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| Topic | Stimulus checks and boosted unemployment are bad for the lower and middle class |
| Solid Snake07 07/21/20 6:01:05 PM #43: | Broseph_Stalin posted... That has nothing to do with fiscal policy however, the money congress spends comes from tax revenue or borrowing. The fed does NOT print money to fund fiscal policy like people think. If that were the case we would be seeing the inflation levels you're claiming Yeah, and most of it is being borrowed, and it's largely being borrowed from the federal reserve. They may not be physically printing currency but they are injecting capital by purchasing federal securities. --- "People incapable of guilt usually do have a good time" -Detective Rust Cohle ... Copied to Clipboard! |
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