Trump is pro-inflation: "you make a hell of a lot more money"

[nikcers]

You mean by overregulating small business?

Regulations can be good medicine. They can reduce waste and create the incentive for innovations.

 

[acptulsa]

Regulations can be good medicine...

... for multinational corporations.

Globalist scumbot.

 

[nikcers]

... for multinational corporations.

Globalist scumbot.

As long as there is fair competition there is nothing wrong with corporations.

Walmart has done a lot to keep food prices down in our country and by doing so they have fed more people than I could ever feed.

 

[ClaytonB]

I think its the primary reason why Americans are unhappy.

The majority of people in our country are younger than 56 and are dependent and unable to provide for their basic need of shelter.

That's not the lesson. The lesson is that we are being systematically transitioned from being an ownership-based society to a rent-based society. Rent has its place, nothing wrong with renting, I've rented my whole life. But ownership changes the relationship of the citizen to their country because now they are taking a stake in it (investing). If you own a house, you want the roads in your neighborhood to be well maintained not only because they're nicer to drive over, but also because bad roads in your neighborhood drive down the value of your property. This aligns your interests with the interests of the community, and vice-versa.

The central banking system whose boot-polish you* can never ingest enough of, by contrast, has a primary strategic goal of expanding debt as much as possible, because that's how credit expansion works. The banks only earn interest on non-existent (fraudulent) balances if they can issue loans to have an excuse to invent those balances. Also, another overriding goal of the central bank is to centralize liquidity as much as possible. Every cash balance held free and clear is a liquid asset that is outside of the control of the central bank, and this is a net risk to the banking system because you could demand cash payment of your deposits at any time. To minimize the risk of collapse, the central bank does everything it can to convince everybody to make their balance sheets as illiquid as possible. There is nothing more illiquid than a 30-year home mortgage, so this is why the 30-year home mortgage is constantly pumped into everybody's faces 24x7.

The problem with this is that, in the long run, you make the entire real estate sector fake. More and more people are buying homes they can't afford because that's "the thing to do" but, long-run, this is economically unsustainable behavior, so the bottom rungs of the ladder in the housing market start getting sawed out. Virtually every county in the US is actively hostile to trailers, manufactured homes, tiny homes and other off-grid housing systems, even though these are a great way for young people start owning real estate. New entrants to the housing market are not desired or welcome and it doesn't matter, either, because their savings rate is net-negative anyway, so there are no assets they have to even make illiquid (the 30-year mortgage is not even needed now, everybody is already buried in CC debt before the word Go).

All of this, so we can have a money idol in DC that runs a printing press and prints a literal ocean of money to be lit on fire by the omnipotent welfare-warfare state. Oh, what ever would we do without that "engine" of the economy, where "engine" means "economy-destroying conflagration".

Maybe they'll start making strawberry-flavored boot-polish for your central-bank boot-licking enjoyment....

*I am using the word "you" poetically, here, not literally.

 

[nikcers]

That's not the lesson. The lesson is that we are being systematically transitioned from being an ownership-based society to a rent-based society. Rent has its place, nothing wrong with renting, I've rented my whole life. But ownership changes the relationship of the citizen to their country because now they are taking a stake in it (investing). If you own a house, you want the roads in your neighborhood to be well maintained not only because they're nicer to drive over, but also because bad roads in your neighborhood drive down the value of your property. This aligns your interests with the interests of the community, and vice-versa.

The central banking system whose boot-polish you* can never ingest enough of, by contrast, has a primary strategic goal of expanding debt as much as possible, because that's how credit expansion works. The banks only earn interest on non-existent (fraudulent) balances if they can issue loans to have an excuse to invent those balances. Also, another overriding goal of the central bank is to centralize liquidity as much as possible. Every cash balance held free and clear is a liquid asset that is outside of the control of the central bank, and this is a net risk to the banking system because you could demand cash payment of your deposits at any time. To minimize the risk of collapse, the central bank does everything it can to convince everybody to make their balance sheets as illiquid as possible. There is nothing more illiquid than a 30-year home mortgage, so this is why the 30-year home mortgage is constantly pumped into everybody's faces 24x7.

The problem with this is that, in the long run, you make the entire real estate sector fake. More and more people are buying homes they can't afford because that's "the thing to do" but, long-run, this is economically unsustainable behavior, so the bottom rungs of the ladder in the housing market start getting sawed out. Virtually every county in the US is actively hostile to trailers, manufactured homes, tiny homes and other off-grid housing systems, even though these are a great way for young people start owning real estate. New entrants to the housing market are not desired or welcome and it doesn't matter, either, because their savings rate is net-negative anyway, so there are no assets they have to even make illiquid (the 30-year mortgage is not even needed now, everybody is already buried in CC debt before the word Go).

All of this, so we can have a money idol in DC that runs a printing press and prints a literal ocean of money to be lit on fire by the omnipotent welfare-warfare state. Oh, what ever would we do without that "engine" of the economy, where "engine" means "economy-destroying conflagration".

Maybe they'll start making strawberry-flavored boot-polish for your central-bank boot-licking enjoyment....

*I am using the word "you" poetically, here, not literally.

I just can't agree with the cause of the problem being our economic system.

We had the federal reserve 30 years ago and didn't have this problem.

The new world order created after the fall of the Soviet Union created a globalized economy that put the American people last.

Ross Perot predicted this when he ran for president. He also predicted the mass migration into our country which has made housing unaffordable.

Trump is changing that but it takes more time than a couple of months

 

[ClaytonB]

I just can't agree with the cause of the problem being our economic system.

We had the federal reserve 30 years ago and didn't have this problem.

Wow, that's dumb, even for a bot.

"My tire was hissing 30 minutes ago, and it wasn't flat then, so that couldn't have caused the flat!"

The new world order created after the fall of the Soviet Union created a globalized economy that put the American people last.

TeH nEw WoRlD oRdEr is just a deceptive name for the Antichrist's World Order, and it's been baking in the oven for 2,000 years.

 

[acptulsa]

Ross Perot predicted this when he ran for president. He also predicted the mass migration into our country which has made housing unaffordable.

Oh, sure. Falling real world wages and ridiculous regulations and codes and McMansions and property taxes and inner cities with starter bungalows falling apart and skyrocketing insurance all had nothing to do with it. Only the cause celebrity du jure caused it.

Very botlike thinking. No connection to reality at all. A thought concocted in the internet, signifying nothing.

 

[acptulsa]