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Hide the Pain Harold

Hide the Pain Harold Meme | IT SAYS HERE THAT BIDEN HAS HIRES 87,000 NEW IRS AUDITORS.  ALSO THE IRS IS BUYING THOUSANDS OF ROUNDS OF AMMO. THIS IS A SCARE TACTIC BECAUSE BIDEN DOESN'T NEED TAX DOLLARS, NO PRESIDENT EVER DID. TAXATION IS THEFT. | image tagged in memes,hide the pain harold | made w/ Imgflip meme maker
373 views 9 upvotes Made by anonymous 2 years ago in politics
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3 Comments
1 up, 2y,
2 replies
Inflation Reduction Act explained | image tagged in inflation reduction act explained | made w/ Imgflip meme maker
If you don't wanna print money, and you don't wanna raise taxes, then I guess you just want to increase the budget deficit forever and ever.

I'll take your fiscal conservative card now
[deleted]
0 ups, 2y
Raising taxes has never increased revenues because it causes a decline in the economy and turns taxpayers into non-taxpayers. Ya know... Because they ain't go no job for the government to collect that extra revenue.

When it is a state government people also leave the state, just like what's happening to California.

But wait there's more. US citizens are expatriating to Mexico in such numbers that the Mexicans are now complaining about all these people who don't look like (some of) them and who don't speak their language.

Unfortunately there's no place to run from the Great Reset. We have to fight it and stop letting foreign dollars corrupt our election process.
[deleted]
0 ups, 2y
Where did you get the idea that taxation reduces the money supply?

How the money supply is reduced is when the Federal Reserve raises interest rates. Then when the interest they collect comes back to the Fed they burn the excess dollars.

Taxation does takes money into the government but the buck (in deference to Harry Truman) does not stop there. It does create a negative impact on the economy but not because the currency stops there but because it is an expense on the tax payer who could have spent that money on something that produces wealth.

Government employees get paid, government debts get a little, the military, welfare and other social programs get money and money the money ends up in the hands of individuals who spend that money. The money keeps circulating in the economy. The problem is that when the government steals your money it does nothing to create wealth, instead it destroys wealth. Wealth is not money.

I'm keeping my fiscal conservative card, thank you very much.

The situation we've been in ever since Obama is that if the Federal Reserve raised interest rates to the level they need to pull back the the money supply they will collapse the economy. However, if Biden and the Fed keep happily printing money like there's no tomorrow they will collapse the economy. We're stuck between a rock and a Democrat place. But then that's been the goal all along. That's what the Great Reset is all about.
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IT SAYS HERE THAT BIDEN HAS HIRES 87,000 NEW IRS AUDITORS. ALSO THE IRS IS BUYING THOUSANDS OF ROUNDS OF AMMO. THIS IS A SCARE TACTIC BECAUSE BIDEN DOESN'T NEED TAX DOLLARS, NO PRESIDENT EVER DID. TAXATION IS THEFT.