the biggest reason we shouldn't print money for most things, is because it devalues the monetary supply, which especially hurts people who are saving money. think of an old person who doesn't invest but does save... their money would be impacted. but the thing about stimulus checks, is everyone who is not well off gets one, so it doesn't matter if there's some devaluing going on, because inflation would affect everyone the same and those savers of money would be getting a check too so they are balanced out. perhaps government shouldn't be printing money too much, but at least during a serious downturn in the economy, it makes sense to some extent.
printing money to pay for stimulus checks wouldn't be a big deal
Posts
Total:
4
-->
@n8nrgmi
*laughs in Zimbabwe*
-->
@MisterChris
-->
@n8nrgmi