136 countries reach an agreement on a corporate tax rate of 15% and this is being hailed as a landmark, groundbreaking, massive transformation that will make companies “pay their fair share”. We give you a real dose of economic reality on this, and more. 🛑 Buy me a coffee: http://www.paypal.me/bullboombearbust 🛑 Send support or otherContinue reading “The Sad Truth About the Global Tax, Will this Help the Average Working Person? Jobs, Wages, Prices”
Tag Archives: Tax
China’s Common Prosperity – Explained!
China’s Common Prosperity – Explained! So what is Common Prosperity? “Common Prosperity” was first mentioned in the 1950s by Mao Zedong, founding leader of what was then an impoverished country. It was then repeated in the 1980s by Deng Xiaoping, who modernised China, devastated by the Cultural Revolution China has since become an economic powerhouseContinue reading “China’s Common Prosperity – Explained!”
TGA Drawdown, July Tax Record, Reverse Repo and Debt Ceiling
The Treasury General Account has finally gotten back down to its pre-covid levels, which is where the treasury had targeted at the beginning of the year. The problem is the Federal Government cannot issue any new debt until the debt ceiling is either suspended or raised, and so the TGA may go all the wayContinue reading “TGA Drawdown, July Tax Record, Reverse Repo and Debt Ceiling”
What’s the Problem With Stimulus Checks, Trade Deficits and the Minimum Wage?
Source: https://schiffgold.com/interviews/whats-the-problem-with-stimulus-checks-trade-deficits-and-the-minimum-wage/ FEBRUARY 10, 2021  BY SCHIFFGOLD So, what’s wrong with stimulus, money printing, trade deficits, and the minimum wage? Peter Schiff appeared on Meet Kevin to tackle these questions and more. If price declines are normal, why not run the printing presses and hand out those stimulus checks? Simply put, it stops prices from falling and thatContinue reading “What’s the Problem With Stimulus Checks, Trade Deficits and the Minimum Wage?”
Peter Schiff: Inflation Is Really a Tax
Source: https://schiffgold.com/videos/peter-schiff-inflation-is-really-a-tax/ JANUARY 19, 2021Â Â BYÂ SCHIFFGOLD Peter Schiff recently spoke at the January 2021 Virtual Money Show. He explained why the coming financial crisis will be much worse than 2008, and how the Federal Reserve and the US government are driving us toward this crisis with their inflationary monetary policy. Peter is well-known for predicting the 2008Continue reading “Peter Schiff: Inflation Is Really a Tax”
How Price Inflation Benefits the Wealthy
Here’s the mechanism at work. It’s not really a secret, though most don’t understand it. Related Article: The Real Goal of Inflation See Full Video Transcript Below I’m going to show you how the rich benefit handsomely from inflation it will take a few minutes and a little bit of simple math but if you stickContinue reading “How Price Inflation Benefits the Wealthy”
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