USA: you were born American, so you must pay American taxes even if you live and do business in some other country, or else say hello to the IRS. You know, we need money to feed our trillion dollar army (that can't handle protests and prevent civil casualties)

also USA: *prints two trillions of dollars in 10 months* Here's your $1200 stimulus package

the issue is not the printing of money when we have a leak in our economy, its that we don't have controllable exit points from the economy.

reality is we're shaved down to about bare metal at this point and there really isn't any extra money in the country yet the landlords still expect their rent even with the layover which only helped people who were fucked over when their cover story for another recession hit (eg covid)
officially.

money in money out.

if you want to give people ubi for food and rent, you need to control rent, and manage repairs yourself and tax the fuck out of the centers where the money ends up to keep the balance in place and make sure people can cover their basic bills.

its all kind of a joke anyway.
in the end our country's economy is designed to be broken anyway. otherwise feudalism doesn't keep lurking in the shadows.

Say hello to inflation

@Devnergy yeah uncontrolled inflation would occur but we’ve had a deficit since the 1980s

Inflation now seems more about greed as if you check the data cost related to employment on average had gone down on average since Obama

Our average wage fell per hour

So why would prices go up ?
No calamities really struck other than a storm in Texas that caused some damage to oil refining

Florida gets swept off the map constantly anyway so that could be viewed as a constant

And inflation is usually caused by price increases that up cost or greed

Where are the cost increases ?
Brick and mortar stores should be dying out

Amazon has become dominant
Employment at a middle class wage should be dropping
Manufacturing processes produce at an obscene rate
And everyone is always out driving around eating up gas and destroying their vehicles everywhere

I’m not sure about lending ..

Point is if demand drops across the board prices should fall
And if layoffs are not happening left and right another point to check wages have stabilized likely
Another point to check

On the ground it doesn’t look like anyone is doing anything different

Entertainment is faltering
Supposedly strip clubs are closing
Theaters likely aren’t doing so well
But streaming services and isps should be booming
All these people were running around with 600 a week in unemployment funds !
A 1200 stimulus be damned that’s nothing
And part of that is circular
People spend the money
Likely a nice percentage is dropped right back in the government
The more times a dollar is spent via wage dispersal the more money ends up back in taxes

It doesn’t make sense
We should have hit an economic crisis by 2016

But everyone was out partying
And everyone was out buying
And no one seems to be starving

And the jails are still overflowing
And the number of people getting stuck in the

Street with no one helping them doesn’t ever change it seems
Construction is continuing everywhere

Old houses are rotting however
General cleanliness seems to be going by the wayside but still

Drive drive drive drive

When I don’t have any money I stay home or I drive less
Gas is a major budget killer as are car repairs

Canada as well. Let's prop an already broken real estate in the process.

Money printer goes brrr.

@AvatarOfKaine gas prices here in Asia are now expensive. We can also feel the US inflation here 🤯

@Devnergy and supposedly Dubai is a sham
Wow
Glad they spent our money on something worthwhile

Question for you because I'm going to maybe move to Canada from USA

How does taxes work exactly? I don't get double taxed on income, do I?

@AlgoRythm you pay taxes on income at the state and federal level

Then you pay taxes into social security property taxes and if you run a business they hit you for other things

There is also something called capital gains tax if you own a lot of property

Additionally this is a repeat question but whatever

Personally I’d never move to either of these god forsaken countries
If you’re in Europe stay there
This country sucks nowadays
And Canada is colder than shit

But anyway everything else in the USA is an ad valorem tax on purchases and the rest you see as price increases