ilmscore | Why Pay Taxes If The Government Can Print The Money?

Why Pay Taxes If The Government Can Print The Money?

Published: 2023-12-06
Status: Available | Analyzed

Predictions from this Video

Total: 3
Correct: 0
Incorrect: 0
Pending: 3
Unrated: 0
Prediction
Topic
Status
US government interest payments on debt are forecasted to exceed the entire military budget by 2028.
"it is expected or forecasted that the interest payments that the government has to pay on this debt will exceed our entire military budget by 2028"
US Government Expenses
Pending
Increased printing of US dollars will lead to a decrease in the value of each individual dollar, causing prices of goods to rise.
"as you increase the amount of currency you increase the amount of units out there you increase the amount of dollars out there the value of each individual dollar goes down causing the price of things to go up"
Value of US Dollar
Pending
Owners of real assets like real estate and stocks will benefit as their prices rise due to the decreasing value of the dollar.
"the people that benefit are the people that own things it's the people that own real assets because what has gone up in price well the prices of things like real estate the prices of things like assets like stocks"
Asset Appreciation
Pending