Economics fundamentals lesson number one: government does not create money.
Oh sure, it prints the paper that we symbolically attach value to, but it doesn't generate the actual worth of that money. It's the free interaction of people buying and selling and going about their business that sets prices and generates wealth.
With that out of the way, we come to Biden's $1.9 trillion dollar "stimulus" package that was just passed by the Senate thanks to the first of many tie-breaking votes by VP Harris.
As I write this, every man, woman and child in the U.S. owes $84,178. The $27.8 trillion total debt increased by over 1 million in the time it took to write this sentence.
At some point, this foolish house of cards of ours is going to collapse in a bad way.
This third round of stimulus money does come with some fast cash, but even there, those in power are doing a little dance, figuring out how to give people like you as little as possible while still technically meeting their promises.
Stalin was once said to have plucked out a chicken's feathers before feeding it some corn to show how you could hurt people but then make them come crawling back to you for sustenance.
The game of lockdown-stimulus seems weirdly similar.
