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1.9 Trillion + 3 Trillion USD = What is going to Happen in the near Future to the United States?

 
anybodysguess

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03/23/2021 09:48 AM
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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?

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?
 Quoting: Flame Garcia


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...
 Quoting: BRIEF


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

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03/23/2021 09:52 AM
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Re: 1.9 Trillion + 3 Trillion USD = What is going to Happen in the near Future to the United States?
War. Invest in rope.
I am SNOWIE. WELCOME TO THE NEW ICE AGE. TRY NOT TO STARVE.
A Jackson

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03/23/2021 09:53 AM

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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.

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
 Quoting: Cardiak


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.

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VampPatriot

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03/23/2021 09:54 AM

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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

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03/23/2021 09:58 AM
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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.

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.
 Quoting: Flame Garcia


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

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03/23/2021 10:00 AM
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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...
 Quoting: BRIEF


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

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03/23/2021 10:01 AM

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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

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03/23/2021 10:08 AM

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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.
 Quoting: VampPatriot


ThisGodsFinger

Germany after WWI tried to print their way out of debt. This create about the worst economic depression and inflation in the 20th century. A wheelbarrow full of German marks to buy a loaf of bread.
CoffeeCup

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03/23/2021 10:11 AM
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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?

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?
 Quoting: Flame Garcia


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

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03/23/2021 10:15 AM
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Re: 1.9 Trillion + 3 Trillion USD = What is going to Happen in the near Future to the United States?
Get Prepared the writing is now on the wall. I won't be long now. They are telling us our monetary system will end soon!
Halsey Knox

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03/23/2021 10:17 AM
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Re: 1.9 Trillion + 3 Trillion USD = What is going to Happen in the near Future to the United States?
DemonRat cities will be bailed out, demonrat boondoggle projects will be funded, inflation will soar, economy will crash, America will slide into "democratic socialism" as planned and all your rights & freedoms will be gone. Might even get some new Fed crypto currency....and by might I mean "we will".
"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
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03/23/2021 10:45 AM
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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?

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?
 Quoting: Flame Garcia


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

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03/23/2021 10:50 AM
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Re: 1.9 Trillion + 3 Trillion USD = What is going to Happen in the near Future to the United States?
It has to collapse. They must want it to collapse.
 Quoting: anybodysguess


this1
 Quoting: TheGasMan II


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.
Halsey Knox

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03/23/2021 10:54 AM
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Re: 1.9 Trillion + 3 Trillion USD = What is going to Happen in the near Future to the United States?
It has to collapse. They must want it to collapse.
 Quoting: anybodysguess


this1
 Quoting: TheGasMan II


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.
 Quoting: Chi-TownMark


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

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03/23/2021 10:59 AM
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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...
 Quoting: BRIEF

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...

epiclol
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Hope_Full

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03/23/2021 11:21 AM
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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.

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.
 Quoting: Flame Garcia


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

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03/23/2021 12:06 PM
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Re: 1.9 Trillion + 3 Trillion USD = What is going to Happen in the near Future to the United States?
What is going to Happen in the near Future to the United States?

nothing good

drinking intensifies
Anonymous Coward
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03/23/2021 12:09 PM
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Re: 1.9 Trillion + 3 Trillion USD = What is going to Happen in the near Future to the United States?
What is going to Happen in the near Future to the United States?

nothing good

drinking intensifies
 Quoting: Tobie


how about the future of the world? its the end of this rotten age.
Anonymous Coward
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03/23/2021 12:10 PM
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Re: 1.9 Trillion + 3 Trillion USD = What is going to Happen in the near Future to the United States?
It has to collapse. They must want it to collapse.
 Quoting: anybodysguess


:this1:
 Quoting: TheGasMan II


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.
 Quoting: Chi-TownMark


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.
 Quoting: Halsey Knox


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
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03/23/2021 12:10 PM
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Re: 1.9 Trillion + 3 Trillion USD = What is going to Happen in the near Future to the United States?
It has to collapse. They must want it to collapse.
 Quoting: anybodysguess


:this1:
 Quoting: TheGasMan II


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.
 Quoting: Chi-TownMark


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.
 Quoting: Halsey Knox


sorry double post
26Degrees

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03/23/2021 12:40 PM
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Re: 1.9 Trillion + 3 Trillion USD = What is going to Happen in the near Future to the United States?
 Quoting: Tess.


and this is where we are headed.
Jack The Leper

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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

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03/23/2021 01:45 PM
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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.

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
 Quoting: Cardiak


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

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03/23/2021 02:33 PM
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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!

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StayCurious

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03/23/2021 02:36 PM

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Re: 1.9 Trillion + 3 Trillion USD = What is going to Happen in the near Future to the United States?
$10 milk, $10 eggs, $9.00 gas -- that is what is coming.
Flame Garcia  (OP)

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03/23/2021 03:03 PM
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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.

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
 Quoting: Cardiak


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.
 Quoting: ouachita dweller



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
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03/23/2021 03:04 PM
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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?

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?
 Quoting: Flame Garcia


Wait until China, Russia will issue their digital currencies.

Then, the dollar will fall to zero.
Terrebonne

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Re: 1.9 Trillion + 3 Trillion USD = What is going to Happen in the near Future to the United States?
United States of America is going up in flames!




firebar

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INFJ; We are the protectors.
Anonymous Coward
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Re: 1.9 Trillion + 3 Trillion USD = What is going to Happen in the near Future to the United States?
What a feel good thread. Informative. Truthful. Tragic....
Gypo O'Leary

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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.
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GLP