Tuesday, August 29, 2023

$10 Trillion Stolen Right Under Our Noses

All of the “Covid Relief” numbers are far too big to understand unless one has a good numbers sense and sits quietly in a room with some blank paper and does some ciphering. People thought it was a good idea to spend limitlessly and futilely on Grandma without considering the costs to her adult children and grandkids. Hey, Grandma used to make us cookies; she’s worth whatever we’ve got. And even what we don’t got. Even if we can’t, through the full range of “mitigation,” keep her alive for another two months in a nursing home, where she’s seldom visited. If she has to live in isolation and die alone to “stop the spread,” so be it.

Biden & Company stacked $4 trillion more of debt/contrived money on top of that, plus he mandated the jabs.

At least $600 billion of "Covid relief" money was stolen via fraud or embezzlement.

Like the Newark merchant's cash box, the missing money won't ever be recovered.

If you didn't already own an inflation hedge, such as real estate, stocks, or metals-the prices of which have increased because all of that printed money had to go somewhere-you've missed out on a wave of profit-taking that better-capitalized people have caught.

The government spending/printing all of this inflationary money bothered people less than if somebody had slashed their car tire.

Aside from the widespread loss of wealth and the attendant social stratification, the experiences that young people could have had: the new friendships, the school bands and plays, athletics, proms, parties and graduations; and for adults, meetings of life partners, the unstarted families and gatherings, voyages and other uncreated memories were stolen from billions of people. 

https://brownstone.org/articles/10-trillion-stolen-right-under-our-noses/

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