/biz/ - Business & Finance

[Anonymous No.53572651]

>keeps rates low for years to get government to borrow
>debt reaches 31,500,000,000,000
>raises rates to 4.75%
>interest payments largest budget item by 2025
>destroys the US Federal Govt
This was the plan all along right?

[Anonymous No.53572666]

>>53572651
QE to benefit the rich; QT to hurt the poor: balance.

[Anonymous No.53572778]

>>53572666
>666
checked and Satanpilled

[Anonymous No.53572877]

>>53572651
Thanks to nigger Obama and the likes that ran him and Biden. One Jewish controlled nigger puppet destroyed the greatest country in the world kek. Saddest part is all the cucked whites who took the bait

[Anonymous No.53572905]

>>53572651
Unbacked currency was always a race to the bottom. But one country going that route forces others to follow because export becomes to expensive for others.
Growth=Debt in this system. And eventually it collapses, and then consolidates. The consolidation is what they're after. To provide a solution to the created problems.

[Anonymous No.53572908]

>>53572877
>one Jewish controlled puppet
They all are you little maga bitch
Fuck bush, fuck obama, fuck trump, fuck biden and fuck anyone playing identity politics

[Anonymous No.53572924]

>>53572651
The federal government can get as many dollars as they want.
It's everybody else with variable rate debt, or getting new debt, that's fucked.

[Anonymous No.53572938]

>>53572651
.ore like stupidity. And there will be bo easy way out from recession at least i eu if they start printing again to boost it we will have inflation in 40-70% rat but that what you get when you shit on capitalism and go with central planing economy. We deserve it too.

[Anonymous No.53572964]

>>53572924
>get as many dollars as they want
>>53572905
I wonder how much of the USA's GDP would fall apart if they stopped spending at this point.

[Anonymous No.53573052]

>>53572651
>You are pure evil!
>I am necessary evil. Here to end the borrowed time you all have been living on.

[Anonymous No.53573119]

>>53573052

[Anonymous No.53573235]

>>53572651

[Anonymous No.53573249]

>>53572877
>the president controls the federal reserve

[Anonymous No.53573255]

>>53572905
When you say collapse, you mean short term 20%+ inflation then debt magically goes under 50% gdp again

[Anonymous No.53573256]

>>53573235
Based lenin

[Anonymous No.53573270]

>>53572651
It's about time the US Govt destroyed the fed. Round them all up and put them to death.

[Anonymous No.53573400]

>>53573270
The us government is the feds lapdog, wtf are you smoking?

[Anonymous No.53573455]

>>53573235
"Capitalism has created an accounting apparatus in the shape of the banks, syndicates, postal service, consumers' societies, and office employees' unions. Without big banks socialism would be impossible. The big banks are the "state apparatus" which we need to bring about socialism, and which we take ready-made from capitalism; our task here is merely to lop off what capitalistically mutilates this excellent apparatus, to make it even bigger, even more democratic, even more comprehensive. Quantity will be transformed into quality. A single State Bank, the biggest of the big, with branches in every rural district, in every factory, will constitute as much as nine-tenths of the socialist apparatus. This will be country wide book-keeping, country-wide accounting of the production and distribution of goods, this will be, so to speak, some thing in the nature of the skeleton of socialist society. We can "lay hold of" and "set in motion" this "state apparatus" (which is not fully a state apparatus under capitalism, but which will be so with us, under socialism) at one stroke, by a single decree, because the actual work of book-keeping, control, registering, accounting and counting is performed by employees, the majority of whom themselves lead a proletarian or semi-proletarian existence"
This is taken from a 1917 pamphlet Lenin wrote, it basically describes the Federal Reserve System of banks. If you also consider the Bureau of Labor stats and the entire notion of the government micromanaging on a month/month basis, Lenin would probably have been stunned at just how much central planning would go on in the USA in 2023.

[Anonymous No.53573475]

>>53572651
Yes then we get a CBDC with no backing and social credit score.

>>53572877
Blame Nixon, he ended the gold standard and opened China's borders so manufacturing could leave the country.

[Anonymous No.53575098]

>>53572877
>muh democrats
>muh republicans

[Anonymous No.53575135]

>>53575098
This is why Andrew Jackson is possibly the greatest and most based president we'll ever have. They really don't make em like they used to

[Anonymous No.53575156]

>>53572877
You are a literal retard and you need to go back

[Anonymous No.53575206]

It always amazes me how retarded yet confident people are when it comes to discussing monetary policy. Doubly so on /biz/.

[Anonymous No.53575213]

>>53575206
printing money for 40 years isnt really a complicated "monetary policy"

[Anonymous No.53576289]

>>53573255
But thats nots whats happening.
The Fed is determined to go after inflation.
However that will crash the US government
A true pickle

[Anonymous No.53576589]

>>53573255
We would need like 5 or 6 times the amount of money in existence to pay off the debt, problem is they keep delaying doing the inevitable and the damage in the meantime is pretty fucking substantial lmfao

[Anonymous No.53578275]

>>53572651
Yes

[Anonymous No.53578417]

They're going to pump crypto sky high then tax the fuck out of it. This will get the u.s. out of debt. Mark my words.