From: Alan <nuh-uh@nope.com>
Newsgroups: aus.politics,nz.politics,can.politics,uk.politics.misc
Subject: Re: OT: "I'm Worried About Graham". ?
Date: Sun, 10 Nov 2024 16:32:37 -0800
Organization: A noiseless patient Spider
On 2024-11-10 15:55, Petzl wrote:
> On Sun, 10 Nov 2024 16:46:48 -0500, Ed P <esp@snet.n> wrote:
>
>> 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
>>
> With the exception of Covid the Swiss stay within the funds their
> taxes provide
> you can see from this screen shot
> https://ibb.co/jMPpZfr
> Swiss inflation before 2021 it was negative inflation which mean
> giving tax back to it's citizens
Given that the chart only displays back to January of 2021, how can you
say that?
Pretty much EVERY country was experiencing some negative inflation
during COVID.
Here's Canada:
https://tradingeconomics.com/canada/inflation-cpi