I notice that Frank Holmes of US Global Investors is not around to stop me, so I will use something he said to buttress my argument. “The real damage, right now,” he says, “comes from populist policies that are rewarding and encouraging envy and justifying jealousy. When jealousy and envy come to dominate a society, the society becomes dysfunctional and most people lose.”
I was hoping that he would have gone on, “And when you give these coveting, envious, greedy morons the chance to give themselves money, benefits and advantages by merely voting for someone who promises to give it to them if elected, it means these higher costs and burdens will pass through to the ultimate consumer, just like all other costs and burdens always do, in the form of higher prices. And if there is one thing that we don’t want, it is inflation in consumer prices because it means that Mogambo The Glorious And Irritating (MTGAI) was right, so tragically, horribly right, to bellow, night and day until we are all sick of hearing it, that inflation in consumer prices is the thing to be feared above all others, as it is inflation in consumer prices that destroys economies because it means that the poor, on whose behalf the money was created by the Federal Reserve so that the government could borrow and spend it in the first place, are, collectively, even worse off than they were! Worse off! Hahaha! “We’re from the government and we are here to help you!” Hahaha!
My advice to the government, if they really want to help the poor, is to stop allowing the creation of more money and credit by the Federal Reserve. Which they won’t.
Every Single Program the government is pursuing to “stimulate” the economy is funded by money created out of thin air. Anyone who’s played Monopoly knows what happens towards the end of the game when all the players have a bajillion dollars – everything gets hella expensive! And coincidentally enough, that plain lesson in economics has repeated itself in real life, countless times over the course of history. And every time a nation allows its government to print bajillions of dollars to fund its corrupt and idiotically misguided and corrupt expansions, that nation’s economy has collapsed.
The only thing the government can actually do to help you, me, and the economy, is to stop trampling the Constitution, stop doing just about everything it is doing right now, and let us and our neighbors help ourselves. The founders had lived through this lesson, and so, wisely mandated that our nation’s currency would be silver and gold, and then we wouldn’t have this problem any more.
Which makes me say, Weee, this Constitutional and economics stuff is easy!
You seem very naive. You actually think the presidency is trying to improve the nation? Silly boy. They are not so concerned with helping the nation as helping themselves and their corporate sources of income. Somebody they know very well is getting very rich and that’s is what is driving the presidency.