From: "Rod Speed" <rod.speed.aaa@gmail.com>
Newsgroups: aus.politics,nz.politics,can.politics,uk.politics.misc
Subject: Re: OT: "I'm Worried About Graham". ?
Date: Mon, 11 Nov 2024 13:07:09 +1100
On Mon, 11 Nov 2024 10:55:42 +1100, Petzl <petzlx@gmail.com> 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-inco=
me-tax-martin-armstrong.html?e9s=3Dsrc_v1_ucp>
>>>>> https://t.ly/Gl2GS
>>>>> Trump Wins, Eliminates Federal Income Tax, Economy Booms
>>>>> =E2=80=93 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 trilli=
on.
>>
>> Switzerland's national debt is projected to be 25.3% of its GDP by th=
e
>> 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
Nothing whatever to do with tax because it doesnt go to the govt
> Screen shot From here
> https://www.bfs.admin.ch/bfs/en/home/statistics/prices/consumer-price-=
index.html