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Deficits & “Stimulus” Checks = More Inflation & A Huge Bubble That Will Burst
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President Trump is considering "stimulus" checks (again). We should all remember the last time that President Trump sent out "stimulus" checks. It was the "CARES Act," which ignited the massive inflation that we're still suffering from today. How can a government that has no money, because it racks up record deficits, be in a position to give out "rebates" anyway? Tariffs (that Americans overwhelmingly pay) don't put the government books into the black. The government is way in the red. Why tax Americans with tariffs to begin with? When a government (via the Fed) prints money for "stimulus," it's yet another tax.
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