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Trump Proposes Eliminating Income Taxes For People Earning Less Than $150k/year.

Trump will never host at his golf clubs,' poor men / ladies leagues with just buy booze, every year, leagues.
 
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aociswundumho said:
Yes, but not without consequences. Creating money without corresponding increases in real output can lead to inflation. Zimbabwe and Venezuela both had sovereign currencies. Didn't go so great.



But a bond is still a promise to pay. The government does rely on markets to absorb its debt - unless the central bank monetizes it, and again, that means the risk of inflation.



Interest on the debt is already crowding out other spending. Furthermore investors who buy treasuries are using money that could have otherwise been invested productively in the private sector, instead of being wasted in the public sector.



At least until investors lose confidence.



Semantics. If you owe someone a payment in the future, you’re in debt, end of story. Interest payments aren’t just "pushing dollars", they are a form of redistribution to the wealthy - a group which you people supposedly hate.
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nothing proven yet to be fair in the USA
 
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