What’s Next, Trillion-Dollar Coins?

By Stefan Gleason – Re-Blogged From Gold Eagle

The massive set of stimulus measures rolled out last month by the Treasury Department and Federal Reserve has left many Americans wanting more… and politicians scheming for new ways to dole out additional trillions in cash.

Most taxpayers have already received their $1,200 “stimulus” payments. However, that one-time payment will do little to repair the long-term financial health of the 26 million (and rising) who are newly unemployed.

And it surely won’t bail out all the small business owners who were callously deemed “non-essential” and forced to shut down during this pandemic.

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“Printing Money” and Cocaine

By Gary Christenson – Re-Blogged From Deviant Investor

The addictive behaviors of drug addicts are similar to the actions of a modern “Keynesian” economy addicted to “money printing” by central banks and fractional reserve banking.

From Psychology Today on Addiction:

“Addiction is a condition in which a person engages in use of a substance or in a behavior for which the rewarding effects proved a compelling incentive to repeatedly pursue the behavior despite detrimental consequences.”

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