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Aaron Okeanos
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Comments by "Aaron Okeanos" (@AaronOkeanos) on "Will the EU Stop the French Left from Borrowing More Money?" video.
Why do people think there is such a thing as "money printing"? No money comes from nowhere especially not in the Euro-Zone where only the ECB is able to actually make more money.
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You could at least said what was ignorance and misinformation. Without these people will just skip over it.
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It's there you just need to tax those who have it.
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In retrospect maybe it would had been better to give Le Pen the bad situation. She would had to make a coalition with Macron for a majority. And on the next election the left would had her big landslide. Now probably the oppossit happens. But the big loser will be Macron because either way his party will be blamed ... unless they really manage to solve problems and reduce the anxiety levels in the country.
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There is another source of money. Higher tax for the rich. Tax whose how have the money and have no issues paying them they just getting richer a little slower.
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It is a problem because the costs for maintaining the debt rises every single year. It's a debt spiral.
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@sampajam6256 Of course money is "physical" printed. But you cannot print what you not subtracted first from some account. The National Banks or in this case the ECB controls this. But we not really talking about the national banks here but about government. And they get only what is funded either by reserves, taxe income or new debt via bonds and loans. People have this naive idea that the government is calling a printing press somewhere and tell them to print some millions to solve their problems. Why is this important. Well because it isn't raising inflation. Because the subtracted money is just turned into physical money. This is the 2nd lie which is told to make you think bad about your government so they can take over the power. Weaponized ignorance.
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