Big government creates a problem then throws money at the problem in order to fix the problem that they created. Bongino calls it the broken leg fallacy. And yes, they want to destroy the dollar.
Don't get too upset. We have a fiat currency -- they can literally print wealth if they want to and it will not impact the economy a dime.
Inflation / deflation can be determined at whim by the same enterprise by literally 0 balancing sum accounts and offsetting any unwanted inflation, or they can stockpile inflation and debt the market at will to kill the US dollar (and the world economy).
Fiat currency is a joke, always has been.
The only real true currency is scarcity, whether it comes in the form of precious metals, foods, or goods.
And our country has an abundance of riches as long as we protect ourselves by rejuvenating resources.
That being said, yes they are trying to bring the whole world down when there absolutely is no reason to do so.
You know what they say about economists and weathermen…
I’m more of an econometrician/statistician, but my degree is in economics. I work in data, not philosophy.
Each of those $300 checks will only cost the government $6000 to process and send.
Big government creates a problem then throws money at the problem in order to fix the problem that they created. Bongino calls it the broken leg fallacy. And yes, they want to destroy the dollar.
Don't get too upset. We have a fiat currency -- they can literally print wealth if they want to and it will not impact the economy a dime.
Inflation / deflation can be determined at whim by the same enterprise by literally 0 balancing sum accounts and offsetting any unwanted inflation, or they can stockpile inflation and debt the market at will to kill the US dollar (and the world economy).
Fiat currency is a joke, always has been.
The only real true currency is scarcity, whether it comes in the form of precious metals, foods, or goods.
And our country has an abundance of riches as long as we protect ourselves by rejuvenating resources.
That being said, yes they are trying to bring the whole world down when there absolutely is no reason to do so.
It's madness, and now you see the insanity.
received a similar amount in Quebec Canada for the exact same reason last week.
Well, they're printing as fast as they can anyway. Makes a change from it all going to Goldman Sachs and Lockheed Martin.
That must be a definition of tbe word "acceletate" that I was not previously aware of.