Quote:
Originally Posted by Next Best Thing
Keep printing money.
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Trump started the presses with his corporate tax cuts and having GOP Congress they lifted the debt ceiling so high they didnt need to revisit it again until Covid.
But thats not real, cause Fox didnt report deficit spending the last 4 years
Then to not understand why we print money is another reason to talk about it like it is a negative thing.
With the Corporate hoarding of cash, $20T in cash held by the largest publicly owned Companies, There needs to be more cash printed to keep inflation near zero.
The printing of money increases the value of the stocks being traded, it puts cash in the hands of people who invest it in the market.