CEO of WallStforMainSt, LLC. Research Ninja. Financial Detective. Entrepreneur, Financial Historian, Austrian School Econ & OG Financial YouTuber. VT Hokie.
DC/Northern VA
Joined October 2009
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I went back and checked Global M2 Money Supply growth since 2008-2009 to this week.
From below $30 trillion to $103 trillion in under 20 years
But there's people on financial YouTube with large views claiming that there is no evidence of any inflation whatsoever?
Now that DNC controls both houses of Congress we are going to see base case annual budget deficits increase by at least $200-$400 billion per yr in my opinion. Budget deficits >$2 trillion per yr by Congress will ramp up quickly again. Spending on Healthcare subsidies, ESG & DEI
Jason Burack retweeted
Gen Z committed economic suicide on themselves and they still dont realize it yet.
The Democrats flipped a lot of seats. Tax, borrow & spend with stolen funds for DEI & ESG charity & NGO frauds will only increase. You would be surprised how many trillions can be wasted or stolen by DC and other levels of government in only 2 to 4 years w good lawyers now
A far better question. However, the DNC favors currency debasement & wealth redistribution through taxes as well. The wealth redistribution hardly ends up going to the need people. Millions of Dollars go to politicians, bureaucrats & lawyers helping the charity & NGO fraud
Hong Kong gold exchanges want to tokenize 400 oz gold bars and add on OTC derivative layers with high leverage available for paper trading. What could possibly go wrong?
crypto.news/hong-kong-gold-t…
Worse than this. They vote to raise taxes and then move to a lower tax state or setup LLCs to shield their income from the harmful policies afterwards. Many have friends and family members involved in charity fraud or NGO fraud so they can get 6 figures at taxpayer's expense
There used to be a lot of these charity frauds and NGO frauds for 7 figures or larger from stolen USAID funds all over the globe. This went on for many years. Huge corruption and nepotism where friends and family got 6 figure jobs and very large luxury travel budgets
Temulun Togochog, the woman who assaulted conservatives at the University of Michigan, has been living off the US taxpayers for most of her life.
The Southern Mongolia Human Rights Information Center, her father’s organization, received $816,000 from NED between 2008 and 2016. The money gets harder to follow after that.
He only cares about his rich champagne socialist hypocrite friends in California. If I remember correctly many were supposed to leave the US for Canada or Europe when Trump won again but they stayed & constantly complain. Many dodge taxes even though they fund DNC raising taxes
Gavin Newsom pitches $1 billion Hollywood tax break - including credits for movie stars' salaries trib.al/PeoeX5S
A corrupt champagne socialist hypocrite grifter bureaucrat. Unfortunately, there are many thousands like this at all levels of gvmnt. Many make 6 or 7 figure side deals through Dark Money shell companies and/or charity fraud & NGO fraud too. Many have 7 figure or more net worth
The James Bond movie franchise needs a masculine man as the lead role first to restart the franchise. More Sean Connery & less Lizzo or Jada Pinkett Smith type gender bending for woke & virtue signaling points
Sydney Sweeney would make a 'wonderful' Bond girl says 007 star as final screen tests for lead role take place trib.al/o0KfPjh
That would assume that gvmnt spending is rational, not wasteful and not corrupt. California spent over $80 billion already on the high speed rail project. It was supposed to go from San Francisco to San Diego. Under 30 miles of track was finished with the funds. Wasted & stolen
For all of my adult life, Al Gore & many DNC elites were anti fossil fuels & wastefully directed countless billions of Dollars to wind, solar, EVs & bad EROEI biofuels. They wanted higher oil, gasoline & diesel prices. These DNC politicians wanting low gas prices are liars
Most people ignore or forget or are not aware that governments view AI as a weapon.
This is deep dive on how AI is changing cyber security
youtu.be/JXiQ6Tk_P84?is=Nv1c…