What we get from stimulus is far less than the price we will pay in inflation tax due to fed printing money. Americans & businesses should have had savings to ride this out. Sadly it is too late to fix this for covid, but we can start by vastly reducing federal gov & taxes.
@karpathy I always show family the “plan a weeks worth of meals then create an instacart order for all the ingredients” use case. Minds blown every time
Introducing the Matte Black Everything wallet!
https://t.co/6emhOmMN4u
We're only doing a limited run of 300 of these wallets - each embroidered with its corresponding number on the inner label
(Psst if you want to win #069, just follow and RT and I'll pick a winner Feb 8th)
US paid $853 Billion in Interest for $31 Trillion Debt in 2022; More than Defense Budget in 2023.
If the Fed keeps rates at at these levels (or higher) we will be at $1.2 trillion to $1.5 trillion in interest paid on the debt.
The US govt collects about $4.9 trillion in taxes.
Many think social media companies only censored "vaccine misinformation." But a recently-released email shows Facebook reassuring the White House that they were censoring "often-true content” that "does not contain actionable misinformation" but was "discouraging vaccines."