Because that's unpopular with voters, and lord knows the politicians aren't about to cut back on their spending (bribery) either.Venomous Masculinity wrote: ↑Sat Sep 04, 2021 5:22 amThe more I read about the economy the less I understand it. Currency just feels like Linkara''s magic gun, and the higher ups make up all sorts of rules and bullshit as they go along. What is a dollar? What is a bit coin?
If making more of a currency reduces the value of it, why is the solution always to print more rather than tighten our belts?
Both parties are determined to print print print until the entire global economy goes off the rails. We've already seen previews thanks to covid. We had a national moratorium on fucking evictions. Basically, "things are so shit that everyone is gonna get evicted if big daddy government doesn't force landlords to keep non-paying tenants."
The real problem is the people at the top are making thousands of times more money than they can spend within their lives. And the people on the bottom make less than a living wage. The missing link here is the megacorps. They're the ones squeezing the middle class dry, making it seem necessary for big daddy government to throw a bunch of "stimulus" into the economy. But the stimulus is barely a bandaid. Doesn't do shit long-term and only makes inflation worse, which makes life harder for the poors and working class.
We're gonna see some fucking fireworks in the next year, mark my words. The evictions are gonna be insane and not only that, but the people getting evicted may not be able to find any new place (thanks to inflation.)
Edit: Just checked and apparently the moratorium is STILL in effect thanks to the CDC issuing another one. So they're continuing to kick the can down the road and we'll be having the same discussion in October.