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Grim Affiliations
David Pakman Show
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Comments by "Grim Affiliations" (@grimaffiliations3671) on "If Economic Growth Ends, Who Cares About the Deficit?" video.
“Printing” money is largely outdated. They digitally mint the money and make it show up in people bank accounts. And creating new money doesn’t necessity lead to inflation. In fact it can relive inflationary pressure by addressing the fastest growing expenses in America
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@luperamos7307 what do you mean this money is pushing up the assets of the rich?
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They debt it’s just money held in the form of US treasuries currently held mainly by Americans. There won’t be hyper inflation
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Rome isn’t applicable to the US, their currency was pegged to gold/silver the US dollar is a fiat currency
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Exactly. The truth is that the deficit doesn’t matter. The government can afford to spend whatever is necessary to fund its priorities
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