Let This Sink In

I made the spreadsheet below from information on USDebtClock.org. Some of the numbers will be different if you check them as they were increasing (or decreasing) in real time.

The government has been busy printing money, raising the prices of cars, homes and tuition by over 225%, and devaluing the dollar. You may have realized that Bidenomics (for lack of a better term) has impacted your lifestyle. I doubt people realize the extent that the government has enslaved us in just three years.

This is why we preach going Galt, buying tangible assets and getting out of debt (slavery). If people cannot afford housing and transportation, how can the economy sustain itself?

UPDATE:

David DeGerolamo

      
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tom finley
tom finley
2 months ago

When I had my contracting business, we had to do profit and loss statements to take inventory of the business as a whole. The country is bankrupt, they have the advantage of digital currency printing, they do not care about inflation, their goal is to destroy the economy and we the people. We cannot vote our way out of this, it is going to take a whole lot of violence to rectify the situation.

SirLawrence
SirLawrence
2 months ago
Reply to  tom finley

So true. But the problem of debt being Our Greatset Strength for so long is that even with the curative fiscal impact of heads-on-pikes there remains a massive reversion to the material comfort that reflects an economy based on value production as opposed to fiat consumption. Its gonna sting.

In the olden days even the accountants who were tasked to keep the books understood the limits of reality. An abacus has only so many beads. What goes out, comes in, and remains.

But the “government”, like modern business, has adapted to the great anti-reality of fiat and the cloud mathematics of accounting dark magic culling “value” from the ether of the ‘abysmal science’ of economics.

Wasn’t it George Soros himself who authored the book “The Alchemy of Finance”? Perhaps he was foreshadowing the collapse of the global adrenachrome market when the reaper finally repossesses his fetid meatsack.

In my unremarkable career in the dark arts of globofinance I recall that even such standard metrics like EBITDA, as “accepted best practice” acronyms, are pozzitively loaded with lies in plain sight.

Corporations are people (lol) except when it comes to their books. I tell my wife we have plenty of cash as long as its before we pay taxes, account for the oldness of our cars, and how many years before the roof needs replacing and so on, well her eyes glaze over. If only we were the “government”.

Speaking of which, the government owns nothing and so nothing plus or minus nothing cannot go bankrupt. It is We who are bankrupt. Thats what makes this all the more infuriating. Also, its quite probable that I died of “covid” on the books but have yet to get my $600. Which is now actually worth $400. Not enough for new tires.

Just whittling long sticks on the porch for no reason at all. Forgive my verbosity.

tom finley
tom finley
2 months ago
Reply to  SirLawrence

No forgiveness necessary, you just have a great way of expressing the truth.

Jane
Jane
2 months ago
Reply to  SirLawrence

Never got my 600 either

Arch Stanton
Arch Stanton
2 months ago

Many individuals and households have crossed the Rubicon in debt. Forced to live on credit cards under Biden we cannot go any deeper. Not seeing a light at the end of the tunnel we assume there’s a runaway train with no headlight. And we have lost hope in the system. Therefore, our debtors will just have to suck on it. We no longer care. Let the curtain fall. That is the mindset. IMHO.

Irod Folsom
Irod Folsom
2 months ago
Reply to  Arch Stanton

All though you have zero control over the government spending, they will hold debtors responsible, let the games begin!

Irod Folsom
Irod Folsom
2 months ago

100% Debtor prison for CC holders except government agencies !

Pastor Guest
Pastor Guest
2 months ago

The deliberate destruction of the dollar by inflation is the way TPTB will persuade people to let go of physical currency so they will embrace CBDC’s. When the value of Federal Reserve notes is equal to the paper they are printed on, people will have no choice.

Joe Blow
Joe Blow
2 months ago
Reply to  Pastor Guest

I believe you are correct. This is how they will get people off the USD and onto the CBDC. Your cash’s value will literally evaporate in front of you, unless you switch to the WEF’s newest blockchain…

kal kal
kal kal
2 months ago

the consequences of a rigged election and the installation of a buffoon .

Joe Blow
Joe Blow
2 months ago
Reply to  kal kal

It’s really kinda funny how the Illegal Birth Certificate people are just rolling over in their graves right now, isn’t it?
Should have fought when we could. Seemed like it wasn’t worth it then, because I don’t think anybody really thought it would get THIS bad.
Now the same people that warned you then, are warning you now, it’s about to get a whole lot worse! I dunno if I have enough bullets.