Biden's chief economic advisor says the government can't go bankrupt bc they can always just print more money

[pknopp]

what was bidens highest inflation rate??
14%

I'm not trying to defend Biden.

 

[progressive hunter]

I'm not trying to defend Biden.

neither am I,,

just wondering how high his inflation got and I couldnt remember the number,,

 

[Failzero]

I'm not trying to defend Biden.

How bout Hamas ?

 

[pknopp]

How bout Hamas ?

Not really any of my business. They have been hating and fighting forever. Nothing I can do about it.

 

[para bellum]

MMT is how idiots think we are financially stable.

A $100 bill is .004" thick
One million dollars is a stack of hundreds 40 inches high.
One trillion dollars is a stack 631.31 MILES high.

Biden's FY25 budget is $7.3 trillion.

That is a stack of hundreds 4,608.58 miles high.

 

[scruffy]

Hmmmm. A music major. Lets see:
Inflation lowered from over 7, two year ago to 3.5. Check
Employment way up and steady adding jobs, 15.2 Million nearly 6 million more than before pandemic. Check
Number of people on food stamp reduced by 1 million. Check
Record GDP, economy expanding every year under this administration. Check
Very low unemployment. Record lower and longer than any other administration. Check
Record set on the New York Stock Exchange. Check
S&P 500 increased 32.9%. Check
Crude oil production up 14.2% setting highest in history. Check

Hmmm. Listen to the music. I am willing to let the beat go on.

If you believe all that crap you're dumber than I thought.

 

[candycorn]

A $100 bill is .004" thick
One million dollars is a stack of hundreds 40 inches high.
One trillion dollars is a stack 631.31 MILES high.

Biden's FY25 budget is $7.3 trillion.

That is a stack of hundreds 4,608.58 miles high.

How tall would it be in pennies?

 

[para bellum]

How tall would it be in pennies?

688,982,710 miles.

 

[Toddsterpatriot]

Jared Bernstein - Wikipedia

en.wikipedia.org

OMG!!
I thought he was just a whiny commie twat.
His economic idiocy makes much more sense now.

 

[Toddsterpatriot]

Hmmmm. A music major. Lets see:
Inflation lowered from over 7, two year ago to 3.5. Check
Employment way up and steady adding jobs, 15.2 Million nearly 6 million more than before pandemic. Check
Number of people on food stamp reduced by 1 million. Check
Record GDP, economy expanding every year under this administration. Check
Very low unemployment. Record lower and longer than any other administration. Check
Record set on the New York Stock Exchange. Check
S&P 500 increased 32.9%. Check
Crude oil production up 14.2% setting highest in history. Check

Hmmm. Listen to the music. I am willing to let the beat go on.

 

[Admiral Rockwell Tory]

It's more of the typical BS crap taught in colleges. They should teach PEMCIT only. Physics, engineering, math, chemistry, and IT.

Who would teach the teachers the history, geography, language, biology, earth sciences and other topics we need if they are not taught?

 

[Failzero]

Who would teach the teachers the history, geography, language and other topics we need if they are not taught?

Hopefully not Progressive Marxist Lefties

 

[CrusaderFrank]

Jared Bernstein - Wikipedia

en.wikipedia.org

 

[Admiral Rockwell Tory]

Hopefully not Progressive Marxist Lefties

In my career, I only met one liberal social studies teacher. We hated each other. I just found out he retired 5 years after I did.

 

[Man With A Plan]

Hmmmm. A music major. Lets see:
Inflation lowered from over 7, two year ago to 3.5. Check
Employment way up and steady adding jobs, 15.2 Million nearly 6 million more than before pandemic. Check
Number of people on food stamp reduced by 1 million. Check
Record GDP, economy expanding every year under this administration. Check
Very low unemployment. Record lower and longer than any other administration. Check
Record set on the New York Stock Exchange. Check
S&P 500 increased 32.9%. Check
Crude oil production up 14.2% setting highest in history. Check

Hmmm. Listen to the music. I am willing to let the beat go on.

Ah, White? You do realize that it's the RATE of inflation that's gone down...not inflation itself...right? That means that it was increasing at over 7% and now it's only increasing at over 3%! That's not something to "check"! You obviously didn't take Economics either!

 

[Toddsterpatriot]

It's like he doesn't understand what causes inflation.

He's a music major.

 

[BluesLegend]

Biden's chief economic advisor says the government can't go bankrupt bc they can always just print more money​

Thus confirming my theory that BLITHERING IDIOTS get government jobs because nobody in the private sector will hire their dumb asses.

 

[RoshawnMarkwees]

Technically he’s correct because it’s like the infinite number of points in a line segment.

 

[SweetSue92]

This interview is embarrassing. This is the man President Biden nominated to be the Chair of the Council of Economic Advisors and he clearly has no understanding of monetary policy.

Well you can rest easy knowing Orange Man won't hurt your feelings on Twitter.

Also: see the Weimar Republic. Everyone buy wheelbarrows so you can get your bread

 

[chesswarsnow]

Sorry bout that,

1. Can Americas weather the storm of a, Stolen Biden Administration?
2. G-D I hope so, and it will depend on G-D, more than you think.

Regards,
SirJamesofTexas