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Oct 30 2022 05:06pm
Quote (HeLiCaL @ Oct 30 2022 05:31am)


My extremely limited and ignorant understanding, per Google searches, is that this is misleading. Yes, a significant amount of USD has been printed in the past 2 years; however, the massive spike in reporting seems to be because the federal government changed how it assessed/reported M1 and M2 money supplies.

I'm not knowledgeable enough to actually explain it properly, but searching whether this factoid is true, false, or misleading was very illuminating.
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Oct 30 2022 05:37pm
Quote (HeLiCaL @ Oct 30 2022 08:31am)


why did trump add 7.8 trillion to the deficit if the economy was "booming"?
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Nov 1 2022 09:19am
Quote (Budgeting @ Oct 30 2022 06:37pm)
why did trump add 7.8 trillion to the deficit if the economy was "booming"?


Unless you've just woken up from a coma, there was a pandemic (shut down economy/covid relief money) which accounted for the majority of it. 2017-2019 was widely considered "booming" years.
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Nov 1 2022 09:49am
Quote (TritonV8 @ Nov 1 2022 11:19am)
Unless you've just woken up from a coma, there was a pandemic (shut down economy/covid relief money) which accounted for the majority of it. 2017-2019 was widely considered "booming" years.


yes, but he increased the deficit in the "booming years". why on earth would you do that if you have a healthy economy? you are so fucking delusional that you would defend this idiot to the ends of the earth. covid was 1 yr of his presidency - which he horribly failed with. what on earth was the reason for the other 3 years which you have basically said were economically "booming"?
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