was a real mess, and everyone was trying to cash in their dollars for gold. In fact, it seems Martin and Johnson were early adapters of this Monopoly-style charade. Amid President Johnson’s push for a “Great Society,” the then-head of the Federal Reserve William Martin – who, in fairness, had previously done an excellent job guarding against inflation – abandoned his discipline and began printing more dollars in an effort to improve the employment numbers. In the mid-1960s, we effectively abandoned our gold standard that had been in place since the Bretton Woods agreement of 1944. Investors worldwide now ask, “Is this the beginning of the end of the most epic stock rally in history?” All eyes are on September 28 for the answers. They’re too focused on the present – and not enough on the future.Īfter months of extraordinary gains, the U.S. These politicians fail to consider the inflationary effect that would have and how it would eat into the savings and wages of everyday Americans. So here we are today, on the eve of yet another government shutdown, and we’re governed by a team of people who can’t seem to add nor subtract… and actually want you to believe that the government can keep printing money.
Longest monopoly game plus#
So, I hate to burst his bubble, but technically it adds up to $3.5 trillion, plus interest… But hey, who’s counting? No one in the Democrat party, it appears. And it adds zero dollars to the national debt. Instead of wasting money on tax breaks, loopholes, and tax evasion for big corporations and the wealthy, we can make a once-in-a generation investment in working America. My Build Back Better Agenda costs zero dollars. Here’s the exact tweet from the president this past weekend:
How else could Biden look at us all with a straight face saying, “Hey man, don’t you know 2 plus 2 equals 0?” Perhaps they think Americans are quite stupid… Clearly, they must. The White House tells us that this proposal will cost “zero dollars.” Take, for example, the $3.5 trillion stimulus Build Back Better package that President Biden has proposed.
Because they’re in charge and they’re literally reinventing the rules in real time – including the mechanics of mathematics – in ways that will cost Americans our economic future. Well, perhaps the latest and greatest math joke is now on us. Now, we’ve all heard the jokes about liberals not being great at math… you know, that liberals are just a bunch of English and Philosophy majors with no real-world experience. You think? We Need a Grown-Up in the Room Who Can Do Math It might cause housing inflation, he speculated out loud… Of course, that might be too much, and he stopped himself. government could give every family $200,000 to put a deposit down on a house. Yarmouth continued his speech, suggesting that the U.S. They‘re the bankers in a giant game of monopoly… We‘re just the renting serfs trying to hopscotch around the board in the hopes of not getting hit with a “Chance” card’s giant tax bill.
This is how surreal the world has become – and how entitled our politicians believe they are. Well, if that’s not an argument for looming inflation, I’m not quite sure what is… We are like the banker in Monopoly, we create the money and everyone else plays the game with it. He told an audience of local business owners this summer… We know the Democrat in charge of the United States Budget Committee Representative, John Yarmuth, does. On the eve of a potential government shutdown, lawmakers seem to think this is all one big game of Monopoly…