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Comments by "" (@johnwattdotca) on "Sycamore Tree CEO discusses market reaction to Joe Biden's Treasury pick, Janet Yellen" video.
I have an idea to more than just save the American economy, more a victim of Trumps' trade war with the world than most Americans understand. The American dollar was removed from the gold standard a long time ago, making it just paper worth what you are willing to do for it. I say just keep printing it and granting electrical credit and give it away to any Americans who need it without having to account for it as future debt. Creating so much American cash will start to flood the world, and having American money become the global currency will save Americans from having to think their country ran itself into financial ruin. There is an American government printer who keeps printing hundred dollar bills, so palette loads of cash can be given or airdropped to foreign warlords as American support, fighting their legitimate governments. That's one precedent. If you were a Wall Street financier, if someone came in and asked for a seven billion dollar loan, saying we want to give it away to drug addicts and alcoholics as government support in our country, would you grant that annual loan? That's the arrangement Ontario in Canada goes for in New York. And no, I'm not thinking of calling it Buy The Buy by Biden. The New Economy says it all.
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