What happens to the US dollar if they print an extra $3.6 trillion/year to fund yang bucks.
What happens to the US dollar if they print an extra $3.6 trillion/year to fund yang bucks
It makes me rich. That's what.
Nothing. It's not real.
I can't wait for a simple loaf of bread to cost $36
Not much if it's balanced out by VAT revenue or whatever.
>July 10, 2001 (age 18)
fuck we good boys
Prices of everything goes up. Everyone will also be paying higher taxes.
Checked.
Just because pols favorite repubs are all brainlets that pass legislature without funding doesn't mean all politicians do that
>VAT
Wait, are they serious? VAT is daylight robbery and is the one thing that makes the U.S. preferable to euro shitholes by its absence.
Imagine paying $10 per gallon of gasoline like you euro fuckers do. No one can afford to drive there, so you all crowd together like sardines in public transportation. We have too many black people here for public transportation to become the norm.
I mean, if we're talking about VAT being used to fund this, you're probably paying $1000+ a month more in taxes to fund the $1000. What the fuck is the point?
Nothing. Look at the M1 money supply over the past 2 decades. It’s almost tripled and yet inflation hasn’t happened even close to the degree lolberts would have you believe it should
new gym Posing? lol
>thinks hes going to spend 1000$ a month on taxes from a VAT
yeah dude im sure you're going to buy 10,000 bigmacs per month
Nothing, they have the military to back it.
And if anyone even suggests otherwise, they're going to get liberated.
>Explains VAT by comparing it to oil
are you retarded?
Real cute photo. Imagine how much better she'd look if she knew how to apply lipstick and didn't just smear it all over her face.
Yang won't get elected but check out that flat midriff. HNNGGGGGGGGGGGGGGG
vat is a tax on the poor not the rich
its the most unjust tax in history and the easiest to collect
Yes, rich like a Zimbabwean
>inflation hasn't happened
Except in housing, education, healthcare ...
Probably nothing much would happen to the US dollar. But rent would go up for sure
>What happens to the US dollar if they print an extra $3.6 trillion/year
that's like wednesday
they're already printing that kind of money
simply repealing Republican tax cuts will offset half of that. then raising taxes on the top 99% of earners (>$1,000,000/year) would offset the rest.
Confiscating 100% of the wealth of all American billionaires is only about 2.5 trillion dollars, which the government spends in less than a year.