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It is from the government spending too much on bailouts. The more dollars the Federal Reserve prints the weaker the dollar becomes. It is the cost of socialist
by orionblastar 5y ago
It is from the government spending too much on bailouts. The more dollars the Federal Reserve prints the weaker the dollar becomes. It is the cost of socialist programs as well as taxes being raised to pay it back. There is no such thing as a free lunch, it has to be paid for in some way.
- WalterGR 5y agoSocialist programs to keep people fed and in their homes? I’m not seeing how that’s USSR material. What would you have recommended instead? A donation system?
- mrzimmerman 5y agoI think the alternative they’re proposing is another Great Depression. Massive loss of homes and jobs with no way out. Businesses permanently crumbling because their customers are impoverished for a generation. But god forbid society take specific action to prevent it because that would be “socialism”.
- compiler-guy 5y agoAll else being equal, the weaker the dollar becomes. However, a growing economy makes not all else equal.