So Trump is openly saying he plans to inflate away debt by having interest rates lower than inflation and giving money to the proles.For this to work wouldn't he have to have upward pressure on wages so that it inflates faster than inflation too? Doesn't this idea squeeze the banks and financial capital class?
all I care bout is if we gettin a stimulus check [emoji] [emoji] [emoji]
>>62752116My biggest concern with stimmies is immediately invest and try to beat inflation it will cause or spend it on crap before its buying power decrease
>>62752026
>>62752132Can't help it, the blacks are easy and have nice butts
>>62752136who are you trying to convince pajeet
Rates are only going up from this point on. >giving money to the proles.Not getting past dems. Someone, post that picture.
>>62752026Any money he gives to me I'm just going to put it in my boomer ETFs. I also sold my rental property btw, housing is cooked, time to get out now while you can still find a buyer.
>>62752120>is immediately invest and try to beat inflationWell, by hining at inflation maybe Trump wants to make you do exactly that - buy stonks at the current values?
>>62752173*hinting
Basically anon it boils down to which bank and which financiers. Banks have more debt than average, due to how banking works, so in an inflationary period banks that took out a lot of debt in that currency but invested in a different currency will do extremely well, but if a bank did the opposite they're completely fucked. It's very very bad for the businesses and people that transact in that currencies markets though, as risk premiums and price signals in that currency start going crazy and destroying any value in that currency
Wouldn't inflation be a fair tax system that would hit everyone? No taxes and just spend what you need and inflate it away
