Posted 5/21/2026 17:07 (#11653194 - in reply to #11653176) Subject: RE: Fighting inflation
Sioux County, NWIA
If federal tax receipts exceed federal expenditures then federally generated money gets extinguished. How often that has happened I don’t know off the top of my head. Not sure if that happened under Clinton. If my memory serves the federal debt that existed at the time of President Andrew Jackson was extinguished.
Fighting inflation
