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On Sun, 10 Nov 2024 18:31:48 -0800, Alan <nuh-uh@nope.com> wrote:

>On 2024-11-10 17:19, Petzl wrote:
>> On Sun, 10 Nov 2024 16:32:37 -0800, Alan <nuh-uh@nope.com> wrote:
>> 
>>> 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
>>>>>>>> – 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?
>>>
>> Swiss inflation has been negative for years
>
>Simply false.

Here's the Swiss debt chart from 1990 to now
https://ibb.co/hgpNqjW
>
>> Even their banks gave negative interest rate
>
>And that doesn't support your claim, even if true.
>
Again question change
Swiss banks no longer have negative interest rates
The Swiss National Bank (SNB) first introduced negative interest rates
in January 2015 at -0.75%. The SNB lowered the rate to -0.25% in June
2022, and then raised it to 0.5% in September 2022, ending the period
of negative interest rates. 
>>>
>>> Pretty much EVERY country was experiencing some negative inflation
>>> during COVID.
>>>
>>> Here's Canada:
>>>
>>> https://tradingeconomics.com/canada/inflation-cpi
>>>
>> Covid was the Exception there are other differences like populations
>> Also oil crisis, war, etc.
>> these are from 1990 to now you need to compare charts
>> https://ibb.co/8b9W64S
>> Canada inflation rate
>> 
>> https://ibb.co/ftKhDHf
>> Canada Deficit rate
>
>Deficit rate isn't tied to inflation.
>
Debt rate sorry
-- 
Petzl 
The problem with socialism is that you
eventually run out of other people's money.