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Let's fix the economy instead of financing the world

Let's fix the economy instead of financing the world | How to fix the US Economy:  first - provide everyone making less than $200K a year - an exact amount to pay off their unsecured credit debt. Then - as part of that - they can only have 1 unsecured credit card.  All others get closed.  Access to the card left will be restricted for 24 months. Lastly - as part of it - provide them 10 yrs payment plans at a fixed 3 percent interest where all of it gets paid back. | image tagged in lindner proposal,economy | made w/ Imgflip meme maker
111 views 9 upvotes Made by LetsGo_Elect_Brandon_JR 3 weeks ago in politics
5 Comments
0 ups, 3w,
1 reply
So printing money won't inflate prices and decrease the value of the dollar. Jacking up the value of the stock market that is already estimated to be 200% over valued. Prompting everyone to invest in the stock market at its peak. Resulting in more countries to drop the USD as currency. Which will lead to the US losing the Petrodollar status. Sending trillions of dollars back to the US and tanking the stock market. Leaving the entire country broke and better off using your money as TP!
0 ups, 3w,
1 reply
It's not printing money - it's a transfer of amounts that soak up all the credit debt. That then go back to the government over 10 years, limits folks over their head in debt to 1 card that they can only use in limited capacity for 2 years. They would have to use cash instead of credit which would teach fiscal responsibility & limit slavery to credit debt & eliminate bankruptcy
0 ups, 3w,
2 replies
Pulling money out of thin air when we have $222 Trillion in unfunded liabilities ($2 million per tax payer) and $36.250 Trillion in debt is printing money!
0 ups, 3w
I'm also referring to doing this - instead of all the foreign aide. So it's not pulling it out of thin air - it's stopping it from moving out of the country & helping the fiscally stupid get smarter with their money.
0 ups, 3w
And also - turning the US into a bank for it's people, which means the US government ends up being more fiscally responsible.
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    How to fix the US Economy: first - provide everyone making less than $200K a year - an exact amount to pay off their unsecured credit debt. Then - as part of that - they can only have 1 unsecured credit card. All others get closed. Access to the card left will be restricted for 24 months. Lastly - as part of it - provide them 10 yrs payment plans at a fixed 3 percent interest where all of it gets paid back.