There's about 150 million American citizens who could really use $10k right about now.
And they can print $10k for each American. It's just paper, no wealth gets printed along with the money. Every $10k they print they steal that from everyone else once it gets spent.
Nocoiners get FUCKED hard. /laughs in blockchain
People holding dollars and dollar-denominated assets get fucked. People holding all other assets don't.
Money now, pay even more later. Look up check kiting.
But they won't, because fuck you; they don't feel they need to bribe you to not "actively" work against them..
It would possibly even make sense to print and splash that $10.000 on every adult US citizen, as most of it would be spent in-house and thus be returned "in various ways", on a very short term.
It amounts to no more than a couple of trillions of dollars and as the house have assets amounting to about $176.7 trillion, so..
Edit: agh, forgot a zero in that; it's 20 trillion, but still managable..
The government doesn't create any wealth. It would just be plundering this $10k from the very group of people it's supposedly helping. It's just a big pit of destruction.
The current government is certainly not and historically D-rulers have increased the state debt every single time they got the opportunity..
No government anywhere have the abition to create wealth; rather they seek to control as much wealth as possible.
However stimulus checks would create growth, which the common man and the government would benefit both directly and indirectly from.. the former POTUS knew this to be a fact, being a somewhat capable and astute businessman..
(post is archived)