It’s not “confusing”.
You print money, enrich yourselves and your donors, debase the citizens’ savings, weaponize the dollar against foreign adversaries, and lie about why you’re doing it.
It’s simple. And it’s destructive.
#themoneymachine
#fiat
This is absolutely priceless. And probably the most frightening clip you'll ever watch on the people in charge of the US economy.
Jared Bernstein is literally the Chair of the Council of Economic Advisers, the main agency advising Biden on economic policy