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In standard English, “money” has several, quite different definitions.

1. the medium of exchange
2. income, and
3. wealth

To illustrate, when you are asked “how much money do you make?” this is an entirely different question than when the Federal Reserve (or, any nation’s central bank) is asked “how much money do you make?”

The Federal Reserve makes money in the sense of medium of exchange. It literally prints the paper currency part of the money. It’s like a legal counterfeiter of money. If James Bond has the 007 license to kill, the Federal Reserve has the even more powerful 006 license to print money.

For most of us mere serfs in this modern elitist-run world, we make money by producing goods and services that are valued by our customers. (This is “money” defined as income.) We peasants fight inflation when we make money, because we are increasing the availability of goods and services relative to the availability of the kind of money that the Federal Reserve makes.

But, when the Federal Reserve makes money, it does the opposite. It increases the availability of medium of exchange relative to the availability of goods and services. So, what the Federal Reserve does is inflationary (at least when it increases the availability of medium of exchange relative to the availability of goods and services).

Now, what about government spending. In Democrat land, the government is like a Fairy Godmother (except there is no God and “mother” is merely the first part of a two-part word, the second part begins with the letter “f”). In Democrat land, the government waves a magic wand, and presto! changes pumpkins into motor carriages, all-electric of course, as well as, food stamps, housing subsidies, college loans, etc. etc.

While many people believe in government as Fairy Godmother, other people - called Republicans - don’t believe. They think (because their heads are full of racism, colonialism, homo and transphobia) that when the government spreads around money, it actually gets that money from people who work (through taxes) or from the Federal Reserve (through the printing of new money). The first way (taxes) is neutral with respect to inflation, and the second way (deficit spending financed by the printing of new money) is inflationary.

To be sure, there is a third way to finance government spending, borrowing. But, borrowing depends on the credibility that the government will repay the money it borrows with money of equal purchasing power. When the government loses that credibility, because it is running an unsustainable deficit, then lenders will demand a higher interest rate, which will worsen the deficit and lead to an inflationary spiral.

This inflationary spiral will get worse and worse, leading to a hyper-inflation, or else the Federal Reserve will have to cause a recession by jacking up interest rates even higher than the inflation rate, which will precipitate a recession.

This way of thinking is way too complicated for Democrats like Joe Biden and Janet Reno, and maybe even for a lot of people. They are free to pursue virtue and do-gooding because math and real science are too complicated for them. So, every now and then, the God that doesn’t exist has them learn through experience the lessons they should have learned from the wisdom of the past.

If you think it’s dangerous that a fool like Joe Biden is be president of the United States, think of how dangerous it would be for Joe Biden to be a brain surgeon, or to run a nuclear power plant, or to operate heavy equipment at a construction site? Government might seem to be a place where people can be fools. But, when we have fools running government, we will suffer. Then, with new elections, we have an opportunity to elect people who aren’t fools.

Abraham Lincoln put it this way: He said you can fool some of the people all the of the time. Those are the Democrats. And, you can fool all of the people some of the time. That’s when we elect the Democrats. But, you can’t fool all of the people all of the time. So, democratic government isn’t perfect. We sometimes make mistakes. But, with new elections, we will correct those mistakes.