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Author Topic:   The Genius Act: President Trump Signs First Ever Crypto Currency Bill
Randall
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From: I hold a Juris Doctorate (J.D.) and a Legum Magister (LL.M.)!
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posted July 18, 2025 03:24 PM     Click Here to See the Profile for Randall     Edit/Delete Message   Reply w/Quote
Last week, the media said this bill was dead. President Trump jumped in and made the deal happened. The Dealmaker-in-Chief! Another legislative win! So much winning! High tariffs of $64 billion, low inflation of 2.7 percent, low unemployment, Iran’s nuclear capability crushed, the lowest tax cuts in history, and more bills on the way. And the Dems tried to stop all of it. Not to mention ZERO people coming across our border! Promises made, and promises kept!

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Randall
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From: I hold a Juris Doctorate (J.D.) and a Legum Magister (LL.M.)!
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posted July 20, 2025 09:46 AM     Click Here to See the Profile for Randall     Edit/Delete Message   Reply w/Quote
More bills to follow.

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PhoenixRising
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posted July 21, 2025 09:40 AM     Click Here to See the Profile for PhoenixRising     Edit/Delete Message   Reply w/Quote
Fake news:

quote:

Last week, the media said this bill was dead. President Trump jumped in and made the deal happened. The Dealmaker-in-Chief! Another legislative win! So much winning! High tariffs of $64 billion, low inflation of 2.7 percent, low unemployment, Iran’s nuclear capability crushed, the lowest tax cuts in history, and more bills on the way. And the Dems tried to stop all of it. Not to mention ZERO people coming across our border! Promises made, and promises kept!


Inflation increased 2.7 percent since last 12 months. Please check with AI before making false statements.

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Randall
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From: I hold a Juris Doctorate (J.D.) and a Legum Magister (LL.M.)!
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posted July 21, 2025 04:45 PM     Click Here to See the Profile for Randall     Edit/Delete Message   Reply w/Quote
quote:
Originally posted by PhoenixRising:
Fake news:

Inflation increased 2.7 percent since last 12 months. Please check with AI before making false statements.


AI? Current inflation is 2.7 percent, not a 2/7y percent increase. That is LOW, in case you can't do simple math. It is only an increase when compared to how low President Trump got inflation since he came into office. Is 9 percent inflation high? Asking for a friend.

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PhoenixRising
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posted July 22, 2025 12:42 PM     Click Here to See the Profile for PhoenixRising     Edit/Delete Message   Reply w/Quote
Fed is targetting no more than 2.0% year over year. Right now it is 2.7% . Did you notice? Wages do not go up as inflation rises. People are really having a tough time to keep up their lifestyle.


2023 was worst due to Ukraine war. 9%.


Right now it is 2.7% increase-- I have yet to see prices of commodity go down where we can call it a victory.


Refer below chart:

Year Inflation (YoY, June)
------ ------------------
2019 1.6%
2020 0.6% (pandemic low)
2021 5.4% (post-COVID spike begins)
2022 9.1% (highest since 1981)
2023 3.0%
2024 3.3% (estimate based on trailing data)
2025 2.7% (current estimate, as you said)

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Belage2
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posted July 22, 2025 01:49 PM     Click Here to See the Profile for Belage2     Edit/Delete Message   Reply w/Quote
I am not sure what First Ever Crypto Currency Bill means because I have not looked into it. But time will tell...

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