• masquenox@lemmy.world
    link
    fedilink
    arrow-up
    8
    arrow-down
    6
    ·
    5 months ago

    “printing more money” however, this has the potential to cause rapid inflation.

    That only happens if you put all that money into circulation - if you were to, say, just give it away as a handout to the military or Israel… no inflation. Which is… exactly how they give handouts to the military and Israel.

    To think… they could just as easily spend that thumb-suck money on healthcare - but that won’t murder brown people, so they don’t do it.

    • Leate_Wonceslace@lemmy.dbzer0.com
      link
      fedilink
      English
      arrow-up
      11
      ·
      edit-2
      5 months ago

      Since the USD is considered the world reserve currency, the government is capable of doing wacky shenanigans like that. Inflation, so long as the American people are insulated from it, could theoretically be used as a way to extract wealth from other nations. It wouldn’t surprise me to learn that they’re actually already doing exactly that.

    • exanime@lemmy.world
      link
      fedilink
      arrow-up
      10
      ·
      5 months ago

      That only happens if you put all that money into circulation - if you were to, say, just give it away as a handout to the military

      How do you give a handout to the “military” without putting that money into circulation?

      • masquenox@lemmy.world
        link
        fedilink
        arrow-up
        2
        arrow-down
        3
        ·
        5 months ago

        How do you give a handout to the “military” without putting that money into circulation?

        That’s the beauty of “trickle-down” economics - it doesn’t. Give it to the military and the parts of it that doesn’t get hoarded by MIC billionaires gets spent on things such as R&D and asset/infrastructure development and maintenance - there’s not a lot of that money “trickling” down and circulating amongst the general population.

        If you were to spend it on health infrastructure and development, the money will still not be “trickling” down - but the benefits will. A bunch of F-35s means next-to-zero benefits for people - but a functional hospital does.

        • exanime@lemmy.world
          link
          fedilink
          arrow-up
          2
          ·
          5 months ago

          Even so bud, every cent used in R&D is already in circulation

          Even the hoarded money, it’s not in an evil lair, it’s in some bank, in circulation, making money for the hoarder.

          It may have a slightly less inflationary effect but this money is as much in circulation as the single going into a strippers thong