Quote:
Originally Posted by Tony
The policy of govt stimulus and creating more fiat money is in full effect.. What are you warning us about?
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True enough, though I don't think I'm warning anybody. I'm just trying to round out the discussion a bit. Let's go back to the title of the thread, which implies that $17T is bad. Just... because. It's worth a discussion to see if there is more to it than that. It would be better for us in the long term if we were to do more stimulus to put millions of people back to work, and then pay down the debt with a healthy economy.
We've done it before: after WWII, and again after the 80s.