• Eldritch@piefed.world
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    2 days ago

    The thing is there is no revenue from tariffs. The government isn’t a business. When you pay taxes or tariffs, that money does not go sit into an account waiting to be spent. The Congress might allocate a budget for certain departments, but it has nothing to do with how much is sitting in an account. The government literally creates money as it needs it and destroys money in order to keep the value of the money stable.

    What will absolutely be happening is that spineless partisans in the Congress will approve unlimited printing of money. For his fascist pets projects which will crash the value of the dollar harder than it already was. Mark, my words, they’re already commenting how the value of the dollar has crashed to levels not seen since 1973. They are literally going to crash it all the way down to great depression levels in order to put on theater.of them pretending to help their pet morons. While only screwing everyone including their pet morons over.

    • 0li0li@lemmy.world
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      2 days ago

      Interesting. So, honnestly, can you explain that strange trip to “see if the gold reserve is still there” in Trunp’s first couple weeks? I keep wondering if it’s a hint or part of something but can’t figure it out.

      Did I miss anything? You have any thoughts on that?