Jason HartmanCEO of Empowered Investor and Real Estate Tools

How Government Debt Fuels Inflation!

Name: How Government Debt Fuels Inflation!
Uploaded: 2025-01-10T20:53:20+00:00
Duration: 58 s
Channel: Jason Hartman
Description: In this monologue, the speaker argues that inflation is a direct result of government overspending and the massive national debt. He cites figures such…

10 Jan 2025 · 1 min

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In this monologue, the speaker argues that inflation is a direct result of government overspending and the massive national debt. He cites figures such as $35 trillion in current debt and $220 trillion in unfunded mandates, noting that the IRS collects roughly $4 trillion annually—about 16% of the nation’s $25 trillion GDP. Using these numbers, he constructs a hyperbolic scenario: to service the debt for two years the entire population would have to work for free, and to cover all unfunded obligations the country would need to be taxed at 100% for eleven years, effectively enslaving every citizen. He concludes by dismissing the feasibility of any solution, cryptically mentioning that “she has a plan” but urging the audience not to worry. The overall tone is alarmist and critical, employing exaggerated rhetoric to underscore perceived fiscal impossibility.

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This is just the state cost of illegal immigration. This does not include the federal cost. Inflation happens when the government overspends. We have over 35 trillion with a T dollars in debt. We have 220 trillion dollars of unfunded mandates. Going forward in time that simply cannot be paid. By math alone, the IRS takes in about $4 trillion a year. The GDP of the entire country. In other words, all the labor efforts, all the production of every human in the country only adds up to about $25 trillion. So to pay for the problem, you would have to enslave the entire country. To just pay the debt for two years, you'd have to make everybody work for free, which they probably wouldn't do. And going forward, for all those unfunded promises the government has made into the future, you'd have to enslave the entire country for 11 years and make them at 100% tax rate. You. You don't get to keep any of your money. Pay it all to the government. Impossible. But she has a plan. So don't worry. There's a plan.