@AverageJoe1 saidIn fact yes, you throw around "provocative" theses and don't want to dicsuus or debate.
No offense, but I Iike batting ideas around with liberals, that is the entertainment. I occasionally throw out a thread like this, true, mainly to let you all know that Trump tries like heck to clean up the Biden debacle...so that you will all see that he tries. But he is surrounded by econ gurus and they outthink you and me. Like, Truman would have been shut down by ...[text shortened]... uery of a guy who wants $1T for his aids cure? It is his, it is in his safe. Atlas Shrugged fodder.
However this is not the "How deep can I get into Trumps anus" Forum, but the "debates" forum.
And Yes I am deeply convinced, that Trump-appointee Jerome powers is right on the topic or "rates"
@Ponderable saidYes, you think that, and I am on the other side in that matter. Each of us wonders...how In The World Can He Think That?!?! Like, I wonder how in the world you (liberals) can think it is OK to ignore poor single moms with 3 kids, and instead use $660B to pay off tuition loans? (please do not answer). You might say that that makes sense. So, there you have it. That is why I always say...Ask me a question. Common sense discussions.
In fact yes, you throw around "provocative" theses and don't want to dicsuus or debate.
However this is not the "How deep can I get into Trumps anus" Forum, but the "debates" forum.
And Yes I am deeply convinced, that Trump-appointee Jerome powers is right on the topic or "rates"
Did not mean for provocative discussion about how Trump thinks he can reduce a lot of problems if Powell will lower interest rates. He also thinks tariffs are a great idea, while some other smart people think it is horrible. That is an interesting discussion, but I and the folks on the forum.........why argue over something which requires economic degrees? I actually taught econ for a time, and do not pretend to know the pro/con effects of tariffs.
And trying to ferret out probs in the insurance industry? That is IMPOSSIBLE for us to discuss when it is loaded with fraud.
And I agree sometimes. Don't shoot unarmed boaters swimming in the ocean, like shooting a paratrooper dangling in a misguided parachute. That is not right. A mistake.
In fact I am not a US citizen and never pretended to be. In Germany I am counted as "conservative". And I even don't think that I can do much in terms of steering politics in Germany, much less in the USA.
Now I want to understand how people come to their opinions, and there are arguments, and that would require debate.
@Ponderable saidHow bout this take.
So Inflation has several possible reasons:
* There is more money than goods. Of course the rpice of goods rises. That "more money"" can have several sources:
1) The government is printing more to pay for thier deficit.
2) banks giev at low rates, so that epople can spend.
Clear so far?
We have 20% price rises under Biden. Trump has slowed down inlation, which is. a start.
It is hard to convince the consumers that things are better looking, it will take a while.
We need to balance the budget. Inflation comes from monetizing the debt. When the fed buys the debt, it is bought with new money, printed, that money goes into circulation, which devalues the money that is in circulation. So inflation has a cause, it is not a mystery. Inflation is caused by the financing of he national debt. We need to have less debt,,,,,so, we need to balance the budget. Trump understands that.
This is as simple as I can answer this. To have said 'printing money causes inflation' might lead one of us to picture just throwing money into circulation. That statement needs to explain the nature of such money as affects the national debt, and that seemingly no thought has been given for YEARS to balancing the debt. Case closed.
One more thing. President Kamala, I mean Trump, has garnered almost $20T in foreign investments pouring into this country. Revenue city.
You fellers need to give all this a little time....he has 3 more years.
@AverageJoe1 saidInterest rates determine the return on money; the higher the rate the better the return. So if you lower Interest rates, you lessen the return on the dollar and make it less desirable compared to other currencies. Thus, lowering interest rates lead to a weaker dollar contrary to your babbling. This tends to increase the price of imports and therefore result in higher inflation.
Contrary to you, fellas on the forum, Trump is not the reason for the cost of high prices. Long-term tariff results aside for a moment, the reason prices go up is because of devaluation of the dollar. Trump is beside himself mad at Powell, who willnot reduce his rates. If the rates are reduced, the value of the dollar goes up. Which means the cost of goods would go down. ...[text shortened]... f your man Trump trying to do the right thing and running this country. Take it for what it’s worth.
Maybe when you get to high school, your district will offer a basic Economics course so you won't make such obvious errors.
@no1marauder saidSkip to major issue please, talk about babbling. Funny, such posts purport to 'have the answer' by just bouncing around ideas about inflation. Lord, what if SHOuse just chimes right on in. So, let's be easy. We are where we are. Minds smarter than ours crunch inflation 24/7, it is here, and dropping, so while that is happening in one agency, there is a 'Budget Balancing' group that Kamala has working 24/7.
Interest rates determine the return on money; the higher the rate the better the return. So if you lower Interest rates, you lessen the return on the dollar and make it less desirable compared to other currencies. Thus, lowering interest rates lead to a weaker dollar contrary to your babbling. This tends to increase the price of imports and therefore result in higher infl ...[text shortened]... igh school, your district will offer a basic Economics course so you won't make such obvious errors.
Will you agree that balancing the budget is the only answer to our economy, which, as it balances, will serve a reduction of inflation.
Let's agree on something. Balancing the budget? Would that work for you?
If you want to be obtuse, start a thread on WHY, oh WHY, is there inflation who started it and why!
@Ponderable saidYes, arguments for sure , but I myself find it boring to discuss how things 'got' here...Of course, SHouse is the classic, he writes all the time like today is Jan 7, 2023.(? I don't even remember). I do know Trump did not pull off a coup, and that it is 2025 now. Which would you rather?? And the Epstein thread?? The worst. Talk about opinions!!! Why would you want to know 'why' I don't want a brawny boy competing with my fragile grandaughter who is out to learn about the world. To grow....like a girl.
In fact I am not a US citizen and never pretended to be. In Germany I am counted as "conservative". And I even don't think that I can do much in terms of steering politics in Germany, much less in the USA.
Now I want to understand how people come to their opinions, and there are arguments, and that would require debate.
So, I am having a rousing discussion about the budget (i think) with Marauder. What is your 'opinion', followed by a solution. I say no to subsidizing insurance companies, for instance. There are thousands of companies competing out there, govt should get hell out of the way. It is not in the constituion.
@AverageJoe1 saidHow are you going to achieve a balanced budget with a $4 trillion tax cut and an annual military budget of $900 billion?
Skip to major issue please, talk about babbling. Funny, such posts purport to 'have the answer' by just bouncing around ideas about inflation. Lord, what if SHOuse just chimes right on in. So, let's be easy. We are where we are. Minds smarter than ours crunch inflation 24/7, it is here, and dropping, so while that is happening in one agency, there is a 'Budget Balanc ...[text shortened]...
If you want to be obtuse, start a thread on WHY, oh WHY, is there inflation who started it and why!
@no1marauder saidWell, there are really more agencies than military that are spending too much money. The welfare agency, for lack of a better universal moniker, is wasting money. They give money to people who are not entitled to the benefits. (look it up if you don't believe me) I will try to whittle the military expenses, that we do not need, like the extra B-2 bombers that just stopped Iran in its tracks \. I am not concerned about any country, ever attacking the USA. Naaa. Nor our friends, like the Netherlands or Romania.(which is close to Ukraine..hmmmmm)
How are you going to achieve a balanced budget with a $4 trillion tax cut and an annual military budget of $900 billion?
So I will cut that back a few billion. So what are you going to roll back ,,,,,Just hypotheteical of course.
@AverageJoe1 saidBwahahaha!
I'll go with Bessent
What a buffoon. No wonder you love Trump's ship of fools. They're just like you.
@Suzianne saidPlease give marauder room to respond as we await his answer to this problem. We all think too much money is spent on military, which just gathers dust, I am told. So I am going to petition to reduce military expense by several billion dollars.
Bwahahaha!
What a buffoon. No wonder you love Trump's ship of fools. They're just like you.
Marauder will hopefully respondrespond with what give-away programs would be canceled. All hypothetically of course
1 edit
@AverageJoe1 saidCould save $20-25 billion a year by stopping this agency from staging military type raids on state fairs and apartment buildings to harass working folks and families who should be given a path to citizenship and having it concentrate on criminals and undesirables.https://www.brennancenter.org/our-work/analysis-opinion/big-budget-act-creates-deportation-industrial-complex
Please give marauder room to respond as we await his answer to this problem. We all think too much money is spent on military, which just gathers dust, I am told. So I am going to petition to reduce military expense by several billion dollars.
Marauder will hopefully respondrespond with what give-away programs would be canceled. All hypothetically of course
@no1marauder said? Your plan to cut welfare costs? It was your turn.
Could save $20-25 billion a year by stopping this agency from staging military type raids on state fairs and apartment buildings to harass working folks and families who should be given a path to citizenship and having it concentrate on criminals and undesirables.https://www.brennancenter.org/our-work/analysis-opinion/big-budget-act-creates-deportation-industrial-complex
@AverageJoe1 saidWhy would we cut "welfare costs"? Our system is the stingiest in the developed world as far as providing benefits to those disadvantaged by the capitalist system.
? Your plan to cut welfare costs? It was your turn.
@no1marauder saidSo cut military and increase supporting dependents ? And I’m hearing more and more to provide housing and healthcare, etc.? New report today, illegal aliens have cost us over $200 billion and it will continue to go up. Why should I agree to cut our military and leave our country vulnerable, and you will not agree to cut anything, and indeed, want to spend more money on dependents? How do you decide who gets free stuff? Are you one of those people? Creepy.
Why would we cut "welfare costs"? Our system is the stingiest in the developed world as far as providing benefits to those disadvantaged by the capitalist system.
Here’s one for you. Everybody is going crazy to shut Elon down and stop him from being a trillionaire. However, no one ever wants to stop Taylor Swift from making millions and millions of dollars. He actually provides something, she does not provide anything. This is typical lib logic.
Punish him but not her. Very entertaining to people like myself.
You won’t comment on it, though.
So Are you still hell-bent on having people that have the means support the people that will not support themselves? Marxism. You do believe that, but you will not say that you believe that, so this tells me that you are very conflicted person.