🇺🇸US Now Has:

1. Involvement in multiple wars around the world 🌎

2. New trade war with 🇨🇳 China

3. Record low oil inventories with $90 oil prices 📈

4. CPI inflation back up to a 5-month high📈

5. Least affordable housing market ever😐

6. US deficit spending is now at… pic.twitter.com/5z9www0Nj4

— Ajay Kashyap (@EverythingAjay) October 21, 2023

She actually said this, while we are running deficits over $2 trillion per year.

Janet Yellen: US Treasury secretary says
‘We can certainly afford two wars’ pic.twitter.com/6IdSbzCZga

— Wall Street Silver (@WallStreetSilv) October 16, 2023

Previously: Jewish Yellen Says US Can Easily Afford Two Jewish Wars

It’s stupid.

The US is going to have to default, and the only obvious way to default is to print the money.

There is no reason you can’t do that. In Vietnam, the bills are denominated in the millions. You can just inflate your currency to pay your debts. It’s very easy.

The problem of course is that the US dollar is the backbone of the global economy. But that’s over anyway.

Just print the money and finish this. Drop the interest rates back to zero, and then we can figure out how to allocate our wealth.

New York Post:

The US government on Friday posted a $1.695 trillion budget deficit in fiscal 2023, a 23% jump from the prior year as revenues fell and outlays for Social Security, Medicare and record-high interest costs on the federal debt rose.

The Treasury Department said the deficit was the largest since a COVID-fueled $2.78 trillion gap in 2021. It marks a major return to ballooning deficits after back-to-back declines during President Biden’s first two years in office.

The US is now effectively running a deficit at $2 trillion+ in a time where the Fed is calling for a “soft landing.”

Deficit spending is at the same levels observed during World War 2.

This is unsustainble.

Follow us @KobeissiLetter for real time analysis as this develops.

— The Kobeissi Letter (@KobeissiLetter) October 14, 2023

The deficit comes as Biden is asking Congress for $100 billion in new foreign aid and security spending, including $60 billion for Ukraine and $14 billion for Israel, along with funding for US border security and the Indo-Pacific region.

The big deficit, which exceeded all pre-COVID deficits, including those brought about by Republican tax cuts passed under Donald Trump and from the financial crisis years, is likely to enflame Biden’s fiscal battles with Republicans in the House of Representatives, whose demands for spending cuts pushed the US to the brink of default in early June over the debt ceiling.

…

The fiscal year 2022 deficit was $1.375 trillion.

I’m sick of hearing about it.

It’s not a real issue because there is no solution. These trillions are irrelevant. There’s only one solution, and that is to default, and the easiest, most painless way to do that is to drop the interest rates to zero and print the money.

The US is on the cusp of entering a regional war with a senile president, no speaker in the House, no official policy, no planning, ballooning deficits, and a massive military crisis.

People are seriously still discussing “the woke campus left” as the disaster unfolds. pic.twitter.com/KqkECtSttp

— Nemesis Respecter 40K 🇰🇵🤝🇵🇸🇨🇺 (@SwordMercury) October 14, 2023

NIH Spent over $800,000 to study whether Japanese Quails are more Sexually promiscuous on cocaine. I think we could have simply polled the audience….and of course found they are… pic.twitter.com/lZYlRbyuun

— Senator Rand Paul (@RandPaul) May 25, 2021

Is it really “quails,” Dr. Paul?

I’m pretty sure it’s just “quail,” like your meme says.

We should spend $466,000 on figuring out the plural form of “quail.”

#NationalScienceFoundation uses our tax $$ to study:

If Neil Armstrong said “1 small step for man” or “1 small step for A man” Inconclusive. $700k

If Cocaine makes Japanese quail more sexual. $466k@SenRandPaul – ABSURD #Taxpayer Funded #Studies https://t.co/onCQ13gp87

— Me (@FactsOvrFeelngs) May 26, 2021

Rand Paul doesn’t get it: the government can print money forever and the only thing that will happen is that Tesla stock will keep going up.

There is literally no other consequence.

All of this money is being dumped into ultra-bubbles.

Obviously, it will eventually all collapse. But acting like it makes a difference if Joe Biden’s spending bill is $1.8 trillion or $6 trillion is ridiculous. It is a pointless exercise in Rand Paul jerking off coked-up quail on the Senate floor.

Rand Paul is for sure one of the better Senators (though that isn’t saying much of anything). But doing this “fiscal responsibility” thing in current year is just nuts.

More than 1/3rd of the total dollar supply was minted during the first 10 months of the “coronavirus pandemic.”

There is no possible reality in which this economy is reined in. Even if every person in the government wanted to do that, it would not be possible.

Clearly, at some point, the plug will be pulled on the stock and housing bubbles and everyone will find out that there is 50 times the number of dollars in circulation as total numbered value of collective assets, at which point the dollar is worthless and all people who aren’t rich are poor.

At that point, they’ll bring in a new “digital dollar” that will be linked to an international system, you will have no job and live in a box and be doled out an allowance like a child. Everyone will be completely dependent on the state for survival.

That said, it is clear that this is not supposed to happen immediately. These bubbles can last a long time. They are pumping up the economy right now, saying it’s booming and we’re ready for a great economy (for no reason).

The best you can do is own property outside of the city. That’s the only piece of economic advice I’m willing to give. Don’t ask me about Bitcoin, because I have no idea. I know that it will do better than the dollar, but as the dollar is going to collapse to the point of needing replacement, that isn’t saying anything.

Rand Paul would do better just warning people that it’s already happened and this is the future they chose.

P.S.

The “cocaine quail sex” thing is literally a 2011 meme.

The quail of course did have more sex on cocaine.

Meanwhile, there has been a massive movement to legalize marijuana, a drug that lowers testosterone and destroys sex drive.

There has been no attempt to legalize cocaine, despite the fact it is safer than marijuana and non-addictive.

The excuse is that blacks will make crack out of it, but they already do that.

At this point, fentanyl is de facto legalized but people still get arrested for cocaine.

They’re probably just trying to protect us from the totally real HIV, which causes AIDS, and which, by the way, has nothing to do with homosexuality.