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n. Illinois | The Fed is as we speak already printing new money somewhere between 220 billion to 375 billion in 2026 according to the latest guidance's put out by the Fed itself. This added to the 600 billion that the banks will generate by making net new loans is going to increase the money supply close to a trillion dollars which implies a year over year growth of money of over 10% which = more inflationary pressures.
there are very few people in congress that want to do anything to restrain Govt spending. every GOP candidate is lying to you when they talk about fiscal restraint and balancing the budget. They have yet to propose any real spending cuts. A cut in spending in DC is not allowing the budget to grow year over year. IE If we spent 100 million in 2025 and we do not spend 110 million in 2026 that is what DC is calling a spending cut. The rest of us say no you have to spend 90 million in 2026 to be a spending cut.
We are hamsters on the hamster reel, just going around and around faster and faster never getting anywhere. Everyone once in awhile we get thrown off and hurt.
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