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Valued Social Butterfly
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Re: Trump: Lower Nat'l Debt by Printing Money

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   For the short term memory folks:   unlimited debt limit for 2 years.   :-(    https://www.politico.com/story/2018/02/07/government-shutdown-senate-budget-deal-395984

 

   Donald did his usual whine and then gleefully  signed the legislation that taxpayers won't realize how dangerous it is for the country.    His printing cash, isn't that why he wanted to have a coup against VZ president.   

 

    Are his supporters really that stupid?   just asking

PRO-LIFE is Affordable Healthcare for ALL .
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Valued Social Butterfly
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Re: Trump: Lower Nat'l Debt by Printing Money

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@CriticalThinking wrote:

Gruffstuff was being sarcastic when she said, "Print twenty two one trillion dollar bills, apply them to the debt, BOOM Trump creates a surplus."

 

The scary aspect is Trump probably believes he could solve the deficit by printing 21 Trillion Dollar bills.


The terrifying aspect is that lil donny COULD have the Treasury print a single $21 Trillion bill with his toadlike image on it, deposit it with the Federal Reserve, and poof, no more National Debt showing on the ledgers.

 

,..however, the people still holding the treasuries that represent the current $21 Trillion debt will still need to be paid as their bonds come due, but we wouldn't need to formally raise the debt ceiling until another couple Republcian budgets added 21 Trillion back to the debt.

 

For that reason (they can't pretend to be doing something by refusing to raise the debt ceiling) no Republican will support lil donny's imaginary solution.

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Trump: Lower Nat'l Debt by Printing Money

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Message 3 of 11

Gruffstuff was being sarcastic when she said, "Print twenty two one trillion dollar bills, apply them to the debt, BOOM Trump creates a surplus."

 

The scary aspect is Trump probably believes he could solve the deficit by printing 21 Trillion Dollar bills.

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Re: Trump: Lower Nat'l Debt by Printing Money

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Trump: Lower Nat'l Debt by Printing Money

 

Print twenty two one trillion dollar bills, apply them to the debt, BOOM Trump creates a surplus.

 

 

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Re: Trump: Lower Nat'l Debt by Printing Money

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Message 5 of 11

Wow. Economics 101

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Trump: Lower Nat'l Debt by Printing Money

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Message 6 of 11

This illustrates that Trump is an Economic imbecile.  But that doesn't bother his blind, loyal supporters.

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Re: Trump: Lower Nat'l Debt by Printing Money

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Message 7 of 11

@umbarch64 wrote:

You know?  Our boy 'the donald' is not the first nor the only far right econonics expert to maintain that the dollar is meaningless to government because all you need do is print more.  That conviction has come up here on this forum long before 'the donald' became a candidate for office. These same guys tagged Social Security as a ponzi scheme, advocated it be done away with before the feds had to go to the trouble of printing more money to cover up their criminal activity.  Just sayin' 'the donald' isn't the only one.  Keep that in mind come November.


You're correct. Trump tapped into an existing ignorant collective group that believes in all of the conspiracy theories. They believe in the "ponzi scheme" theory and many others. Trump even used the "deep state term" that is used here. Trump gained support of fringe groups by design, it was no accident, many of those groups were abstractly attached to the Tea Party. He used references to conspiracies and dog whistle white supremacist code words to gain the support of racist groups and they also show up at the polls. November will tell a story about America's electorate, I hope it's not a bad one.


"The only thing man learns from history is man learns nothing from history"
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Re: Trump: Lower Nat'l Debt by Printing Money

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Message 8 of 11

  Reminder:  donald whines about China and that governments puported manipulation by....wait for it...printing cash.    Apparently the RW have no clue or don't care about actual actions by the current WH regime.

PRO-LIFE is Affordable Healthcare for ALL .
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Re: Trump: Lower Nat'l Debt by Printing Money

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Message 9 of 11

You know?  Our boy 'the donald' is not the first nor the only far right econonics expert to maintain that the dollar is meaningless to government because all you need do is print more.  That conviction has come up here on this forum long before 'the donald' became a candidate for office. These same guys tagged Social Security as a ponzi scheme, advocated it be done away with before the feds had to go to the trouble of printing more money to cover up their criminal activity.  Just sayin' 'the donald' isn't the only one.  Keep that in mind come November.

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Re: Trump: Lower Nat'l Debt by Printing Money

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Republicans love Trump because, thanks to him, they can say without fear of contradiction "My kid is smarter than the President of the United States!" and the kid doesn't even have to have completed 5th grade.

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