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Treasury Bonds Help Corporations and the Rich

Discussion in 'Political Opinions & Beliefs' started by resisting arrest, Apr 21, 2023.

  1. resisting arrest

    resisting arrest Well-Known Member Past Donor

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    Listen, Pause, and Reflect on Professor Richard Wolff's sagacious and enlightening commentary. We should tax the rich not borrow from them!!! Treasury bonds are a subsidy for the wealthy!!!

     
    Last edited: Apr 21, 2023
    resisting arrest, Apr 21, 2023
    #1
    Quantum Nerd and Rampart like this.
  2. Just A Man

    Just A Man Well-Known Member

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    Treasury Bonds Help Corporations and the Rich
    So, jobs help the poor.
     
    Just A Man, Apr 22, 2023
    #2
  3. jcarlilesiu

    jcarlilesiu Well-Known Member Past Donor

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    People that invest money make more money than people that don't?

    Yes. Yes. That's how it works.
     
    jcarlilesiu, Apr 22, 2023
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  4. fmw

    fmw Well-Known Member

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    The rich are definitely taxed so you are in luck. You just need to teach government to live within its means.
     
    fmw, Apr 22, 2023
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  5. Just A Man

    Just A Man Well-Known Member

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    Amen.
     
    Just A Man, Apr 22, 2023
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  6. Rampart

    Rampart Banned

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    safe, high interest national debt benefits the rich, which is the simple way to say

    THE NATIONAL DEBT WILL BEVER BE PAID,

    need a reference? try greenspan's testimony demanding the 2001 tax cut.
     
    Rampart, Apr 22, 2023
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  7. fmw

    fmw Well-Known Member

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    Correct. The government will default when it can no longer borrow or it will fail from money supply expansions. So it will be unable to pay debt or will pay it with worthless dollars, This is why federal government is America's biggest problem by a large margin.
     
    fmw, Apr 22, 2023
    #7

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