Total US economic stimulus package tops $6 trillion

[F-22Raptor]

https://twitter.com/x/status/1242574112024932354

 

[F-22Raptor]

Largest in US history

 

[Myth_buster_1]

how much are we getting in our pockets

 

[Khanivore]

https://twitter.com/x/status/1242574112024932354

How much of that will go to Trump-connected companies, billionaires, friends and cronies, it beggars belief.

 

[JafarQureshi]

how much are we getting in our pockets

This is what I heard.

Zero Dollars if you make over 100K

For families making less than $100K , $750 per person

Businesses get Payroll tax holiday.

 

[Kaniska]

I donot understand this concept..How US Govt will float this monet in their economy? For other countries, there is a constraint of Foeign Currency reserve. But for US, they do not have such concern. Does that mean, they can print all the money they want and pass it this economy?

@dbc

 

[Wow]

GOD what a Mess

We are living in the end times

 

[Hakikat ve Hikmet]

I donot understand this concept..How US Govt will float this monet in their economy? For other countries, there is a constraint of Foeign Currency reserve. But for US, they do not have such concern. Does that mean, they can print all the money they want and pass it this economy?

@dbc

Basically, Yes...

 

[Beidou2020]

I donot understand this concept..How US Govt will float this monet in their economy? For other countries, there is a constraint of Foeign Currency reserve. But for US, they do not have such concern. Does that mean, they can print all the money they want and pass it this economy?

@dbc

That is the privilege of having the reserve currency. Since the dollar has demand globally, US can print all the money they want and not worry about inflation.

 

[zectech]

That is the privilege of having the reserve currency. Since the dollar has demand globally, US can print all the money they want and not worry about inflation.

The individuals deliberately invent scenarios where dollar liquidity is low and businesses and individuals are desperate for dollars, loans and buyouts. The Federal Reserve invents 4T FRNs/USD in their computers and does what they do, flood the world with dollars to insiders. As idiots demand dollars to keep up fake demand for toilet paper (dollars).

China should have a decoupling plan just in case. The global economy used China for cheap labor to flood China with worthless dollars, and to have the Chinese buy up worthless treasury notes. The Yuan is strong. However, the perception in the media is the dollar is needed. Those who run the fed are the same who run the Western media. Fake news, fake money, fake system of Western fake civilization. China is the last strong hope for freedom in the world. And there looks to be a new cold war. So fakery is going to continue for the slaves in the West.

 

[Beidou2020]

The individuals deliberately invent scenarios where dollar liquidity is low and businesses and individuals are desperate for dollars, loans and buyouts. The Federal Reserve invents 4T FRNs/USD in their computers and does what they do, flood the world with dollars to insiders. As idiots demand dollars to keep up fake demand for toilet paper (dollars).

China should have a decoupling plan just in case. The global economy used China for cheap labor to flood China with worthless dollars, and to have the Chinese buy up worthless treasury notes. The Yuan is strong. However, the perception in the media is the dollar is needed. Those who run the fed are the same who run the Western media. Fake news, fake money, fake system of Western fake civilization. China is the last strong hope for freedom in the world. And there looks to be a new cold war. So fakery is going to continue for the slaves in the West.

China should use the yuan for trade, investment, financing. China has already established the global yuan clearing and settlement mechanism known as CIPS. This is equivalent to the global dollar clearing and settlement mechanism known as CHIPS. Less dollars China uses, the less demand for dollars there is globally.

 

[ziaulislam]

I donot understand this concept..How US Govt will float this monet in their economy? For other countries, there is a constraint of Foeign Currency reserve. But for US, they do not have such concern. Does that mean, they can print all the money they want and pass it this economy?

@dbc

Yes

As put before by finance guy
Usa can never go bankrupt TECHNICALLY..as it can simply print all the notes ..

As long as usa attracts all technology and manpower this will remain true..ofcourse it has alot of resources(largest oil producer) but key is manpower

 

[Pakistan Space Agency]

China should use the yuan for trade, investment, financing. China has already established the global yuan clearing and settlement mechanism known as CIPS. This is equivalent to the global dollar clearing and settlement mechanism known as CHIPS. Less dollars China uses, the less demand for dollars there is globally.

What is China's equivalent of America's SWIFT?

 

[Beidou2020]

What is China's equivalent of America's SWIFT?

SWIFT is a financial messaging service, not a clearing and settlement mechanism like CHIPS.

CIPS has the capability to do clearing & settlement AND financial messaging.

 

[Pakistan Space Agency]

SWIFT is a financial messaging service, not a clearing and settlement mechanism like CHIPS.

CIPS has the capability to do clearing & settlement AND financial messaging.

Oh fantastic.