But extra printing and devaluing of dollars is an excellent way to enact reparations for slavery. They've been doing it now for four years. Next time you go to the grocery store purchasing only two-thirds of the amount of food you used to purchase for the same amount of groceries, realize that that other third of the cart is now going into the carts of those with EBT cards. Your purchasing power has been stolen from you directly because of this monetizing of our debt. And here's the kicker. Our GOP House gave it their blessing.
Agreed, but there’s more. “Extra printing and devaluing of dollars is” also “an excellent way to” continue paying the regulators, mis-educators, family busters and other counterproductive folks in local governments through federal funding. They keep new competition down and take much more.
They’ll run out of bond investors and sustainable revenues (manufacturing, etc.), too. Then, the robbery party stops. Might be wise to save some cash and a few other necessities for a time of extended closings of services.
After that, there will be no magic money tree. All will have to be earned.