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 19:52:37 -0800
Organization: A noiseless patient Spider
On 2024-11-10 19:01, Petzl wrote:
> 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
>>>>>>>>> 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?
>>>>
>>> Swiss inflation has been negative for years
>>
>> Simply false.
>
> Here's the Swiss debt chart from 1990 to now
> https://ibb.co/hgpNqjW
Which has nothing to do with whether or not they have experienced inflation.
>>
>>> 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.
Which is irrelevant to your claim that they have had negative inflation
>>>>
>>>> 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
Debt rate isn't tied to inflation.