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To: RaceBannon

WORK PRODUCT

When you take money from someone and give it to someone else to spend (which is exactly what government spending is) there is no WORK PRODUCT the person receives for his money.

So the second person get to spend that money (he didn’t earn) on the same amount of existing goods. So, more money chasing fewer products = price increase.

Anything the government does to disturb supply and demand breaks everything.


4 posted on 06/15/2022 5:26:34 AM PDT by Mr. K (No consequence of repealing obamacare is worse than obamacare itself)
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To: Mr. K

On top of that, the “money” the government is printing and spending TODAY is leveraged against the future indebtedness of our progeny.

IOW, they print money knowing they can raise taxes on our grandchildren to cover it.


27 posted on 06/15/2022 5:40:52 AM PDT by Cletus.D.Yokel (Islam is NOT a religion of any sort. It is a violent and tyrannical system of ruling others.)
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To: Mr. K
When you take money from someone and give it to someone else to spend (which is exactly what government spending is)

The late Walter Williams described this situation: A man walks down the street and sees a man dressed in a nice suit. He pulls out a gun, demands $100 from the guy in the nice suit, who gives it to him. The first man then continues walking down the street and gives $20 to the first four beggers he meets on the sidewalk and keeps $20 for himself. Is he a hero, or a thief? (He's a thief.)

116 posted on 06/15/2022 7:56:26 AM PDT by libertylover (Our BIGGEST problem, by far, is that most of the media is hate & agenda driven, not truth driven.)
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