Re: DHL delays from China Quote:
Originally Posted by acerrr explain m8 i cant make heads or tails of this lol |
Governments don't have money to give away to people, they are "governments" in the sense that they have the authority and power to collect taxes (real value produced by people) and then distribute these taxes however they please. Every country around the globe could in theory print as much money as it please and be the richest government on earth, but it doesn't work that way.
The government printing trillions of dollars is like you drawing your credit card to pay your bills --> you will have to pay it back. The government will have two options to pay what it printed back:
1. Raise future taxes (The most probably scenario)
2. Inflate the debt away by letting the dollar lose more of its value
Have you ever seen Warren Buffett talking about taxing the "wealthy"? They will label everybody who makes more than 200k a year as "wealthy".
Under this communistic system taxes have no option but to go up and up
The COVID-19 plandemic is not over yet, I think we have at least two more years to go |