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They'll steal it via inflation. Trump's already announced a few programs that involve him siphoning federal dollars into the pockets of his cronies (including
by hedora 2y ago
They'll steal it via inflation. Trump's already announced a few programs that involve him siphoning federal dollars into the pockets of his cronies (including the tariff revenue).
Blocking your access to any sort of "sell my bond back" button while they do it seems prudent.
- fastball 2y agoThe last two admins already "stole" it via inflation. Do you have any idea how many dollars were printed in the last 5 years? Cutting federal spending is obviously not the thing that will lead to more inflation (though tariffs certainly might, but that is not really the subject of the current discussion).
- bongodongobob 2y agoAnd what caused that inflation? I seem to remember some sort of worldwide health issue.
- fastball 2y agoThe existence of a pandemic does not require printing an unprecendented amount of currency.
- bongodongobob 2y agoIt does when people can't work.