Comments by "Aaron Okeanos" (@AaronOkeanos) on "A YouTuber with MORE SUBSCRIBERS Interviewed Me" video.

  1. Crypto-Currency: What is the difference between classical money-printing and mining crypto. It creates more of it.
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  2. Excellent information from David. And overall a good high-level interview the host actually had good knowledged sensible questions.
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  3. Because capitalists still think lefties are nuts despite evidence for the contrary.
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  4. Regarding the amount of money spend - Don't forget the number being thrown around are over 8 years. The US has yearly expenses of 4,400,000,000 $ (data from 2019). If you multiply that by 8 years and incorporate that better infrastructure leads to more jobs and more bussiness than you could even make an argument it's still too little. Besides Biden is not planning to make more debt, but to tax fair again.
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  5. About the Inflation Argument - The Stimulus checks are not new money pumped into the system. It's money the tax-payer payed into the system and are now just payed out again. See it as a payout from a long-term investment-plan. It's your money you get back nothing more, not new money which wasn't there before. The money payed out is also not available for the government to spend somewhere else. So the hole system has not become "havier" so to speak. And if it helps prevents that some people go hungry, ill, bankcrupt, homeless and preserves the status quo a little while longer it does more good than bad for the economy in the future. This is the very thing people tend to forget. The 400.000 excess deaths by Covid Trump could have been prevented will have opportunity costs for the US in the future. Those are people from all age groups now missing from the system. Humanists don't like it very much but it can't be denied that everyone of us is helping the GDP in one way or another. So yes you can place a value on every citizen how much every contributes to society at least on average. And this makes the economic damage of dead people calculateable. A sell for one is a purchase for another. And now 550.000 potential cpnsumers and workers are gone within 12 months. It WILL have an impact, especially if experts and high-qualified personel is among them. But even if not companies starting up again now need to find new suitable workers and it will disrupt chains and well oil machinery of economics to a degress and create costs. And the simulus helps to mitigate this loss somewhat.
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