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Dan A
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Comments by "Dan A" (@DanA-nl5uo) on "Where's My $2,000 Stimulus? We Asked Rashida Tlaib" video.
We need to restructure how the federal reserve creates new currency. That currency is based on the assets of the entire American public. Every single American citizen should have a federal reserve account and the new currency should be put into those accounts equally giving all Americans the new assets made in their names. The federal reserve created 20 trillion dollars in 2020 and dumped it into the stock market because that was the tool they had after the 2008 bailout of the banking sector. Ask yourself would the economy and you personally be better off if that same money was give to each member of your household in 2020 in the form of $57,000 per American citizen? Because the federal government said no the best thing they could do with that 20 trillion dollars was the V shaped recovery in the stock market.
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@dragonore2009 bro the federal reserve is already running the printing press they have been since the crash of 2008. The question is just why are they giving the money to only the wealthy elites who own stocks and bonds? Also debt and deficit have nothing to so with the federal reserve creating new money so stop conflating the two. As to hyper inflation it hasn't happened since 2008 when the federal reserve started printing money for the wealthy to increase the wealth gap in our society. So clearly it isn't a problem at the current rate of wealth creation. Why are you defending the status quo of only giving that wealth to the people who need it the least like Jeff Bezos and Elon Musk?
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