"The most significant threat to our national security is our debt," Admiral Michael Mullen, Chairman, Joint Chiefs of Staff, August 27, 2010

Monday, April 25, 2022

Mom’s who do one heck of a good job… and us guys who don’t

I’ve been writing/sharing/reading mostly history that involves us Americans.  I’ve also been observing ever since JFK was killed and LBJ took over that government promises self-aggrandizing concepts that are mostly voter buying crap.   Add lots of  DEBT…  that ends up hurting the voters who sell their votes to buffoons who promise the world but simply aren’t responsible.   They don’t get the job done! They do pay themselves piles of worth less USA dollars.   That’s America today!

So, what I did was google the following words

history's lessons about countries that print and distribute money

Google offers some summary titles/links with a few borrowed words that connect to the above… here are several with the link:

·         What happens when a country just prints more money?


o   Unless there is an increase in economic activity commensurate with the amount of money that is created, printing money to pay off the debt would make inflation worse. This would be, as the saying goes, "too much money chasing too few goods."

o   https://www.aarp.org/politics-society/government-elections/national-debt-guide/faqs/why-cant-government-print-more-money.html


·         How does printing money affect the economy?


o   Economics is based on the idea of supply and demand. If we printed more money, there would be an artificial overabundance of demand – money – but the supply of goods would not increase at the same rate. What results is dangerous inflation. Prices would increase to a level where the newfound money would be worthless.

o   https://www.liberty.edu/champion/2021/11/opinion-printing-more-currency-will-not-fix-inflation/


·         Why can’t we just print a bunch of money to make everyone rich?


o   It sure sounds like a nice idea. Print a bunch of money and everyone gets rich. We could buy anything we wanted. Ah, if only it were that easy. It turns out printing more money would have a much different outcome than we might like to imagine.

o   https://askdruniverse.wsu.edu/2017/07/14/print_money/

Folks, I could go on… quickly... no advertisements… there’s no one in an American materialism society that would pay me a penny – $0.01 – to advertise their overpriced mostly unneeded crap that lives off NOnSENSE... no fundamental need... value!   That’s a fact Jack!

Why is my Mom my 1st title word above ?  She taught me to do without... volunteer... help others... ... save/invest/repay debt... and more.  That’s why!

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