From: Ed P <esp@snet.n>
Newsgroups: aus.politics,nz.politics,can.politics,uk.politics.misc
Subject: Re: OT: "I'm Worried About Graham". ?
Date: Sun, 10 Nov 2024 16:46:48 -0500
Organization: A noiseless patient Spider
On 11/10/2024 3:46 PM, Petzl wrote:
> On Mon, 11 Nov 2024 07:12:57 +1100, "Rod Speed"
> <rod.speed.aaa@gmail.com> wrote:
>
>> Petzl <petzlx@gmail.com> wrote
>>
>>> When money is printed it devalues currency
>>> Making consumers pay for the secret tax called inflation
>>
>> That isnt the only thing that produces inflation.
>>
> Spending more than you earn and devaluing ones currency?
>>
>>> Sort of explained here,
>>
>> Just more mindless ignorant bullshit.
>>
> Rod Speed is full of "ignorant bullshit".
> 2:30 in explains it all in a minute but you choose to know nothing,
> as usual!
>>
>>> go about three minutes in to avoid ads and silly talk
>>> <https://rumble.com/v5lb9e4-trump-wins-and-eliminates-federal-income-tax-martin-armstrong.html?e9s=src_v1_ucp>
>>> https://t.ly/Gl2GS
>>> Trump Wins, Eliminates Federal Income Tax, Economy Booms
>>> â Martin Armstrong
>>
>> Not going to happen and wouldnt remove inflation even if it did.
>>
> The Swiss have a negative inflation rate because the have their
> currency going up,
> So far don't print more money than what they earn.
> Covid may have changed this a bit?
Debt ratio is a factor. They handle money better than the US
U.S. Treasury Fiscal Data: The debt to GDP ratio for 2024 is 123%,
calculated using a GDP of $28.82 trillion and a debt of $35.46 trillion.
Switzerland's national debt is projected to be 25.3% of its GDP by the
end of 2024, according to Fitch Ratings