https://www.youtube.com/watch?v=VOO2XFrTH1Q
Printable View
1. Smaller paychecks
2. Inflation
Wonderful combo, ain't it?
This is what our gov has pursued and the people voted for Barry.
1. Higher taxes = those smaller paychecks
2. Money printed out the ass = the inflation we see.
Why would anyone be surprised when our economy crashes?
Oh, because the typical voter is an idiot.
Shop dollar stores. Products are much cheaper there. Buy store brands. Use crock pots. Limit eating at fast food joints. Why would anyone order a pizza, when you can buy one or make you cheaper and better? People just waste their money on inflated goods, when other products are available. What do you think would happen if people stopped paying premium prices for name brand products? They'd either have to drop their prices to compete, or go bust.
And shop Wal Mart, because that supports the US economy. :p
What most people dont get is that Interest on a Loan in addition to Inflation might just as well total up to total at least double the original Intereset Rate. Interest is calculated on the Quantity of a Loan. Inflation is more difficult to calculate because it is on the Value of the Currency of the Loan.