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RE: Child Tax Credit - More Stimulus Checks?

in LeoFinance10 days ago

These short term stimulus programs are funded by profligate money printing that destroys the long term value of everyone's money.

If you study the history of money and hyperinflation such stimulus programs are common in the final stages before monetary collapse.

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Yes I agree, in general more printing will end up hurting the economy and as you said may cause monetary collapse. At the same time, if economies are healthy and doing well taking educated and balanced measures like this can help making economies even stronger.