had stored - bulging cans of tomatoes, pineapple, bugs in the grains, powdered milk that was yellow and hard, etc. I know prices are rising, but I don't want to restock everything just to have to throw it out down the road. I honestly do not know what to do at this point - so many items are already very difficult to find, and it seems that the USA has turned into a "Democrats/Socialist's Gone Wild 2021" scenario. I actually went through mine about 2 years ago. Rice and beans in mylar bags and buckets. I only threw one or 2 buckets of beans away. They weren't spoiled just they smelled a little bit funny . Not enough where I wouldn't eat it if I had to. But I didnt get all the air out the mylar bags before. I found a air pump for an air mattress I had that works well at sucking all the air out. So I'm way more confident on my preps now I looked threw it all and saw where I could improve. And I put in new oxygen absorbers. I try not to get to many cans. I got rice beans and freeze dried foods. Over the last 7 years every black Friday. Or whenever there's a deal . I want to buy a home freeze dryer. I should just do it. I got the money . I used to buy real meats . Then after I had a lot I started buying textured vegetable protein. Way cheaper. So rice beans and freeze dried top. Lasts forever and most bang for your buck. Then add in vit c drinks. Fairly basic. But I also plan on sniping deer if need be. Also there's a chicken farm next door and a pig farm too. I got 50 chickens too. And I also got 80 acres of heirloom seeds in the deep freeze . Plus fruit seeds. Don't buy cheap stuff like cans. Unless your going to eat it and rotate it out. |
anybodysguess User ID: 73843701 ![]() 03/23/2021 10:00 AM Report Abusive Post Report Copyright Violation | Re: 1.9 Trillion + 3 Trillion USD = What is going to Happen in the near Future to the United States? the US can print money, so I guess they could sign a 420 Quintillion stimulus package and make everyone billionaires. That would just crash the entire planet's economy, I think... Quoting: QCluminati Yes because we don't have the manufacturing capacity to keep up...We must build more and produce more goods to keep up with the growing population... Get rid of the EPA would be a good start...They want to save the planet by starving the humans... What are you suggesting we produce more of? Someone has to buy what is being produced. Inflation--most likely hyper inflation--takes sending power from consumers. |
Shaun Kaven User ID: 80136671 ![]() 03/23/2021 10:01 AM ![]() Report Abusive Post Report Copyright Violation | Re: 1.9 Trillion + 3 Trillion USD = What is going to Happen in the near Future to the United States? It’s about crashing the US dollar to move us all to a new federal reserve crypto currency. This is no longer a conspiracy, it’s right out in the open, from Janet Yellen no less. Then it will become a one world currency, then they will pass laws that force everyone to sell their cryptos like FDR did with gold in the 30’s. Same playbook. Happening faster than you think. Brace for impact. “A government big enough to give you everything you want is strong enough to take everything that you have”, Thomas Jefferson |
Remedial_Rebel User ID: 78258400 ![]() 03/23/2021 10:08 AM ![]() Report Abusive Post Report Copyright Violation | |
CoffeeCup User ID: 77961693 ![]() 03/23/2021 10:11 AM Report Abusive Post Report Copyright Violation | Re: 1.9 Trillion + 3 Trillion USD = What is going to Happen in the near Future to the United States? Will someone with economic knowledge please put into perspective what 4.9 Trillion in spending will mean for Goods and Services in the United States? Quoting: Flame Garcia I know the money will be printed out of thin air and will not end up going to whatever programs the Democrats/Socialists say it is intended for, but I just can't wrap my mind around the seismic shift this amount of money will cause. I,m thinking massive Inflation - am I wrong? In 2018, the national debt of Japan amounted to about 236.57 percent of the gross domestic product. Now, ask yourself what the standard of living is like in Japan for the average citizen. TPTB can keep this game going for a very looooooooong time. They've only gotten the printing presses warmed up. |
The Independent User ID: 78439178 ![]() 03/23/2021 10:15 AM Report Abusive Post Report Copyright Violation | |
Halsey Knox User ID: 44883436 ![]() 03/23/2021 10:17 AM Report Abusive Post Report Copyright Violation | Re: 1.9 Trillion + 3 Trillion USD = What is going to Happen in the near Future to the United States? "THE conscious and intelligent manipulation of the organized habits and opinions of the masses is an important element in democratic society. Those who manipulate this unseen mechanism of society constitute an invisible government which is the true ruling power of our country." -Edward Bernays |
Anonymous Coward User ID: 80164895 ![]() 03/23/2021 10:45 AM Report Abusive Post Report Copyright Violation | Re: 1.9 Trillion + 3 Trillion USD = What is going to Happen in the near Future to the United States? Will someone with economic knowledge please put into perspective what 4.9 Trillion in spending will mean for Goods and Services in the United States? Quoting: Flame Garcia I know the money will be printed out of thin air and will not end up going to whatever programs the Democrats/Socialists say it is intended for, but I just can't wrap my mind around the seismic shift this amount of money will cause. I,m thinking massive Inflation - am I wrong? its all made up.. the actual debt approaches $29 QUADRILLION now and what is a Quadrillion.. 1000 Trillion. and you don't need to print it.. they want it all digital. there is a place however in Thailand that sometimes prints very high quality counterfeit.. in amounts of up to 3 Trillion at a time in $100 bills |
Chi-TownMark User ID: 72204610 ![]() 03/23/2021 10:50 AM Report Abusive Post Report Copyright Violation | |
Halsey Knox User ID: 44883436 ![]() 03/23/2021 10:54 AM Report Abusive Post Report Copyright Violation | Re: 1.9 Trillion + 3 Trillion USD = What is going to Happen in the near Future to the United States? Been hearing that for years. I just Can’t see why you would ever want to collapse the system when you own millions of debt slaves. It’s just a lie that they’re telling us to keep us complacent. See The Georgia Guidestones. Why do they need billions of debt slaves anymore if they can have the planet all to themselves and their families & friends thru the wonders of AI & automation? They no longer require the services of 8 billion useless feeders...debt slaves or not. "THE conscious and intelligent manipulation of the organized habits and opinions of the masses is an important element in democratic society. Those who manipulate this unseen mechanism of society constitute an invisible government which is the true ruling power of our country." -Edward Bernays |
Union Jackboot User ID: 78207740 ![]() 03/23/2021 10:59 AM Report Abusive Post Report Copyright Violation | Re: 1.9 Trillion + 3 Trillion USD = What is going to Happen in the near Future to the United States? the US can print money, so I guess they could sign a 420 Quintillion stimulus package and make everyone billionaires. That would just crash the entire planet's economy, I think... Quoting: QCluminati Yes because we don't have the manufacturing capacity to keep up...We must build more and produce more goods to keep up with the growing population... Get rid of the EPA would be a good start...They want to save the planet by starving the humans... We will also starve when the unregulated industries and our abandon consumption destroy the environment which allows food production in the first place. Meanwhile, how do you like the unregulated GMO, pesticides and xenoestrogen in your food? Don't tell me the consumers will keep the industries in check by voting with their wallet... ![]() DON'T BELIEVE A DAMN WORD YOU READ ON THIS WEBSITE! The reader is responsible for discerning the validity, factuality or implications of information posted here, be it fictional or based on real events. |
Hope_Full User ID: 78490196 ![]() 03/23/2021 11:21 AM Report Abusive Post Report Copyright Violation | Re: 1.9 Trillion + 3 Trillion USD = What is going to Happen in the near Future to the United States? Thanks for the pin and the comments. The reason I asked the question "What is going to happen" is because I cannot find any information on a country having this much debt and life being somewhat normal. I looked up Germany during the war, but as bad as it was they got bailed (berlin airlift). I don't think the USA will be bailed out. Quoting: Flame Garcia My wife and I were going through out preps this weekend and to my surprise we ended up throwing out more than 1/2 of what we had stored - bulging cans of tomatoes, pineapple, bugs in the grains, powdered milk that was yellow and hard, etc. I know prices are rising, but I don't want to restock everything just to have to throw it out down the road. I honestly do not know what to do at this point - so many items are already very difficult to find, and it seems that the USA has turned into a "Democrats/Socialist's Gone Wild 2021" scenario. Same here. I guess these companies assume that if we end up in a position where we have to access those foodstuffs, they’ll be long gone. |
Tobie User ID: 77485121 ![]() 03/23/2021 12:06 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 80164895 ![]() 03/23/2021 12:09 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 80164895 ![]() 03/23/2021 12:10 PM Report Abusive Post Report Copyright Violation | Re: 1.9 Trillion + 3 Trillion USD = What is going to Happen in the near Future to the United States? Been hearing that for years. I just Can’t see why you would ever want to collapse the system when you own millions of debt slaves. It’s just a lie that they’re telling us to keep us complacent. See The Georgia Guidestones. Why do they need billions of debt slaves anymore if they can have the planet all to themselves and their families & friends thru the wonders of AI & automation? They no longer require the services of 8 billion useless feeders...debt slaves or not. you have just posted GARBAGE ... the guidestones are for our new eternal age... they are NOT BY THE DARK SHITS and its time to grow up on that one. It is ADVICE as we move into Eternity. OK... |
Anonymous Coward User ID: 80164895 ![]() 03/23/2021 12:10 PM Report Abusive Post Report Copyright Violation | Re: 1.9 Trillion + 3 Trillion USD = What is going to Happen in the near Future to the United States? Been hearing that for years. I just Can’t see why you would ever want to collapse the system when you own millions of debt slaves. It’s just a lie that they’re telling us to keep us complacent. See The Georgia Guidestones. Why do they need billions of debt slaves anymore if they can have the planet all to themselves and their families & friends thru the wonders of AI & automation? They no longer require the services of 8 billion useless feeders...debt slaves or not. sorry double post |
26Degrees User ID: 80065035 ![]() 03/23/2021 12:40 PM Report Abusive Post Report Copyright Violation | |
Jack The Leper User ID: 78345706 ![]() 03/23/2021 12:51 PM Report Abusive Post Report Copyright Violation | Re: 1.9 Trillion + 3 Trillion USD = What is going to Happen in the near Future to the United States? we become the same as Liberia. a Shit hole. Jerusalem, my happy home, When shall I come to thee? When shall my sorrows have an end? Thy joys when shall I see? O Christ, do Thou my soul prepare For that bright home of love That I may see Thee and adore With all Thy saints above. |
ouachita dweller User ID: 80150161 ![]() 03/23/2021 01:45 PM Report Abusive Post Report Copyright Violation | Re: 1.9 Trillion + 3 Trillion USD = What is going to Happen in the near Future to the United States? The only thing inflation is good for is getting rid of debt and people that live on debt they get to inflate much of the debt away. Quoting: Cardiak Those who are responsible get crushed by inflation, your savings get stolen, your salary gets eaten into (inflation faster than your raises), your pension or social security never keeps up. It is really the largest tax government puts on everyone but they never call it a tax. If it was a legitimate inflation then they would inflate like crypto proof of stake tokens do where everyone who holds X token receives for example 6% annual interest... That type of interest is given to all the holders so its much less realized then the other types where the interest is just given to the government to spend wildly and you pay the brunt on your end and your devalued holdings very true it should be considered that mortgage debt is dangerous right now. the future will have large unemployment, which will end in people losing their houses. in the 70's, i saw people put house keys in the mailbox and drive away after calling the mortgage company. inflation and unemployment are nasty companions. FJB |
Let Freedom Ring 365 User ID: 77952400 ![]() 03/23/2021 02:33 PM Report Abusive Post Report Copyright Violation | Re: 1.9 Trillion + 3 Trillion USD = What is going to Happen in the near Future to the United States? intentional communities (look them up online), better yet, artificial island intentional communities.....no taxes, no laws, only worry is th U.S. Coast Guard seizing your vessel(s) to and from the USA, from what I have heard. Quoting: Mr.Sunshine Interesting I’ll look that up You are the creator of your own master plan... Make it a good one. Wake the fuk up and be ready... This is absolutely no time to be stupid! “If you want to find the secrets of the universe, think in terms of energy, frequency and vibration.” - Nikola Tesla |
StayCurious User ID: 79638619 ![]() 03/23/2021 02:36 PM ![]() Report Abusive Post Report Copyright Violation | |
Flame Garcia (OP) User ID: 80065240 ![]() 03/23/2021 03:03 PM Report Abusive Post Report Copyright Violation | Re: 1.9 Trillion + 3 Trillion USD = What is going to Happen in the near Future to the United States? The only thing inflation is good for is getting rid of debt and people that live on debt they get to inflate much of the debt away. Quoting: Cardiak Those who are responsible get crushed by inflation, your savings get stolen, your salary gets eaten into (inflation faster than your raises), your pension or social security never keeps up. It is really the largest tax government puts on everyone but they never call it a tax. If it was a legitimate inflation then they would inflate like crypto proof of stake tokens do where everyone who holds X token receives for example 6% annual interest... That type of interest is given to all the holders so its much less realized then the other types where the interest is just given to the government to spend wildly and you pay the brunt on your end and your devalued holdings very true it should be considered that mortgage debt is dangerous right now. the future will have large unemployment, which will end in people losing their houses. in the 70's, i saw people put house keys in the mailbox and drive away after calling the mortgage company. inflation and unemployment are nasty companions. We were able to pay off our mortgage last year after years of not spending, overtime, and saving every dollar we could. Our concern now is the "you know it's going to happen" major increases in property tax, city, school, and state taxes. While we no longer owe the bank (mortgage) for our home, we could still lose it by being unable to pay the taxes on the property. The mortgage was actually not that bad per month, the combined taxes on the property are a big concern! "The road of life is paved with flat squirrels who couldn't make a decision" |
Anonymous Coward User ID: 79515233 ![]() 03/23/2021 03:04 PM Report Abusive Post Report Copyright Violation | Re: 1.9 Trillion + 3 Trillion USD = What is going to Happen in the near Future to the United States? Will someone with economic knowledge please put into perspective what 4.9 Trillion in spending will mean for Goods and Services in the United States? Quoting: Flame Garcia I know the money will be printed out of thin air and will not end up going to whatever programs the Democrats/Socialists say it is intended for, but I just can't wrap my mind around the seismic shift this amount of money will cause. I,m thinking massive Inflation - am I wrong? Wait until China, Russia will issue their digital currencies. Then, the dollar will fall to zero. |
Terrebonne User ID: 80131439 ![]() 03/23/2021 03:04 PM ![]() Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 79292370 ![]() 03/23/2021 04:02 PM Report Abusive Post Report Copyright Violation | |
Gypo O'Leary User ID: 79823197 ![]() 03/23/2021 04:36 PM Report Abusive Post Report Copyright Violation | Re: 1.9 Trillion + 3 Trillion USD = What is going to Happen in the near Future to the United States? The socialist government of the United States is now funneling billions of dollars to stabilize unions pensions for government workers. Why would this be inflationary? It's not, it just is an accounting procedure to make an expected long term balance sheet item appear in the black again. They payments to union workers are expected payments that occur slowly over many years and do not cause a sudden inflation. In the same way, any infrastructure being built is an expense that competes for resources, but if it is used to create a long term asset, why is that spending inflationary? The purpose of the spending is increase economic activity, and help the economy to grow. For example, if you build a bridge that connects, let say Cincinnati Ohio with Northern Kentucky, yes you are going into debt, but the result is a bridge that lasts for 100 years and allows for increased economic activity. Further, much of the spending goes overseas to other market places, and again helps them build infrastructures that allow for increased economic activity, and theoretically more production of goods and services. A. Nonymous Coward |