Deficit to hit $897 Billion this year, Debt headed towards highest level since WWII

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Deficit to hit $897 Billion this year, Debt headed towards highest level since WWII

The Real Marty
Really
Posts: 14,988
Threads: 373
Joined: Aug 2003
Reputation: 370

#30

01-31-2019, 07:30 AM

(01-30-2019, 05:57 PM)B2hibry Wrote:
(01-30-2019, 05:46 PM)mikesez Wrote: You're correct.
Debt is a monetary tool.
But there is still such a thing as too much, and having too much can cause inflation.
This level of deficit creation during low unemployment is going to create inflation. It has already raised interest rates.
The political donor class mostly loves high interest rates; more of them live off the fat of the land. The ones who over leverage themselves like Trump did are more rare. Trump wants low interest rates. The people above him want high.
It may in fact cause inflation but remains to be seen. I think we are still pretty early into the newer policies. The Feds just announced interest rates will remain and they plan on staying patient. Whatever that means in their world. I think we’ll be fine for a bit after this last correction as long as nothing stupid occurs geopolitically.

If you want to see how government debt causes inflation, look at Venezuela. Out of control government spending had to be financed by printing money, and now as a result, they have hyperinflation. Then they compounded it with price controls which led to shortages and starvation.

Messages In This Thread

Deficit to hit $897 Billion this year, Debt headed towards highest level since WWII - by jradMITEX - 01-29-2019, 02:37 PM

RE: Deficit to hit $897 Billion this year, Debt headed towards highest level since WWII - by StroudCrowd1 - 01-29-2019, 03:09 PM

RE: Deficit to hit $897 Billion this year, Debt headed towards highest level since WWII - by TJBender - 01-29-2019, 03:11 PM

RE: Deficit to hit $897 Billion this year, Debt headed towards highest level since WWII - by B2hibry - 01-29-2019, 04:13 PM

RE: Deficit to hit $897 Billion this year, Debt headed towards highest level since WWII - by TheO-LineMatters - 01-30-2019, 04:43 PM

RE: Deficit to hit $897 Billion this year, Debt headed towards highest level since WWII - by B2hibry - 01-30-2019, 05:28 PM

RE: Deficit to hit $897 Billion this year, Debt headed towards highest level since WWII - by mikesez - 01-30-2019, 05:46 PM

RE: Deficit to hit $897 Billion this year, Debt headed towards highest level since WWII - by B2hibry - 01-30-2019, 05:57 PM

RE: Deficit to hit $897 Billion this year, Debt headed towards highest level since WWII - by The Real Marty - 01-31-2019, 07:30 AM

RE: Deficit to hit $897 Billion this year, Debt headed towards highest level since WWII - by B2hibry - 01-31-2019, 09:12 AM

RE: Deficit to hit $897 Billion this year, Debt headed towards highest level since WWII - by mikesez - 01-31-2019, 09:30 AM

RE: Deficit to hit $897 Billion this year, Debt headed towards highest level since WWII - by TheO-LineMatters - 01-31-2019, 01:06 AM

RE: Deficit to hit $897 Billion this year, Debt headed towards highest level since WWII - by B2hibry - 01-31-2019, 09:43 AM

RE: Deficit to hit $897 Billion this year, Debt headed towards highest level since WWII - by mikesez - 01-31-2019, 10:11 AM

RE: Deficit to hit $897 Billion this year, Debt headed towards highest level since WWII - by B2hibry - 01-31-2019, 10:36 AM

RE: Deficit to hit $897 Billion this year, Debt headed towards highest level since WWII - by TheO-LineMatters - 01-31-2019, 03:32 PM

RE: Deficit to hit $897 Billion this year, Debt headed towards highest level since WWII - by TJBender - 01-29-2019, 05:02 PM

RE: Deficit to hit $897 Billion this year, Debt headed towards highest level since WWII - by StroudCrowd1 - 01-29-2019, 05:20 PM

RE: Deficit to hit $897 Billion this year, Debt headed towards highest level since WWII - by TJBender - 01-29-2019, 05:34 PM

RE: Deficit to hit $897 Billion this year, Debt headed towards highest level since WWII - by mikesez - 01-30-2019, 12:31 PM

RE: Deficit to hit $897 Billion this year, Debt headed towards highest level since WWII - by StroudCrowd1 - 01-30-2019, 12:40 PM

RE: Deficit to hit $897 Billion this year, Debt headed towards highest level since WWII - by B2hibry - 01-30-2019, 01:00 PM

RE: Deficit to hit $897 Billion this year, Debt headed towards highest level since WWII - by StroudCrowd1 - 01-30-2019, 01:06 PM

RE: Deficit to hit $897 Billion this year, Debt headed towards highest level since WWII - by B2hibry - 01-30-2019, 01:12 PM

RE: Deficit to hit $897 Billion this year, Debt headed towards highest level since WWII - by TJBender - 01-30-2019, 02:35 PM

RE: Deficit to hit $897 Billion this year, Debt headed towards highest level since WWII - by jradMITEX - 01-30-2019, 02:00 PM

RE: Deficit to hit $897 Billion this year, Debt headed towards highest level since WWII - by Adam2012 - 01-30-2019, 02:10 PM

RE: Deficit to hit $897 Billion this year, Debt headed towards highest level since WWII - by The Real Marty - 01-30-2019, 03:42 PM

RE: Deficit to hit $897 Billion this year, Debt headed towards highest level since WWII - by B2hibry - 01-30-2019, 05:43 PM

RE: Deficit to hit $897 Billion this year, Debt headed towards highest level since WWII - by TJBender - 01-30-2019, 06:08 PM

RE: Deficit to hit $897 Billion this year, Debt headed towards highest level since WWII - by B2hibry - 01-30-2019, 07:03 PM

RE: Deficit to hit $897 Billion this year, Debt headed towards highest level since WWII - by The Real Marty - 01-31-2019, 07:25 AM

RE: Deficit to hit $897 Billion this year, Debt headed towards highest level since WWII - by flsprtsgod - 01-31-2019, 08:23 AM

RE: Deficit to hit $897 Billion this year, Debt headed towards highest level since WWII - by The Real Marty - 01-31-2019, 09:03 AM

RE: Deficit to hit $897 Billion this year, Debt headed towards highest level since WWII - by StroudCrowd1 - 01-31-2019, 09:08 AM

RE: Deficit to hit $897 Billion this year, Debt headed towards highest level since WWII - by copycat - 01-31-2019, 06:34 PM

RE: Deficit to hit $897 Billion this year, Debt headed towards highest level since WWII - by TheO-LineMatters - 02-01-2019, 12:35 AM

RE: Deficit to hit $897 Billion this year, Debt headed towards highest level since WWII - by mikesez - 02-01-2019, 12:47 AM

RE: Deficit to hit $897 Billion this year, Debt headed towards highest level since WWII - by copycat - 02-01-2019, 12:34 PM

RE: Deficit to hit $897 Billion this year, Debt headed towards highest level since WWII - by MalabarJag - 01-31-2019, 11:27 AM

RE: Deficit to hit $897 Billion this year, Debt headed towards highest level since WWII - by mikesez - 01-31-2019, 11:51 AM

RE: Deficit to hit $897 Billion this year, Debt headed towards highest level since WWII - by MalabarJag - 01-31-2019, 12:11 PM

RE: Deficit to hit $897 Billion this year, Debt headed towards highest level since WWII - by The Real Marty - 01-31-2019, 02:44 PM

RE: Deficit to hit $897 Billion this year, Debt headed towards highest level since WWII - by B2hibry - 01-31-2019, 03:22 PM

RE: Deficit to hit $897 Billion this year, Debt headed towards highest level since WWII - by TJBender - 01-31-2019, 03:47 PM

RE: Deficit to hit $897 Billion this year, Debt headed towards highest level since WWII - by Cleatwood - 01-31-2019, 05:10 PM

RE: Deficit to hit $897 Billion this year, Debt headed towards highest level since WWII - by TheO-LineMatters - 01-31-2019, 06:00 PM

RE: Deficit to hit $897 Billion this year, Debt headed towards highest level since WWII - by Cleatwood - 02-01-2019, 09:32 AM

RE: Deficit to hit $897 Billion this year, Debt headed towards highest level since WWII - by flsprtsgod - 02-01-2019, 12:53 PM

RE: Deficit to hit $897 Billion this year, Debt headed towards highest level since WWII - by TJBender - 02-01-2019, 01:14 PM

RE: Deficit to hit $897 Billion this year, Debt headed towards highest level since WWII - by flsprtsgod - 01-31-2019, 03:30 PM

RE: Deficit to hit $897 Billion this year, Debt headed towards highest level since WWII - by jagibelieve - 01-30-2019, 07:08 PM

RE: Deficit to hit $897 Billion this year, Debt headed towards highest level since WWII - by TJBender - 01-30-2019, 08:29 PM

RE: Deficit to hit $897 Billion this year, Debt headed towards highest level since WWII - by Lucky2Last - 01-30-2019, 10:05 PM

RE: Deficit to hit $897 Billion this year, Debt headed towards highest level since WWII - by B2hibry - 01-30-2019, 10:35 PM

RE: Deficit to hit $897 Billion this year, Debt headed towards highest level since WWII - by JackCity - 01-31-2019, 08:39 AM

RE: Deficit to hit $897 Billion this year, Debt headed towards highest level since WWII - by jradMITEX - 01-31-2019, 08:41 PM

RE: Deficit to hit $897 Billion this year, Debt headed towards highest level since WWII - by copycat - 01-31-2019, 09:12 PM

RE: Deficit to hit $897 Billion this year, Debt headed towards highest level since WWII - by jradMITEX - 01-31-2019, 09:23 PM

RE: Deficit to hit $897 Billion this year, Debt headed towards highest level since WWII - by flsprtsgod - 01-31-2019, 09:30 PM

RE: Deficit to hit $897 Billion this year, Debt headed towards highest level since WWII - by MalabarJag - 02-01-2019, 10:31 AM

RE: Deficit to hit $897 Billion this year, Debt headed towards highest level since WWII - by The Real Marty - 02-01-2019, 11:07 AM

RE: Deficit to hit $897 Billion this year, Debt headed towards highest level since WWII - by B2hibry - 02-01-2019, 04:49 PM

RE: Deficit to hit $897 Billion this year, Debt headed towards highest level since WWII - by TJBender - 02-01-2019, 06:47 PM

RE: Deficit to hit $897 Billion this year, Debt headed towards highest level since WWII - by B2hibry - 02-01-2019, 07:14 PM

RE: Deficit to hit $897 Billion this year, Debt headed towards highest level since WWII - by TJBender - 02-01-2019, 08:05 PM

RE: Deficit to hit $897 Billion this year, Debt headed towards highest level since WWII - by mikesez - 02-01-2019, 09:01 PM

RE: Deficit to hit $897 Billion this year, Debt headed towards highest level since WWII - by copycat - 02-02-2019, 06:43 PM

RE: Deficit to hit $897 Billion this year, Debt headed towards highest level since WWII - by mikesez - 03-31-2019, 09:04 AM

RE: Deficit to hit $897 Billion this year, Debt headed towards highest level since WWII - by B2hibry - 03-31-2019, 09:39 AM

RE: Deficit to hit $897 Billion this year, Debt headed towards highest level since WWII - by flsprtsgod - 03-31-2019, 11:49 AM

RE: Deficit to hit $897 Billion this year, Debt headed towards highest level since WWII - by mikesez - 03-31-2019, 12:32 PM

RE: Deficit to hit $897 Billion this year, Debt headed towards highest level since WWII - by flsprtsgod - 03-31-2019, 08:44 PM

RE: Deficit to hit $897 Billion this year, Debt headed towards highest level since WWII - by jj82284 - 03-31-2019, 10:49 AM

RE: Deficit to hit $897 Billion this year, Debt headed towards highest level since WWII - by B2hibry - 05-03-2019, 02:26 PM

RE: Deficit to hit $897 Billion this year, Debt headed towards highest level since WWII - by mikesez - 05-03-2019, 02:40 PM

RE: Deficit to hit $897 Billion this year, Debt headed towards highest level since WWII - by jagibelieve - 05-03-2019, 03:05 PM

RE: Deficit to hit $897 Billion this year, Debt headed towards highest level since WWII - by copycat - 05-03-2019, 04:43 PM

RE: Deficit to hit $897 Billion this year, Debt headed towards highest level since WWII - by TJBender - 05-04-2019, 04:56 AM

RE: Deficit to hit $897 Billion this year, Debt headed towards highest level since WWII - by B2hibry - 05-04-2019, 09:31 AM

RE: Deficit to hit $897 Billion this year, Debt headed towards highest level since WWII - by flsprtsgod - 05-04-2019, 11:39 AM

RE: Deficit to hit $897 Billion this year, Debt headed towards highest level since WWII - by mikesez - 05-04-2019, 04:19 PM

RE: Deficit to hit $897 Billion this year, Debt headed towards highest level since WWII - by copycat - 05-04-2019, 07:33 PM

RE: Deficit to hit $897 Billion this year, Debt headed towards highest level since WWII - by flsprtsgod - 05-04-2019, 07:38 PM

RE: Deficit to hit $897 Billion this year, Debt headed towards highest level since WWII - by copycat - 05-04-2019, 08:53 PM

RE: Deficit to hit $897 Billion this year, Debt headed towards highest level since WWII - by The Real Marty - 05-05-2019, 02:39 AM

RE: Deficit to hit $897 Billion this year, Debt headed towards highest level since WWII - by flsprtsgod - 05-05-2019, 08:02 AM

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