/biz/ - Business & Finance

Any wagers for how much goes to Israel this time?

>>28518277

>>28406314
No. But you should learn their ways unless you want to be at the other end of their tricks.

>>28406512
Do you enjoy paying taxes? Do you realize they only exist to take fiat away from you?

>>27890202
>-Reduction in globalization and reorientation of supply chains away from lowest cost with focus on redundancy
Cost-Push inflation - affecting consumer goods. Your house is not a consumer good (unless you scrap it for the cardboard and copper). You could even argue that housing demand would decrease due to the higher percentage of income going towards cost of commodities.
>-Massive fiscal spend putting funds into the hands of people with high marginal propensity to spend it
Could argue that the gibs given to plebs does nothing but fill the void left by their losses over the past year. Other gibs, well... pic related.
>-Fed committed to staying at 0% and buying billions of Treasury and MBS every month. They discussed YCC so printing even more
Can see empirically in Japan and Europe that these policies don't lead to high inflation. Why would it be different in the US?
>-Massive drop in rig count so oil prices heading higher than pre pandemic
This is again cost-push. They are also letting go of employees and closing departments. Why would they do this if they were expecting a high demand for oil? If prices remain high this will put a ceiling on growth, thus limit velocity and limit monetary inflation.

>>27214802
>you effectively tax everyone below the highest bracket more by bumping them up
Damn, now we're taking this thread down the blackpill aisle.
Our taxes go to pay interest to commercial banks,
to pay for QE that shovels money towards the wealthy,
to pay for departments like the SEC that awarded an exclusive monopoly on providing clearing and settlement to a private company called the DTC that can restrict trading on meme tickers as they need...

How the fuck do we opt out of this?

Congratulations!

>>25168363
>other countries
We want to give more than that JUST to greatest ally

Here is the bill from the primary sauce:
https://rules.house.gov/sites/democrats.rules.house.gov/files/BILLS-116HR133SA-RCP-116-68.pdf

Anyways, I'll post some of the most "stimulating" inclusions that will surely get us through these tough covid times.