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roamer65

(37,953 posts)

5. I'm fairly certain Dump is going to cause a dollar crisis.

Reply to eniwetok (Original post)

Wed Feb 22, 2017, 10:56 PM

Feb 2017

It's going to be hard to sell all Treasury paper to finance a higher deficit. The Federal Reserve will be forced to buy most of it by creating dollars...aka QE.

Inflation will eventually go through the roof.

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Highlight:

FY17 Projected Deficit: $559 Billion. And Trump wants TAX CUTS??? [View all] eniwetok Feb 2017 OP

why did Dems change their position on debt paydown? eniwetok Feb 2017 #1

Revisionist explanations are never useful. Blue_true Feb 2017 #3

Speaking of revisionism.... sorry, you're wrong eniwetok Feb 2017 #4

here's where I think you're confused.... eniwetok Feb 2017 #8

looks like Blue_True has left the building... eniwetok Feb 2017 #14

Do Dems ever care about fiscal responsibility? eniwetok Feb 2017 #2

I'm fairly certain Dump is going to cause a dollar crisis. roamer65 Feb 2017 #5

there's always China! eniwetok Feb 2017 #6

"I'm the king of debt. I love debt." dalton99a Feb 2017 #7

and in Trump world... eniwetok Feb 2017 #10

Tax cuts will raise revenue! DefenseLawyer Feb 2017 #9

there's no way to sell irresponsible "starve the beast" tax cuts but to claim they ARE resposnible eniwetok Feb 2017 #11

As long as idiots keep buying it DefenseLawyer Feb 2017 #12

the big lie is in the spin... eniwetok Feb 2017 #13