Ah, I understand: by expanding the money supply by 85 billion a month (that’s a trillion a year), they devalue the dollars current employed people get paid, freeing up funds for more employees. Genius! And as a bonus, everyone gets pushed up into higher tax brackets!
It’s so fun falling to socialism! Wooohooooooooo!
If you want to win, try this simple strategy:
Go to your local Bank, and demand higher interest rates on your account. Better yet, organize an “Occupy” style protest to demand higher interest rates from banks.
This has two advantages:
1. It has a populist appeal that is hard to argue with. Most everyone hates banks and those who save hate getting such low interest on their accounts.
2. Low (nearly zero) interest rates are the only thing keeping the Entitlement State afloat. If short term interest rates were to even rise to 4%, the Entitlement State would come crumbling down—there is no way the Government could fund it. Which is why the Federal Reserve has been pushing interest rates to near Zero.
This strategy would be far more effective than any political grandstanding that House Speaker Boner could possibly execute.
It’s the Obamacare solution. Making the problem bigger will solve everything. Let see they done it to Healthcare, To Big to Fail Banksa and now Federal Debt.