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Related: About this forumTea Party Republican admits we can "print money" to aid in recovery
Former Ohio Republican Congressman Jim Renacci, the author of the book The GOP's Lost Decade, discussed economics, healthcare, and COVID-19. He agrees that we can print money to aid in recovery.
https://egbertowillies.com/2020/05/11/good-republican-agree-printing-money/
Turbineguy
(37,385 posts)when you can get a $175,000 (and bennies) per year job having flunked high school economics.
Roy Rolling
(6,943 posts)They cant grasp the relationship between events and the reaction in real, not manipulated, financial markets. And by the time people realize it, the markets themselves will be gone, too.
This is an existential threat, not a financial threat. They are anarchists and will destroy the whole place before they are done. They already have their nest eggs.
The Velveteen Ocelot
(115,924 posts)won't that make the checkout lines even longer and therefore subject us to more virus contagion?
orwell
(7,777 posts)...The Fed is monetizing the debt right now.
mitch96
(13,935 posts)My neighbor is a tea party republican and this is what he was yelling about with Obama.
"they are gonna ruin this country just printing and spending money!!!" Oh the shame!
Spouting something about prez Jackson getting rid of the central banks or some such..
m
Crowman2009
(2,505 posts)Oh it's all bad until they're in charge.