Quote:
Originally Posted by dyna mo
this is the 2nd time you've exclaimed this. where's all the proof? What trump policy is inflationary? the economy was already growing pre-trump and inflation is a consequence of any economic growth. deregulation leads to inflation? because what other economic policy has trump enacted? and where is the dollar being devalued at all? no where.
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The proof is in my pay packet as someone making USD and bringing it back to Aus, Donald's given me at least 10% pay rise this year.
He unleashed money held overseas and dropped taxes at a time of maximum debt.. that's inflationary.
America is not a company it's a country, grow it too fast.. on borrowed money and inflation comes up to bite you.
Trump said a few times during his campaign that he would not rule out devaluing the USD, understand as a foreigner making money in the USA that's the million pound gorilla in the room for us. Also understand I do currently pay tax in the USA, my major income makers have me on 5% withholding tax and I'd guess that 5% is more than 50% of American's pay per year and certainly more than most board trolls make. ;)