The dollar is a weird animal being a reserve currency so typical economic principals don't seem to always apply in ways one would think regarding inflation etc.
Once they realized this their now pushing more and more and seeing what they can get away with without large immediate effects (lasting effects are the next guys problem).
It's a cookie jar but it's a black box, you can't see how many cookies are in it. In the past we said don't take more than 10 a day or you won't have any more tomorrow, but then someone took 11 and the next day nothing much changed, so they took 12 so on and so forth. Someday though there going to reach in for 35 and only pull out 10, that's the beginning of the end.
In another way the dollar is not to unlike bitcoin, nothing backs it except the confidence of value and in the dollars case the backing of a historicaly rule of law respecting nation (something vastly disappearing). If the confidence is lost or something better floats along it's in trouble.
You have two groups one pillaging wanting it to continue so there's more to pillage, the other actively trying to destroy it via instability. Both sides seem to think they can use or outsmart the other to their goals and are racing to the same result.
Sometimes I think this push for chaos and the lack of law and order is to overwhelm the public with such an unsafe environment that it justifies them coming down hard.
Look at what they did after January 6th--it was certainly no armed insurrection (it was great support for the MAGA movement, yes, but no insurrection and definitely not armed). They are using a relatively minor even (when compared what went on over the summer) against Americans that did not support the Democrat party. It is obscene what is going on in Congress.
Democrats are spending money everywhere to buy votes. I keep saying they are building up a slush fund. Of the $1.9 trillion Covid-19 Relief Bill, less than 10% went to Covid-19. The latest $2.3 trillion Infrastructure Bill, 10 to 25% actually goes towards infrastructure (depending on who is doing the reporting) but most of the money is not related to infrastructure.
When emergency bills are passed, they should not be allowed to add on anything that is not related to the emergency. It becomes a way to blackmail the public. If the public wants relief, they must agree to give congress a blank check.
The dollar is a weird animal being a reserve currency so typical economic principals don't seem to always apply in ways one would think regarding inflation etc.
Once they realized this their now pushing more and more and seeing what they can get away with without large immediate effects (lasting effects are the next guys problem).
It's a cookie jar but it's a black box, you can't see how many cookies are in it. In the past we said don't take more than 10 a day or you won't have any more tomorrow, but then someone took 11 and the next day nothing much changed, so they took 12 so on and so forth. Someday though there going to reach in for 35 and only pull out 10, that's the beginning of the end.
In another way the dollar is not to unlike bitcoin, nothing backs it except the confidence of value and in the dollars case the backing of a historicaly rule of law respecting nation (something vastly disappearing). If the confidence is lost or something better floats along it's in trouble.
You have two groups one pillaging wanting it to continue so there's more to pillage, the other actively trying to destroy it via instability. Both sides seem to think they can use or outsmart the other to their goals and are racing to the same result.
Sometimes I think this push for chaos and the lack of law and order is to overwhelm the public with such an unsafe environment that it justifies them coming down hard.
Look at what they did after January 6th--it was certainly no armed insurrection (it was great support for the MAGA movement, yes, but no insurrection and definitely not armed). They are using a relatively minor even (when compared what went on over the summer) against Americans that did not support the Democrat party. It is obscene what is going on in Congress.
Democrats are spending money everywhere to buy votes. I keep saying they are building up a slush fund. Of the $1.9 trillion Covid-19 Relief Bill, less than 10% went to Covid-19. The latest $2.3 trillion Infrastructure Bill, 10 to 25% actually goes towards infrastructure (depending on who is doing the reporting) but most of the money is not related to infrastructure.
When emergency bills are passed, they should not be allowed to add on anything that is not related to the emergency. It becomes a way to blackmail the public. If the public wants relief, they must agree to give congress a blank check.