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519 sats \ 7 replies \ @siggy47 31 Oct 2023 \ on: Meta Econ Takeover Day 14 meta
"Providing funding for the wars in Israel and Ukraine for U.S. national security" is the cover for more QE. Citizens must do their part by accepting a little inflation. GDP will benefit, since unlike you, they won't exclude debt increases.
No more War Bonds. They can just do QE and people pay with inflation, and cannot decide if they want to support war or not. :/
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Exactly. And they call this mess a democracy. That's rich.
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Not quite. They call it a "Democracy", by which they just mean "rule by Democrats".
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The thing we always seem to lose sight of, as Americans, is that the rest of the world is a bigger mess than America is. That's the main reason they can keep exporting their inflation.
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Yep. Due to our reserve currency status. I can't believe every other country isn't furious at the U.S. for weaponizing the dollar.
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??? they are, but look what happens to them if they show dissent
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They only have their own central banks to blame for managing their currencies even worse than the dollar.
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