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Author
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Topic: The Genius Act: President Trump Signs First Ever Crypto Currency Bill
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Randall Webmaster Posts: 207411 From: I hold a Juris Doctorate (J.D.) and a Legum Magister (LL.M.)! Registered: Apr 2009
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posted July 18, 2025 03:24 PM
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!IP: Logged |
Randall Webmaster Posts: 207411 From: I hold a Juris Doctorate (J.D.) and a Legum Magister (LL.M.)! Registered: Apr 2009
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posted July 20, 2025 09:46 AM
More bills to follow. IP: Logged |
PhoenixRising Knowflake Posts: 4048 From: Registered: May 2011
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posted July 21, 2025 09:40 AM
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. IP: Logged |
Randall Webmaster Posts: 207411 From: I hold a Juris Doctorate (J.D.) and a Legum Magister (LL.M.)! Registered: Apr 2009
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posted July 21, 2025 04:45 PM
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. IP: Logged |
PhoenixRising Knowflake Posts: 4048 From: Registered: May 2011
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posted July 22, 2025 12:42 PM
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) IP: Logged |
Belage2 Knowflake Posts: 751 From: Registered: Jan 2025
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posted July 22, 2025 01:49 PM
I am not sure what First Ever Crypto Currency Bill means because I have not looked into it. But time will tell...IP: Logged |