Stimmy checks are BACK, this time 3X bigger 👀
Here’s why that could be a serious problem and how Bitcoin can protect you.
Discussion
Invest Fiat stimulus into BTC and profit
Not happening, keep hyping it
Covid stimulus was a bill and the money was then "printed." The DOGE Dividend is a reallocation of current "printed" money. DOGE Dividend doesn't put more money into circulation.
It could still build inflation slightly similar to a pump or bubble in specific areas but if the trend holds true to the first round of Covid stimulus checks then most people will pay down on their debt.
its a rebate to tax payers. not $$ for layabouts.
50% of filers pay no taxes at all.... If 250 Million American adults got the money, roughly 125 million of them would be getting back money they didn't ever give to begin with.
Nevermind the fact that taxes don't actually go towards discretionary items for the most part. Entitlements, interest and 'hallthcare' use up the taxes first. The rest is deficit financed.
"The rest is deficit financed."
Sad part is you're probably correct with those that pay in or contribute to the tax scam.
This is the beauty of DOGE and their ability to find discrepancies to help increase efficiency. In all reality basically the only intent of the nation government is national security, everything else left to the states. Let's reduce the government back to its original purpose.
Nearly every alphabet agency came into existence after World War II. Many of those should be shitcanned.
If the government was an operating system it would be Windows Millennium Edition, nothing more than bloated spyware.
Lol.
Unfortunately, you are being lied to. They aren't saving anything. It's a totally farse. 95% of the 'savinfs' and firings are illegal due to the money being appropriated by Congress. There are now hundreds of lawsuits.
But let's assume they did save 1B per day. Amazing, right?
The debt grows by around $240 million per hour and accelerating. So even if they did save 1B, that's only 4 hours per day of savings. The debt growth slows by 1/6 for now. Big deal.
Medicare, Social Security, and Medicaid must be gutted to zero. Then and only then can they actually begin to pay down the debt. And even that is doubtful.
The people have been screwed by the Federal Reserve, plain and simple.
Those that don't want their $5000 Federal Reserve Repetitions (We The People were financially enslaved) Check are more than welcome to donate it to Ukraine or illegal aliens if it makes them feel better.
We will drill, we will tariff, we will reduce taxes, we will remove the Federal Reserve.
They will bitch, wine, and will file lawsuits trying to protect their system. We want them too. We want them to push it all the way to the Supreme Court. We want the entire world to witness how we legally dismantle the Federal Reserve. We want to remove the 16th Amendment so it's nearly impossible to imbed into our monetary system again. We will take out the corruption in the Judicial system along the way.
This is going be fun. 🎣
Yikes. I can't believe you actually think Trump will make a dent and reduce the debt and remove the fed. That's a whopper and a half man.
He is 100% about the US dollar and it's dominance in the world. That cannot happen without the fed and money printer. He is a fiat maxi, so I am not sure what you think he is going to do?
Trump is likely about to sign a new bill for 300+ billion in new spending for deportations and other crapola. That itself will wipe out the pennies doge is saving.
You don't actually believe that the income tax is going away, right? You are just fucking around I hope?
Not only will income taxes never go away, certainly the states will never repeal the 16th.
Have you not ran the math? Even 130% tariffs on every import with zero trade loss wouldn't cover the current tax revenue(which already includes many tarrifs)
I'm hoping you are just messing around. If not, dude, run the math, take a step away from the Kool aid.
Then we use the baddest military on the planet and stiff them.
We will give them a choice.
NOTE: If you get a $5000 check I can give you my receive wallet addy. I accept donations!
It depends on where the money came from. It could absolutely put new money into circulation if it was slated to Zimbabwe or something, or Ukraine or to stockpile soybeans in Prague.
It can also for sure increase the velocity of money, without question.
There is also a massive difference in March/April 2020 where factories, shops, restaurants, sports, even churches were closed.
I wouldn't think it would make a lot of difference where the money was original designated to be scattered. It's still on the books as circulation regardless of what country you throw it to. The more money they "print" the more money loses its value and can be witnessed as inflation. Sort of like the difference between BTC (fixed supply) and ETH (not fixed supply), one seems to retain more value than the other. Don't think too hard.
Increasing oil (energy) supply and bringing in tariffs can also help reduce inflation in an indirect way.
Short term we expect nation debt to increase. Long term we plan on returning the United States to an economy ran before the existence of the third (current) Federal Reserve.
It's only right to return stolen or scammed money back to the people if they were unaware. Transparency is good.
This is gonna send Bitcoin to $200K alone. Send it 😅