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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsScott Bessent: Trump's $2000 Tariff Checks Won't Fuel Inflation If People Don't Actually Spend Them
Like Howard Nutlick's MIL - who wouldn't be concerned if she doesn't gets her Social Security check.
This is the man in charge of the Treasury. Who apparently doesn't understand the incredibly simple economic concept of the Velocity of Money (tiktok link) and how SPENDING from the bottom up drives the economy, not parking cash onto existing cash piles like his caste does.
The man who started a hedge fund with $5.1bn in 2017 that plummeted to $577m in 2023. The man who helicopter-dropped $40bn of US taxpayer dollars on Argentina to bail out his investor class buddies.
Its truly amazing to watch.
The risk of rising prices remains a huge concern for consumers, and against that backdrop, Fox News asked Bessent Tuesday night how the government would avoid another bout of stimulus-driven inflation if the checks happen. Maybe we could persuade Americans to save that, because one of the things thats going to happen next year is the start of Trump accounts to save for kids, Bessent said.
https://www.joemygod.com/2025/11/scott-bessent-trumps-2000-tariff-checks-wont-fuel-inflation-if-people-dont-actually-spend-them-video/
Video clip (Xitter 1:17)
Link to tweet
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(55,816 posts)calguy
(6,036 posts)if they dont actually get them. Just like they never spent their DOGE checks.
samnsara
(18,693 posts)..2000$ worth of food from GrubHub...and my daughter will head for the casino..
Wonder Why
(6,409 posts)gab13by13
(30,732 posts)WTF people, Krasnov is giving us back the money we already spent because of his tariffs.
If the fat fucker sends me 2,000 dollars, mine is going to a food bank.
Lovie777
(21,229 posts)these people are deranged.
There will be no $2,000.00 refund, the country's economy is failing and the Republican party is the reason why.
$500,000.00 for senators who can file suit because of phone investigations and the American tax payers have to pay it?
While mostly GQP congresscritters want to defund Snap, SS, SSI, Healthcare, Medicare, Medicaid, et al.
Buns_of_Fire
(18,925 posts)Really, I won't spend it. Pinky swear on trump's honor.
PJMcK
(24,480 posts)durablend
(8,799 posts)Attilatheblond
(7,862 posts)he needs a monocle in his belly button to see out.
We have a cabinet straight out of Alice's Wonderland.
allegorical oracle
(6,026 posts)Autumn
(48,687 posts)The vote for the files is over save this distraction for another day .
dalton99a
(91,295 posts)Ruby the Liberal
(26,581 posts)He ordered the Treasury to reprogram their system to change the generic government payee to him personally so that his signature was on each stimulus check. Delaying the process by over 3 weeks, IIRC - but hey, his name was on the check.
King Man Child.
durablend
(8,799 posts)surfered
(10,443 posts)Those tariff dividend checks wont increase the debt if people tear them up.
Jbraybarten
(156 posts)eShirl
(19,962 posts)GiqueCee
(3,072 posts)... is an imbecile utterly devoid of even a shred of common sense, and even less of common human decency. But then, the entire Trump regime was selected for their staggering stupidity and mindless malice.
Russell Vought has a lot to answer for. His bottomless pit of evil, and Trump's infantile ego, have brought the nation to its knees.
NO forgiveness, and NO mercy. They certainly haven't afforded us any.