Yes but we are surpassing 22 Trillion in debt. Certainly the tax cut and de-regulation have helped the economy. All the fundamental flaws are still present however. The massive debt, unfunded liabilities, etc etc. I'm no economist but when do "they" crash the system while Trump is in office with some mantra of "see told you so capitalism doesn't work." Kevin
The Fed has the capability to do that to the stock market by raising interest rates which was probably a reason for the big down turn in November-December of 2018. On the other hand, it would be good if interest rates were a stable 4-5% as they once were where savings and CD's could us, especially in retirement, regular income to supplement SS without having to be concerned with stock market fluctuations and more complex IRS tax laws.
Trump should consider having the Treasury print interest free "United States Notes" backed by silver like JFK did in June 1963. Well, that lasted until immediately after his assassination...probably because it would've put the private Fed out of business in the U.S. --Ron W
Trump should consider having the Treasury print interest free "United States Notes" backed by silver like JFK did in June 1963. Well, that lasted until immediately after his assassination...probably because it would've put the private Fed out of business in the U.S.
I have a $2 (with Jefferson's pic)and a $5 1963 United States Notes dated 1963 with Treasury Sec. Douglas Dillion's signature. Those were the first of the JFK executive order for $5 billion of issuance. That was immediately rescinded after his assassination since eventually the private banking cartel, Fed Reserve, would have been out of business in the U.S.--something the "Deep State" would not allow. --Ron W
"they"do not need to crash the capitalism systems "they" only need to have the media do what they are doing right now which is tell everyone that the system has crashed and have the statement believed regardless of fact. As Orwell put it, when you have the people fooled by only letting them hear what YOU want them to know, you have them by the balls forever. Orwell further put it that repetition of statements has the quality of making statements that are true or fake become factual beyond any conceivable finding. during the shutdown in Jan2019, how many times has the media stated that the economy was down the tubes? and did you believe it as the statement was repeated as fact? and when the true economic numbers for the month came out, did you find them credible? gotta love orwell, mandatory reading for political and advertising ops.
Yes but we are surpassing 22 Trillion in debt. Certainly the tax cut and de-regulation have helped the economy. All the fundamental flaws are still present however. The massive debt, unfunded liabilities, etc etc. I'm no economist but when do "they" crash the system while Trump is in office with some mantra of "see told you so capitalism doesn't work." Kevin
ReplyDeletethey" crash the system while Trump is in office with some mantra of "see told you so capitalism doesn't work
Delete:(
The Fed has the capability to do that to the stock market by raising interest rates which was probably a reason for the big down turn in November-December of 2018. On the other hand, it would be good if interest rates were a stable 4-5% as they once were where savings and CD's could us, especially in retirement, regular income to supplement SS without having to be concerned with stock market fluctuations and more complex IRS tax laws.
DeleteTrump should consider having the Treasury print interest free "United States Notes" backed by silver like JFK did in June 1963. Well, that lasted until immediately after his assassination...probably because it would've put the private Fed out of business in the U.S. --Ron W
Trump should consider having the Treasury print interest free "United States Notes" backed by silver like JFK did in June 1963. Well, that lasted until immediately after his assassination...probably because it would've put the private Fed out of business in the U.S.
DeleteThanks as I don't remember.
I have a $2 (with Jefferson's pic)and a $5 1963 United States Notes dated 1963 with Treasury Sec. Douglas Dillion's signature. Those were the first of the JFK executive order for $5 billion of issuance. That was immediately rescinded after his assassination since eventually the private banking cartel, Fed Reserve, would have been out of business in the U.S.--something the "Deep State" would not allow. --Ron W
DeleteThanks.
Delete"they"do not need to crash the capitalism systems "they" only need to have the media do what they are doing right now which is tell everyone that the system has crashed and have the statement believed regardless of fact. As Orwell put it, when you have the people fooled by only letting them hear what YOU want them to know, you have them by the balls forever. Orwell further put it that repetition of statements has the quality of making statements that are true or fake become factual beyond any conceivable finding. during the shutdown in Jan2019, how many times has the media stated that the economy was down the tubes? and did you believe it as the statement was repeated as fact? and when the true economic numbers for the month came out, did you find them credible? gotta love orwell, mandatory reading for political and advertising ops.
ReplyDeletel, mandatory reading for political and advertising ops.
Delete:)