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Let's Talk About- Political Edition
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(03-27-2021, 06:03 PM)MarleyJag Wrote:(03-27-2021, 05:37 PM)mikesez Wrote: I have two kids. How would they benefit from a reduced deficit? It would shrink the economy. I think there is a good chance that the powers that be are letting inflation happen in order to reduce the real value of the federal debt. There's no way we can pay it back. And it's getting to the point where we won't be able to even pay the interest on it. The only way out of this mess is inflation. Inflation will bring in more tax revenue, therefore allowing the government to afford the trillions in debt they have piled up. It is a conspiracy theory, but I think it's plausible. The problem will be controlling the inflation. |
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