You yourself said you dont know much about economics
i never said that. dont believe everything you read from other posters.
I mean the Fed has lent out/"created" trillions over the past few years. Why haven't we seen this inflation you say is coming, from the same shyt that they have been doing since 08?
we will.
gradual inflation over time is one thing.
but to drop several trillie in a two year span is a completely different beast.
plus we are lacking the economic infrastructure to soften the blow of the onsetting inflation, which makes everything worse.
lots of governments around the world are softening their position with the dollar cuz they know its doomed... americans are the only ones who dont know, for obvious reasons.
one, our media is controlled and filtered as propaganda, and two, we have to continue our consumerism until the last hour. we are no good to china and our debtors if we stop consuming. once we stop consuming we have ceased our usefulness. china lends us money so we can buy their shyt lol so we're getting fukked on both ends.
trust me, this will be ugly duke.
Your the idiot talking about protectionism has been the foundation for prosperity for thousands of years. And that in order to get back on track we need to embrace quota's and tariffs again, you would be hard pressed to find an international trade economist who would agree with you.
not protectionism across the board. many of our corps are locked and loaded for international competition and will BENEFIT from introduction into foreign markets.
but some sectors of the economy do need more protectionism, but not this current psuedo-protectionism on the part of our govt that benefits big corps, but the kind of protectionism that actually levels the playing field and rewards best business practices.
many shades of gray here
Inflation does not come from creating money, but from it being circulating in the system. As long as it is not used it won't affect the value of the currency.
you're just wrong here.
it was created by the fed and circulated to the banks, and the american taxpayer is picking up the tab.
that means its in the system, and now we are accountable for that money.
But isolationism != protectionism. Tariffs are garbage and a bandaid for a country's inability to compete. Its a bandaid for the symptom instead of the disease
its not protectionism across the board. every sector of the economy is different and every business is different.
Outsourcing different sections of companies is/was the initial problem and needs to be dealt with.
i agree there
But to address the post about auditing, I don't see the problem with having the government surveillance the FEDS annually. It is appropriate, especially when the FEDS have internal auditing conducted by correspondents from the large banks, can't we take a peek?
can we look at our OWN books? are you serious?!? do you hear what you sound like? "can't we take a peek?" lol cmon dude this is our show not theirs, grab ya balls.
a glorified accounting service tells you they cant account for 9 trillion dollars of YOUR money and youre asking politely to see YOUR books... lol un-fukking real.