Whatever it takes appears to be the new catchphrase amongst central bankers and politicians as we embark on another reckless economic experiment. Presumably, whatever it takes means, they’ll print and spend as much money as they possibly can. And of course, with as little oversight as possible.
Meet the three amigos! Donald Trump, Steve Mnuchin, and Jay Powell. With their powers combined, in conjunction with that of Congress, are going to destroy what is left of the economy. The inflation and hyperinflation that is all but certain to exist will be nothing short of ruinous. But they don’t care. They’ll continue printing and spending as if the US Dollar is going out of style – becasue it is.
Furthermore, if printing money and spending money that we do not have is/was such a panacea, then why not make all of these programs even bigger? If $6T will work, surely $10T would be even better?! But of course it does not work like this and sadly, we’re all about to realize this fact in short order. Stay diversified, stay vigilant, and stay with The Kapital News. #Economy #Recession #Bailouts #Debt #Republic #Congress #USA #Congress #Constitution #Depression