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But where is the money coming from? This is where the concept of inflation comes in. Inflation is the phenomenon that too loose money in the hands of the government is ended up increasing and over time comes to a point where what consumers are buying make up at least 90% of the economic production and is considered “an inflationary mess”. Now this sounds horrible if you are rich. 3 Comments Not true, Warren Buffeting IS part of inflation. These companies are looking at increasing their profits as long as they are making more than the interest they are paying to borrow those profits. When the government decides to tell companies they can’t profits being reinvested into new products for the middle class, you can expect middle class consumers will then react and demand that they give back something, maybe that something is decreased prices on products until the economy crashes so they have to pay to the government to bailout the economy. That part about Trump knowing about this deal before it was signed so was lying is really the best part.
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He is not the only one. There is a growing argument that private banking is the ‘creative’ way to produce wealth and, at this point, the banking industry is arguing that any regulation costs them more than they gain. It’s not a new argument, but the public is beginning to see how it impacts families and individuals. Only a few weeks ago, I overheard a conversation between a young couple who had a second mortgages on older properties that they wanted to re-sell quickly to cover the mortgage payments. That part about Trump knowing about this deal before it was signed so was lying is really the best part. He is not the only one. There is a growing argument that private banking is the ‘creative’ way to produce wealth and, at this point, the banking industry is arguing that any regulation costs them more than they gain.
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It’s not a new argument, but the public is beginning to see how it impacts families and individuals. Only a few weeks ago, I overheard a conversation between a young couple who had a second mortgages on older properties that they wanted to re-sell quickly to cover the mortgage payments. The government is a very inefficient way to handle such situations. It would be better to have a nationwide sales tax (a ‘pop-up’ one likely within the next couple of decades) that would be used to buy the market-distorting, inflation-increasing, banks. The problem with that though, would be that people would buy only the loans they could afford. I don’t think the government would allow that, but it’d be a start. “President Trump said he’d meet with Bank of China Chair Brian Tumulty to discuss infrastructure funding that’ll support a “big infrastructure package,” Trump also met with the leaders of Canada and Mexico.
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Following the meeting, Trump announced he’s offering free permits to people wanting to come to the U.S. to get coverage by health insurance plans offered by the Trump administration.” I guess