I'm not for any plan that keeps this ponzi monetary system in place. I like the increase in energy and hope in fact that Trump rolls out all the secret energy systems that have been hidden from us by the deep state. There are likely alien technologies as well.
That being said, this fractional reserve banking system has to go and I'm against anything or anyone who perpetuates it.
So you won't be voting for Trump unless he promises to destroy the Fed BEFORE the election? That will not happen. He may destroy the Fed after he is in there but to announce that before the election would not be beneficial to his campaign!
Then keep letting perfect be the enemy of good and wait for your perfect unicorn candidate that never shows up. If he said right now that he will end the Fed immediately it'll turn off more moderates than Ron Paul types it'd pull in.
I get really frustrated with Trump and the conversations with inflation. My brother in Christ, it was you who signed the biggest stimulus package ever, and then bragged about it. I get that it had to happen for devolution, but it disproportionately affects the poorest amongst us. I’m very much with Skidder, I’m over this Babylonian money magic system and I long for a more God based approach to money. The Bible says usury should be illegal. I want a Halal mortgage.
I agree but I think actual government spending on American citizens is a drop in the bucket compared to the corruption that is bleeding us dry. Take care of the corruption and then with a more free economy, everyone will benefit.
I'd love a true Laissez-faire economy but there will be steps to get there.
It happened well before Nixon. Trading with the Enemy Act and Emergency Banking Act enter the chat.
said in a whisper: constitutional money is God’s money, which makes it biblical. (even quieter, God made gold and silver and like everything else in this world He created for us, we, collectively, traded it for an inferior synthetic man made replacement.)
I am starting to doubt that printing lots of money causes prices to increase that much directly. I think the prices are being manipulated to create the illusion of inflation by creating artificial shortages which causes or justifies raising prices.
ELI5 - how does reducing mortgage rates help lower the cost of homes? Everything I’ve watched seems to point to the opposite happening (increasing housing prices).
300,000 thousand dollar home financed at 8% means you will pay 24,000 the first year in interest. Over a 30 year mortgage that home will cost you 600.000 dollars more or less. Financed at 3%, first year mortgage is 9000 so even the home cost the same (300,000) with the interest rate lower the cost of the home would be less over the 30 year mortgage. Simple as I can make it but it is more complex!
Thank you. I understand amortization, the point I’m getting at is how will this not lead to more inflation? Lower rates will increase demand in a market that’s already low on inventory. The rules of supply and demand do not appear aligned with Trumps strategy here. Don’t get me wrong, I’d crawl through a pool of monkeypox faggots to vote for Trump. But this particular piece of his housing plan has me stumped.
It needs to start with forcing multinational corporations out of the single family home market, and then making them divest their properties. Yes, thats a big government move, but what the fuck choice do we have when the mother fuckers are buying up everything to turn into rentals so that we will own nothing and be happy?
I suppose we can enter Elon's new Box House. It looks pretty impressive for about 60 grand less slab. We gonna see what he has in mind if they don't blow the world up first!
From what I gather, they are modules and you can add as many as you want to make extra bedrooms and baths. Elon is a visionary. I just wish he would come out with a StarLink phone!
The banking system but also the entire concept of work need to be redefined.
Are we walking towards the new kingdom or not? If so the building blocks need to be placed now. We need to show God we have faith and we are willing to change. Even if some people can't bear to let go of old ways
Yup there is no reason Americans need to work 40 hours a week other than taxes and the fact cost of living is sky rocketing due to immigration making housing costs insane.
I know it’s so wasteful. I could get all my work done in 4-6. Only 7 if things get fucked up. Half the time I am on here or watching YouTube to pass the time. If I was allowed to just do my tasks, show my manager and get paid the same I would. Hell if I could do that I would work 3 days a week and get all my shit done in 30 hours.
FOURTH, at the suggestion of @ElonMusk, President Trump will create a Government Efficiency Commission tasked with conducting a complete financial and performance audit of the entire federal government—and making recommendations for drastic reforms, which will save TRILLIONS of dollars—further taming inflation and bringing prices down.
I want to see him use some of his bankruptcy experience and address a write down of assets owned by China because of their harm to our economy. The C19 hoax ruined us. How about telling them we are writing down their receivables from us as a consequence? Several trillion gone. That would help the national debt. Immediately.
I'm not for any plan that keeps this ponzi monetary system in place. I like the increase in energy and hope in fact that Trump rolls out all the secret energy systems that have been hidden from us by the deep state. There are likely alien technologies as well.
That being said, this fractional reserve banking system has to go and I'm against anything or anyone who perpetuates it.
So you won't be voting for Trump unless he promises to destroy the Fed BEFORE the election? That will not happen. He may destroy the Fed after he is in there but to announce that before the election would not be beneficial to his campaign!
Agree. One of the few points that gave me pause was the survival of our modern banking system
Then keep letting perfect be the enemy of good and wait for your perfect unicorn candidate that never shows up. If he said right now that he will end the Fed immediately it'll turn off more moderates than Ron Paul types it'd pull in.
Credit unions aren't allowed to do this.
Alien tech? Not even.
I get really frustrated with Trump and the conversations with inflation. My brother in Christ, it was you who signed the biggest stimulus package ever, and then bragged about it. I get that it had to happen for devolution, but it disproportionately affects the poorest amongst us. I’m very much with Skidder, I’m over this Babylonian money magic system and I long for a more God based approach to money. The Bible says usury should be illegal. I want a Halal mortgage.
I agree but I think actual government spending on American citizens is a drop in the bucket compared to the corruption that is bleeding us dry. Take care of the corruption and then with a more free economy, everyone will benefit.
I'd love a true Laissez-faire economy but there will be steps to get there.
It happened well before Nixon. Trading with the Enemy Act and Emergency Banking Act enter the chat.
said in a whisper: constitutional money is God’s money, which makes it biblical. (even quieter, God made gold and silver and like everything else in this world He created for us, we, collectively, traded it for an inferior synthetic man made replacement.)
I am starting to doubt that printing lots of money causes prices to increase that much directly. I think the prices are being manipulated to create the illusion of inflation by creating artificial shortages which causes or justifies raising prices.
As you are reading the comments on this thread here, remember that GAW is inundated with shills.
ELI5 - how does reducing mortgage rates help lower the cost of homes? Everything I’ve watched seems to point to the opposite happening (increasing housing prices).
300,000 thousand dollar home financed at 8% means you will pay 24,000 the first year in interest. Over a 30 year mortgage that home will cost you 600.000 dollars more or less. Financed at 3%, first year mortgage is 9000 so even the home cost the same (300,000) with the interest rate lower the cost of the home would be less over the 30 year mortgage. Simple as I can make it but it is more complex!
Thank you. I understand amortization, the point I’m getting at is how will this not lead to more inflation? Lower rates will increase demand in a market that’s already low on inventory. The rules of supply and demand do not appear aligned with Trumps strategy here. Don’t get me wrong, I’d crawl through a pool of monkeypox faggots to vote for Trump. But this particular piece of his housing plan has me stumped.
It needs to start with forcing multinational corporations out of the single family home market, and then making them divest their properties. Yes, thats a big government move, but what the fuck choice do we have when the mother fuckers are buying up everything to turn into rentals so that we will own nothing and be happy?
I suppose we can enter Elon's new Box House. It looks pretty impressive for about 60 grand less slab. We gonna see what he has in mind if they don't blow the world up first!
There's plenty of lower cost options for homes now. There's homes that Sears sold that are still standing. Converted vans, tiny homes, modular homes.
Yeah, I saw one of them vans down by the river. Keke
Some of them are surprisingly stylish and well equipped.
From what I gather, they are modules and you can add as many as you want to make extra bedrooms and baths. Elon is a visionary. I just wish he would come out with a StarLink phone!
Why am I getting down votes? lol
Remember that Trump will build more cities. That would lower the high costs of living in a major city.
maybe I missed it, but I wonder where the 'freedom cities' will be?
sounded like the western US maybe?
The banking system but also the entire concept of work need to be redefined.
Are we walking towards the new kingdom or not? If so the building blocks need to be placed now. We need to show God we have faith and we are willing to change. Even if some people can't bear to let go of old ways
Yup there is no reason Americans need to work 40 hours a week other than taxes and the fact cost of living is sky rocketing due to immigration making housing costs insane.
How many studies have shown that productivity levels off sharply after six hours of work?
People on average do 5-6 hrs of actual work in an 8-hr day. If that.
I know it’s so wasteful. I could get all my work done in 4-6. Only 7 if things get fucked up. Half the time I am on here or watching YouTube to pass the time. If I was allowed to just do my tasks, show my manager and get paid the same I would. Hell if I could do that I would work 3 days a week and get all my shit done in 30 hours.
the 2 o'clock wall of unproductiveness
I agree, constant 'work' shouldn't be our focus.
and I do think there will be a big change in how we 'do' things...we won't have to 'toil' like we do.
in the upper corner of JFK Jr's survival guide to the future magazine, it says;
"Good News;
Live forever!
Love your job!"
I'm guessing our 'job' will be to Live;)
and this is a verse about working so hard, from the Q-Source section of the Bible;
Matthew 6:26 KJV
Behold the fowls of the air: for they sow not,
neither do they reap,
nor gather into barns; yet your heavenly Father feedeth them.
Are ye not much better than they?
FOURTH, at the suggestion of @ElonMusk, President Trump will create a Government Efficiency Commission tasked with conducting a complete financial and performance audit of the entire federal government—and making recommendations for drastic reforms, which will save TRILLIONS of dollars—further taming inflation and bringing prices down.
I smell the FED being audited.
Thread
https://threadreaderapp.com/thread/1831785648212046320.html
Hey MAAA! The Meatloaf! We want it now!
I want to see him use some of his bankruptcy experience and address a write down of assets owned by China because of their harm to our economy. The C19 hoax ruined us. How about telling them we are writing down their receivables from us as a consequence? Several trillion gone. That would help the national debt. Immediately.
That thread makes my nuts tingle
Not for nothing but the blue lighting on those Corinthian columns is badass AF
Make diggin the scene with the gasoline cheap again 😉
I do not see any plans to destroy the Federal Reserve in there.
I suppose he can't say that yet kek