A fraction of fractional reserve

Bank panic.

Remember Trump is a Boomer.

That would help the welfare cliff. Otherwise starving seniors will burden their kids, who can’t work those hours – less revenue instantly.

Capital gains should be taxed the same or actually more than wages, since they did nothing to produce that money unlike an actual job. More popular would be to swap them around, make the CG tax rate the new income tax for all (provide incentive for ambition) and the old income tax rate uppermost becomes the new CG tax. You need to encourage people to work, not to park fiat debt into foreign companies that AREN’T HIRING domestic workers (i.e. no revenue or remittance into oblivion). Buybacks show how fake stocks are. Those CG gains are pixie dust. Turn AWAY from the iceberg! You don’t have enough lifeboats!

All bank accounts you ‘think’ you own, you don’t. Even the rich people are extended a credit line of X, called fountain pen money. Deposit, real, is written up as CREDIT aka debt.

One response to “A fraction of fractional reserve

1. Be civil. 2. Be logical or fair. 3. Do not bore me.

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