16.5 Trillion in debt later......

[G0ldenState]

Fed comes out announcing that its keeping 0% interest rates and printing 85 Billion a month.

Brb printing out way out of debt (strong inflation)
Brb $1000 gasoline
Brb robbing anyone holding US dollars by printing more dollars causing the value of current dollars to be worth less
Brb income taxes going up. Robbing Americans at its finest. Death either by tax increases or inflation.
Brb we're FKED

EDIT: The United States Constitution declares, in Article I, Section 10, "No State shall... make any Thing but gold and silver Coin a Tender in Payment of Debts". This means that no State can make something besides gold or silver a "tender in payment" (which means they cannot "make something else an offer as payment") for any debts, which would include debts owed by and to the State.

After we went off the gold standard, free money printing by the Feds.

By far gold and silver is best form of protection against inflation.

[PowerOfTruth]

All by design, my friend. All by design.

[res.ume]

What is the inflation rate today?

Also what is the expected inflation rate over the next few years?

[shfranko]

The US citizens pay siht all in taxes compared to some other first world contries.

[UsernameTaken]

All by design, my friend. All by design.

Someone had to say it...



(btw, strong username to post content ratio.)

[abandonedship]

The US citizens pay siht all in taxes compared to some other first world contries.

some of us work for a living instead of voting for a living.

[skinnyaltima]

Shopping in America is best shopping

[bottle_cap]

OP mad he didnt get an obamaphone
lololol

[0rbit]

The death of America is inevitable at this point. The retarded liberals and Zionist socialists have ran the economy into the ground with their socialist styled economic policies. Soon all of America will have just as shtty of an economy as California. Also taxes increases won't make a dent in our debt if you look at the math, even if you taxed every rich person in America %99. America's economy will collapse because of reckless spending from liberals and Zionist Jews that have stolen trillions of dollars.

[GolfPants]

Quantitative easing is best easing.

[Lendogg]

such a high debt and such a strong push to get rid of guns..... hmmmmm

[Ratfish]

Fed comes out announcing that its keeping 0% interest rates and printing 85 Billion in a month.

Brb printing out way out of debt (strong inflation)
Brb $1000 gasoline
Brb robbing anyone holding US dollars by printing more dollars causing the value of current dollars to be worth less
Brb income taxes going up. Robbing Americans at its finest. Death either by tax increases or inflation.
Brb we're FKED

no no, fuel isn't included in core inflation so 1000 dollar gas is ok

[dmacattack]

What is the inflation rate today?

Also what is the expected inflation rate over the next few years?

CPI is rigged brah.

[ScubaStevo]

What do you want me to say? We'll be at 20+ trillion in debt by 2016.

Basically I am going to buy as many of my essential hard assets as I can now, including firearms - while money still has value and prices are relatively low.

[abezyana]

Brb the Kardashians are on.



notsrs

[SpartacusNYC]

some of us work for a living instead of voting for a living.

U wot m8?

[LaneKiffin]

Fed comes out announcing that its keeping 0% interest rates and printing 85 Billion in a month.

Brb printing out way out of debt (strong inflation)
Brb $1000 gasoline
Brb robbing anyone holding US dollars by printing more dollars causing the value of current dollars to be worth less
Brb income taxes going up. Robbing Americans at its finest. Death either by tax increases or inflation.
Brb we're FKED

EDIT: The United States Constitution declares, in Article I, Section 10, "No State shall... make any Thing but gold and silver Coin a Tender in Payment of Debts". This means that no State can make something besides gold or silver a "tender in payment" (which means they cannot "make something else an offer as payment") for any debts, which would include debts owed by and to the State.

After we went off the gold standard, free money printing by the Feds.

By far gold and silver is best form of protection against inflation.

another country, i think Germany, tried this and it backfired like a mofo

[ChileanBrah]

[Jeddore]

occupywallstreetprotestorendthefed.mov

oh here it is

[socrates07]

For what it's worth I don't think this can happen in this country because of it's citizens.. all out revolution happened once before, it will happen again before the country is totally done if this was the case

[Grinners]

[TyGuy505]

Thanks Obama

[abandonedship]

the US/global economy is about to collapse.



they're trying to disarm us.



coincidence?

[Kpanic]

The problem is that America needs some inflation.. But more importantly, needs to devalue its dollar. Devalue the dollar, and that will heavily reduce imports, boost local production and create local growth.

Happened to Australia - One aussie dollar was worth 49US cents. All of a sudden our balance of trade was positive for the first time ever, we boosted employment and paid off all our debt. Imports were ****ing expensive, and no one could afford to travel overseas, but it fixed our economy. Once the economy was back running again - wages near on doubled, the value of the dollar doubled and we powered through a global recession or two with very little impact.

Until the US starts employing their people and experiencing wages growth - no one can afford to buy **** (except for cheap chinese ****) and your economy will remain in the crapper.

[fuzionite]

The days of the golden dinar are ahead.

[jasonjb]

inb4 post ww1 germany inflation. Jakes on you, Glen Beck and Alex Jones are going to create their own party and get elected

[Cracl]

America is still in a pretty bad state eceonomy wise, stimulating the economy is not a bad idea really. Their 85billion dollar scheme stimulus is probably alot to do with the buying of bonds from financial institutions which would drop the cash rate
but printing money isn't so bad per-se when the country is in such a bad state, as long as they soak up the excess when the economy starts gaining some steam.
The credit bubble just burst 2 years ago, it's going to take time before you guys are back to your peak

[InfinityThor]

as long as they soak up the excess when the economy starts gaining some steam.

lol, like that would ever happen.

[89mahou]

Thank you based god of peace. I am glad some americanos understand the situation. BRB as soon as i get degree save some money buy land up north and build a shed and a bunker to last through the end days.

[mikeditka]

the US/global economy is about to collapse.



they're trying to disarm us.



coincidence?

This statement scare the shiet out of me...srs

B/c I totally believe that it's true.