This is not only nuts, but it IS gonna hurt really badly and leave a mark!
- Do NOT try this kind of cash flow at home...
Last month .Gov spent $1.87 for every Dollar it collected.
- So far this fiscal year the deficit is $1.629 trillion (27% of every Dollar spent).
= This FY .Gov has spent $1.37 for every Dollar collected.
This is MATH, not POLITICS.
SFW? This is what [read: toxic financial stupidity]:
- If you inflate the money supply prices go UP and purchasing power goes DOWN.
- Cut interest rates? Interest rates should be about double what they are now or Lenders are losing money in real terms while borrowers are 'skating' in real terms.
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