Comments by "nexus1g" (@nexus1g) on "Congress' COVID Relief Bill Is A Total Joke" video.
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Unless you're pure energy, living on universe juice, people gotta work and produce to feed you, clothe you, provide you with energy, keep the distribution infrastructure for all these things going, etc. Those people also are not likely made of pure energy living on universe juice, so they appreciate being able to afford for themselves clothing, energy, housing, etc. This isn't a dollar thing--it's an "our nature" thing. If you don't work, you die. That is simply our nature as human beings. While our civilization provides us a small buffer to that, it can't work miracles.
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@Dog.eatdog Without Medicare/Medicaid and Social Security spending, the US budget would be balanced with a 1-trillion-dollar-a-year surplus with the current income. If you remove all defense spending, which is absurd--but let's give it all to you, we're still in a deficit.
I'm aware of how currency is generated and lost. I'm also aware of this thing called inflation. Each dollar essentially represents an equal share of a nation's wealth. The wealth of a nation is not something that can be created without work--it's not printed. As such, quantitative easing, as you suggest, causes inflation but having more units of currency in hand may provide a psychological effect which prompts some people to more freely spend money. However and as mentioned before, that does not change the wealth of a nation. When your wealth is declining sharply while you are divvying up that wealth between more units of currency, it causes much worse inflation than when there is only a secondary market downturn.
"WHO earned that money?" The United States. "WHO should be beneficiary number one?" The United States. All money is backed by, created by and belongs to the United States. The United States is a representative democracy. Elected officials determine, democratically, in what way the money is best used for the United States as a whole. Our budget as it stands reflects those democratic choices.
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